Systems Limited to Acquire Confiz Pakistan Through Merger

Systems Limited, one of Pakistan’s major software and technology companies, has announced its plan to acquire Confiz Pakistan (Private) Limited through a merger. The development was disclosed in a notice submitted to the Pakistan Stock Exchange (PSX) on Thursday. The company stated that its Board of Directors approved the acquisition on December 10, 2025, through […]

Punjab Industries Warn Government as Proposed Power Tariff Hike Threatens Export Sector

Punjab’s industrial community raised strong objections on Monday after several power distribution companies including IESCO, FESCO and LESCO requested a new increase in base electricity tariffs. Industrial groups said the proposal is unjustified and could severely damage the already struggling manufacturing sector, especially textile exporters. Business associations noted that electricity prices have already climbed to […]

IMF Funds Boost Pakistan’s Economy as Stock Market Hits Historic Peak

Pakistan’s economy received a major lift today after IMF cleared a fresh $1.2 billion disbursement under the country’s loan program. The approval came after the IMF Executive Board completed its latest review, unlocking immediate financial support. Prime Minister Shehbaz Sharif welcomed the decision, calling it a sign that Pakistan’s economic reforms are moving in the […]