OGDCL Receives Another Rs. 7.725 Billion from Circular Debt Settlement
Oil and Gas Development Company Limited (OGDCL) has received its seventh consecutive monthly interest payment from Power Holding (Private) Limited under the government’s Circular Debt Settlement Plan. The latest instalment of Rs. 7.725 billion brings the total interest recovered to around Rs. 54 billion. The payment is part of a government-approved plan to clear Rs. […]
Air Link Enters Home Appliances Market Through Partnership with HISENSE
Air Link Communication Limited has officially entered Pakistan’s home appliances market by forming a strategic partnership with global electronics brand HISENSE. The collaboration will be carried out through Air Link’s subsidiary, Select Technologies Limited, marking an important expansion of the company’s business operations. Under this partnership, Air Link and HISENSE will focus on the local […]
USF and Jazz Sign Rs. 1.16 Billion Deal to Expand High-Speed Internet in Rural Pakistan
The Universal Service Fund (USF) has signed contracts worth Rs. 1.16 billion with Jazz to provide high-speed broadband internet in nine underserved districts of Punjab and Khyber Pakhtunkhwa. The project aims to connect more than 533,000 people living in rural areas within a period of six to eighteen months, supporting the Prime Minister’s Digital Pakistan […]
JazzWorld Recognised as Top Employer in Pakistan for 2026
JazzWorld has been officially recognised as a Top Employer in Pakistan for 2026 by the Top Employers Institute. This achievement highlights the company’s strong focus on building a positive, high-performing workplace and investing in its people. The certification reflects JazzWorld’s commitment to effective people strategies, employee engagement, and continuous growth. The Top Employers Institute evaluates […]
Punjab Sugar Season 2025–26 Starts Strong with Higher Output and Better Payments
Punjab’s sugar crushing season for 2025–26 has started on a positive note, showing strong production, improved recovery, and better payment flow to farmers. In the first 45 days of the season, 41 sugar mills across the province produced around 1.36 million tons of sugar after crushing 15.06 million tons of sugarcane. The recovery rate improved […]
Fauji Foundation Contributes Over PKR 1.6 Trillion in Taxes, Boosts Welfare Nationwide
Fauji Foundation has paid more than PKR 1.6 trillion in taxes over the past seven years, including PKR 325.7 billion in FY2024–25, highlighting its significant contribution to Pakistan’s economy. The foundation, known for its focus on social welfare, dedicates over 70% of its income to supporting retired soldiers, martyrs, and widows. Its initiatives ensure that […]
Premier Sugar Mills Reports Higher Annual Loss Despite Sales Growth
Premier Sugar Mills & Distillery Company Limited has reported a wider loss for the financial year ended September 30, 2025, despite a strong increase in sales. The company announced the results after its board approved the financial statements on Monday. According to the report, Premier Sugar Mills posted a loss after taxation of Rs. 589.94 […]
Saritow Spinning Mills Approves Rs. 419 Million Bid for Sale of Plant and Machinery
Saritow Spinning Mills Limited has approved the highest bid of Rs419 million for the sale of its plant and machinery, the company said in a disclosure filed with the Pakistan Stock Exchange (PSX). According to the disclosure, the decision was taken during a meeting of the company’s board of directors held on January 5, 2026. […]