Karachi, January 23, 2025 – Pakistan Petroleum Limited (PPL) has announced a remarkable increase in gas production at the Shandad X-1 well, located in the Gambat South Block.
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Starlink Can Launch Services After Security Clearance: PTA
ISLAMABAD: Starlink Internet Services (Private) Ltd must secure security clearance before obtaining licenses and launching its operations in Pakistan, according to Major General Hafeez ur Rehman (retired), Chairman of the Pakistan Telecommunication Authority (PTA).
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Pakistan Imports Mobile Phones Worth Rs 204 Billion in 1HFY25
Karachi, January 20, 2025 – Pakistan mobile phone imports reached a substantial Rs 204 billion during the first half of the fiscal year 2024-25, underscoring the nation’s continued demand for smartphones despite economic pressures.
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OGDCL Reports Major Advancements in Oil and Gas Production
Karachi, January 20, 2025 – The Oil and Gas Development Company Limited (OGDCL) has announced significant advancements in oil and gas production from two of its key wells, signaling a positive development for Pakistan’s energy sector.
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Pakistan Urgently Needs Ban Cigarettes Amid Health Crisis
Islamabad – Pakistan is grappling with a severe public health emergency, with increasing calls to impose a comprehensive ban on smoking cigarettes. The health toll from tobacco use is catastrophic, with the country recording the highest rate of smoking-related deaths in South Asia, surpassing even the global average.
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PM Shehbaz Orders Modern Cargo Scanners to Curb Smuggling
Islamabad, January 17, 2025 — Prime Minister Muhammad Shehbaz Sharif has instructed authorities to deploy state-of-the-art cargo scanning systems at Karachi and other major trading hubs across Pakistan to combat smuggling and enhance trade monitoring.
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SBP Reports 20% Surge in Foreign Direct Investment in 1HFY25
Karachi, January 17, 2025 – The State Bank of Pakistan (SBP) announced on Friday a significant 20% increase in foreign direct investment (FDI) for the first half (July–December) of the fiscal year 2024-25, highlighting a positive shift in the country’s investment landscape.
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Pakistan Celebrates Historic $1.21 Billion CA Surplus in 1HFY25
Karachi, January 17, 2025 – Pakistan has reached a remarkable milestone, posting a record $1.21 billion current account (CA) surplus for the first half of fiscal year 2024-25 (January – December 2024), according to the State Bank of Pakistan (SBP). This achievement marks a significant turnaround from the $1.40 billion deficit recorded during the same period in the previous fiscal year.
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Electricity Tariff Cut for EVs to Encourage Investors: PM Shehbaz
Islamabad, January 15, 2025 – Prime Minister Muhammad Shehbaz Sharif on Wednesday hailed the significant reduction of Rs30 per unit in electricity tariffs for electric vehicles (EVs) as a transformative step to boost the adoption of emission-free, eco-friendly vehicles in Pakistan.
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OGDCL Commences Production from Kharo-1 Well in Sindh
Karachi, January 15, 2025 – Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has officially commenced production from its exploratory well, Kharo-1.
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