KARACHI — Service Long March (SLM) Tyres, Pakistan’s first domestic manufacturer of all-steel radial tyres, is set for a major Initial Public Offering (IPO). Operating from a 50-acre facility in Sindh, SLM has captured 43% of the domestic radial market and recently expanded exports to the US and Brazil. Investors are closely watching this listing […]
LAHORE — Energy Minister Awais Leghari has announced that Pakistan will no longer set up new imported fuel-based Independent Power Producers (IPPs). Instead, the government is prioritizing a mass shift to Advanced Metering Infrastructure (AMI) for 10 million consumers and encouraging heavy investment in Battery Energy Storage Systems (BESS). This shift aims to capitalize on
ISLAMABAD — Finance Minister Muhammad Aurangzeb met with US Assistant Secretary S. Paul Kapur to discuss deepening economic ties. The meeting focused on accelerating Pakistan’s digital finance, technology, and energy sectors through transparent and predictable reforms. US officials acknowledged Pakistan’s stabilization efforts and expressed strong interest from American firms in long-term infrastructure and technology projects.
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