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Chinese lenders agree on daily SOFR | The Express Tribune

ISLAMABAD: Chinese lenders to the independent power producers (IPPs) have refused to accept the Term “Secured Overnight Financing Rate” (SOFR)…

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Business

How much did power companies cost the national exchequer in just one year? | The Express Tribune

Listen to article KARACHI: Pakistan’s power distribution companies (DISCOs) have inflicted a staggering loss of over Rs196 billion on the national exchequer…

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Business

PM ensures undisturbed power for Karachi | The Express Tribune

ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar assured on Monday that the government, in collaboration with K-Electric (KE), is committed…

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Business

Ministries violate cabinet directive | The Express Tribune

ISLAMABAD: The interim government has violated a decision of the federal cabinet, failing to recover approximately Rs95 billion from publicly-owned…

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