Category: Popular News

PM Shehbaz Vows Rapid Reforms, Taps World Bank and IMF for Economic Growth

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New-IMF1

ISLAMABAD — Prime Minister Shehbaz Sharif on Thursday reaffirmed his government’s commitment to fast-tracking institutional reforms and sustaining macroeconomic stability, as talks with the International Monetary Fund (IMF) near conclusion on Pakistan’s upcoming fiscal budget. During a meeting with IMF Regional Director Jihad Azour, PM Shehbaz declared that Pakistan was transitioning from recovery to sustained economic growth. “By the grace of Allah, Pakistan is now moving from economic stability towards sustainable growth,” he stated. The discussions are part of final negotiations under the IMF’s \$7 billion Extended Fund Facility. Talks…

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Thailand Accelerates Green Transition with ASEAN Wind & Biomass Energy Expo 2026

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ASEAN-2025

Bangkok, Thailand | March 25–27, 2026 — Thailand is set to host a pivotal clean energy event, the *ASEAN Wind & Biomass Energy Expo 2026, at the IMPACT Exhibition Centre, Bangkok. Scheduled for *March 25–27, 2026, this high-impact expo underscores Thailand’s commitment to a carbon-neutral future by 2050 and net-zero emissions by 2065, as outlined in its National Energy Plan. Building on the success of the 2025 edition—which featured over 400 global exhibitors and welcomed 16,000+ professionals from 80+ countries—the 2026 expo promises to be even more dynamic. The event…

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LONGi Powers Peru’s Renewable Vision with BC Technology , Showcasing Global Synergy for Local ImpactCross-Continental Collaboration with Yinson Renewables Marks Milestone for Back Contact Technology Adoption

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longi-Project

LONGi – LONGi, the world’s leading solar technology innovator, has partnered with global energy leader Yinson Renewables to supply 53.2MW of Hi-MO 9 modules for the Sol de Verano 1 Solar Project, near Majes in Peru. This landmark collaboration highlights LONGi’s ability to unite global expertise with localized solutions, reinforcing back contact (BC) technology as a preferred choice for utility-scale solar projects worldwide.The Sol de Verano 1 project is the first phase of Yinson Renewables’ ground-mounted solar plant in Peru and will deploy 82,836 Hi-MO 9 high efficiency modules to…

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IMF Yet to Approve Pakistan’s Budget Relief Proposals Amid Revenue Concerns

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pak-imf

ISLAMABAD: The International Monetary Fund (IMF) has not yet taken a final stance on Pakistan’s request for budgetary relief, as it continues to push for concrete steps to broaden the tax base—particularly in agriculture income and the retail sector. Government officials, under the direction of Prime Minister Shehbaz Sharif, have held extensive discussions with the IMF mission since May 14. A key relief proposal includes a 2.5% across-the-board reduction in income tax rates for salaried individuals. However, the IMF’s approval hinges on Pakistan’s ability to meet the programme’s target of…

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Consumers Face Higher Bills as Discos Propose Rs1.27 per Unit Fuel Cost Hike

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Petroleum-Sector

ISLAMABAD: Electricity consumers are likely to face a fresh financial burden as distribution companies (Discos) have requested a Rs1.27 per unit increase in Fuel Cost Adjustment (FCA) for April 2025, following a 22% surge in power consumption compared to April last year. If approved by the National Electric Power Regulatory Authority (Nepra), this adjustment will translate into an additional Rs13 billion in billing for June. The increase comes after eight consecutive months of negative adjustments and follows a 20% base tariff hike effective from July 1, 2024. According to the…

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