Pakistan’s SOEs Record Massive PKR 851 Billion Loss in FY24
Loss making State-Owned-Enterprises (SOEs) in Pakistan recorded an aggregate loss of PKR 851 billion ($3.04 billion) for FY24, a 14.03% decrease from the previous year.According to the Aggregate Annual Report for FY24 released by Pakistan's Ministry of Finance, federal SOEs reported gross revenues of PKR 13,524 billion, a 5.2% increase…
Pakistan’s $36 Billion Logistics Loss: Urgent Call for Digital Transformation
Pakistan’s logistics industry is losing approximately $36 billion annually and shedding 2 to 3 million jobs due to reliance on offline trade, experts revealed at the Pakistan Logistics and Shipping Summit 2025 on Thursday.The event, held in Karachi, brought together industry leaders, government officials, and private-sector innovators to address the…
Pakistan’s SOEs Record Massive PKR 851 Billion Loss in FY24
Loss making State-Owned-Enterprises (SOEs) in Pakistan recorded an aggregate loss of PKR 851 billion ($3.04 billion) for FY24, a 14.03% decrease from the previous year.According to the Aggregate Annual Report for FY24 released by Pakistan's Ministry of Finance, federal SOEs reported gross revenues of PKR 13,524 billion, a 5.2% increase…
Pakistan’s $36 Billion Logistics Loss: Urgent Call for Digital Transformation
Pakistan’s logistics industry is losing approximately $36 billion annually and shedding 2 to 3 million jobs due to reliance on offline trade, experts revealed at the Pakistan Logistics and Shipping Summit 2025 on Thursday.The event, held in Karachi, brought together industry leaders, government officials, and private-sector innovators to address the…