The global box office closed out 2024 with a bang, reaching $30 billion for the year, boosted by $3 billion in December alone, according to U.K.-based film industry research firm Gower Street Analytics. December proved to be a busy month, with the international (excluding China) and North American markets bringing in a combined $2.67 billion. … Read more
In a move that makes some progress towards tackling rising circular debt in Pakistan’s gas sector, the Oil and Gas Regulatory Authority (OGRA) has approved significant price increases for the country’s two major gas distribution companies. The decision, announced on December 18, 2024, allows Sui Northern Gas Pipelines (SNGP) and Sui Southern Gas Company (SSGC) … Read more
Islamabad: The National Electric Power Regulatory Authority (NEPRA) on Tuesday concluded the public hearing on K-Electric’s (KE) application to write off Rs68 billion of non-recoverable dues accumulated over seven years, from FY17 to FY23. These claims, which were presented as crucial to KE’s financial sustainability, drew sharp criticism from consumers in Karachi, who expressed concerns … Read more