SECP Issues New Rules for Digital Asset Management Services

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has introduced new rules for Digital Asset Management Services (DAMS) to regulate Digital Asset Management Companies (Digital…

Pakistan’s Trade Deficit Hits $2.9bn in August 2025

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s economy faces fresh pressure as the trade deficit widened sharply in August 2025, raising concerns over foreign exchange reserves and economic stability. The latest…

Deutsche Bank Announces New CCO in Pakistan

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Deutsche Bank has appointed Syed Ali Haider Zaidi as its new Chief Country Officer (CCO) in Pakistan, replacing Kamran Zaidi, who will be moving into…

ECC Approves Dollar-Based Returns for White Oil Pipeline Project

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The federal government has approved a dollar-based guaranteed return for the transportation of petroleum products through the Machike-Thallian-Tarujabba White Oil Pipeline, a 477-kilometer project costing…

PIA Privatisation Expected by November

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

A parliamentary committee was informed on Monday that PIA privatisation is expected to be completed by November this year, with four companies currently in the…

KSE-100 Index Nears 150,000 Amid Strong Market Momentum

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Pakistan Stock Exchange (PSX) witnessed a remarkable surge on Monday as the KSE-100 Index came close to crossing the historic 150,000 mark, reflecting renewed…

Pakistan’s Inflation Drops to 3% in August 2025

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s inflation showed signs of easing in August 2025, providing relief to consumers amid rising cost-of-living concerns. According to the Pakistan Bureau of Statistics (PBS),…

World Bank Authorizes Changes to PRIDE Program Financing

By Salman Akhtar ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The World Bank has approved a restructuring of the Punjab Resource Improvement and Digital Effectiveness (PRIDE) program worth US$304 million. The Bank approved the cancellation…

Sazgar Engineering Profitability Doubles in FY25

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Sazgar Engineering Works Limited (SAZEW) profitability recorded a sharp improvement in FY25, with the company achieving major growth across revenue, profit, and investor returns compared…

Pakistan Cuts Rs2.6 Trillion in Public Debt Before Maturity

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan has cut Rs2.6 trillion in public debt before its maturity, Advisor to the Finance Minister Khurram Schehzad confirmed on Sunday. In a statement on…

Govt Announces EOBI Pension Increase for 500,000 Pensioners

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The government has announced an EOBI pension increase that will benefit around 500,000 pensioners, with enhanced pensions and arrears scheduled to be disbursed on September…

President Approves Pakistan Land Port Authority Bill 2025

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

After earlier discussions on strengthening regional trade, President Asif Ali Zardari officially signed the Pakistan Land Port Authority Bill 2025 into law on Saturday. The…

banks

Pakistani Banks Post Record Rs326bn Profit in H1 2025

By Sabica Tahira ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s banking sector has achieved an unprecedented milestone, posting the highest-ever half-year profit in history with a staggering Rs326 billion ($1.16 billion) net earnings during…

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