Finance
Fewer Than 700,000 Retailers in Pakistan Use Digital Payments
Pakistan’s drive toward a cashless economy faces hurdles as fewer than 700,000 retailers are currently connected to digital payment platforms. Despite government efforts, resistance from the retail sector slows the transition. Prime Minister Shehbaz Sharif has prioritized reducing cash usage…
Trending
Trending Topics
Rs 750 Prize Bond Draw Date Announced for October 2025
2 min read
The National Savings has confirmed that the Draw No. 104 for the Rs 750 Prize Bond will take place on Wednesday, October 15, 2025, at…
World Bank Projects 2.6% GDP Growth for Pakistan in FY2025-26
2 min read
The World Bank has projected Pakistan’s GDP growth at 2.6% for FY2025-26, citing ongoing catastrophic floods and renewed inflationary pressures as key challenges weighing on…
Punjab Approves Rs20,000 Per Acre Aid for Farmers Hit by Floods
2 min read
The Punjab government has approved Rs20,000 per acre aid for farmers to compensate for crop losses, according to an official statement issued on Saturday. The…
CCP Approves Systems Limited’s Acquisition of BAT SAA Services
2 min read
The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of SAA Services (Private) Limited by Systems Limited from the British American Tobacco International…
Trump Admin Ends Clean Energy Projects, Freezes Billions in New York
3 min read
The Trump administration has announced the termination of dozens of clean energy projects and frozen billions in funding for major New York infrastructure initiatives, escalating…
FM Aurangzeb Confirms Pakistan’s $500m Eurobond Repayment
2 min read
Finance Minister Muhammad Aurangzeb has confirmed that Pakistan successfully repaid its $500m Eurobond on September 30, reassuring investors of the country’s ability to meet future…
Finance Ministry Announces Timely Repayment of $500M Eurobond by Pakistan
2 min read
Pakistan has cleared a major financial milestone by repaying its $500 million Eurobond that matured on September 30, 2025. The Ministry of Finance confirmed the…
ADB Projects 3% GDP Growth for Pakistan in FY2026
3 min read
Pakistan’s improved macroeconomic conditions have boosted growth in fiscal year 2025, supported by investment inflows and policy reforms, the Asian Development Bank (ADB) said in…
Philip Morris Announces Voluntary Delisting from PSX
2 min read
Philip Morris has formally announced its voluntary delisting from the Pakistan Stock Exchange (PSX), following a strategic share buyback that concentrated nearly all ownership in…
Pakistanis Brace for Another Hike in Electricity Bills
2 min read
Electricity consumers across Pakistan should prepare for another increase in their October bills, as the National Electric Power Regulatory Authority (NEPRA) confirmed a fresh hike…
Artistic Denim Mills Posts Rs451 Million Loss in FY25
2 min read
Artistic Denim Mills Limited (ADM) has posted a net loss of Rs451 million for the year ended June 30, 2025, compared to a profit of…
Gul Ahmed Textile Mills Announces Closure of Export Apparel Segment
2 min read
Gul Ahmed Textile Mills Limited has officially announced the closure of its Export Apparel Segment following a strategic review of its performance. The decision, communicated…
SBP Directs Banks to Begin Phase II of Basel III Reforms
3 min read
The State Bank of Pakistan (SBP) has instructed commercial banks to initiate Phase II of Basel III reforms, aimed at addressing weaknesses in the pre-crisis…
Latest News
