Finance
Metro Bus and Orange Line Travel To Cost More in Punjab
Travel on the Metro Bus and Orange Line will now cost more after the Punjab Mass Transit System increased the price of its T-Cash card, local media reports said. The provincial transport department added a delivery fee of Rs130 to…
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Petrol Prices Likely to Increase Again
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Petrol prices in Pakistan are likely to go up once again from October 1, as reports suggest a fresh hike in the rates of petroleum…
Port Qasim Gains 9th Spot in World Bank Rankings
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Port Qasim has secured the 9th spot in the World Bank rankings of most improved container ports, marking a significant milestone for Pakistan’s maritime reforms…
Pakistan Eyes $750 Million in First Panda Bond Financing
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Pakistan is preparing to secure about $750 million in the coming weeks through a mix of commercial borrowing and the issuance of its first-ever Panda…
PIA Audit Reveals Rs9.43bn Loss from Free and Discounted Tickets
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An Auditor General of Pakistan (AGP) audit report has revealed that Pakistan International Airlines (PIA) caused a loss of Rs9.43 billion to the national exchequer…
Govt Moves Ahead with Reforms to Cut Power Costs
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The federal government has taken a major step forward in its power sector reforms by introducing measures designed to cut power costs for consumers. As…
Standard Chartered Reports 23% Earnings Decline in H1 2025
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Standard Chartered (Pakistan) has reported a 23% drop in profit after tax for the first half of calendar year 2025, as lower domestic interest rates…
AGP Retracts Rs 375 Trillion Audit Report, Cites Typos
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In a surprising U-turn, the Auditor General of Pakistan (AGP) has withdrawn its earlier bombshell report that claimed irregularities of Rs. 375 trillion in federal…
SBP Maintains Policy Rate at 11%
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The State Bank of Pakistan (SBP) has announced its decision to keep the benchmark policy rate unchanged at 11% following the Monetary Policy Committee (MPC)…
Faceless Customs System Causes Rs100bn Loss in Three Months
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The Faceless Customs Assessment (FCA) system, launched by Prime Minister Shehbaz Sharif in Karachi last year to combat corruption, has caused a staggering Rs100 billion…
Floods Fuel Inflation as SBP Expected to Hold Rate
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Pakistan is expected to hold its policy rate as floods push food prices higher and complicate monetary decisions. A Reuters poll of 14 analysts showed…
FBR Introduces Whistleblowing System to Track Tax Evasion, Reward Tips
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The Federal Board of Revenue (FBR) is launching a whistleblowing system to find tax evasion and to reward successful reporters. The system will allow citizens…
SECP Draft Actuarial Valuation Rules 2025 Released
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The Securities and Exchange Commission of Pakistan (SECP) has released the draft Actuarial Valuation Rules, 2025 for public feedback, marking a key step to strengthen…
Pakistan Launches Trial of National Digital Currency
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The State Bank of Pakistan (SBP) has officially started the trial phase of its central bank digital currency (CBDC), marking a significant step toward modernizing…
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