Business
Pakistan’s Textile Exports Fall for 3rd Straight Month in FY26
Pakistan’s textile and clothing exports continued to struggle in October 2025. The sector posted a 0.67% decline, marking the third straight month of negative growth. This drop highlights rising concerns about the country’s export performance and the persistent pressure on…
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FBR Implements New Password Policy; Here’s What You Need to Know
2 min read
The Federal Board of Revenue (FBR) has rolled out a revamped password policy to bolster the protection of taxpayers’ credentials against increasing cybersecurity threats. The…
PEL Buys $60M Assets from Kuwait Firm Leaving Pakistan
3 min read
ISLAMABAD: An official from the Ministry of Energy stated that a foreign company has initiated its withdrawal from Pakistan’s oil and gas sector by selling…
Greentree Holdings Ltd Aims for 35% Stake in TRG Pakistan
2 min read
AKD Securities, the manager of the offer, informed the main stock exchange on Monday that Greentree Holdings Limited had submitted a Public Announcement of Intention…
Digital Payment Share Reaches 87% of Total Retail Transactions; SBP Report
3 min read
Karachi: The State Bank of Pakistan (SBP) has reported a significant shift toward digital payments, with digital channels now processing the majority of retail transactions…
Meezan Bank Releases Cybersecurity Advisory Following Unauthorized Transaction Claims
2 min read
Meezan Bank has responded to recent reports of unauthorized transactions on its debit and credit cards, with several customers alleging third-party data breaches. The bank…
Pakistan’s Default Risk Drops 93% as CDS Spreads Hit Lowest Level in Years
2 min read
Pakistan’s sovereign default risk has significantly reduced by 93%, with 5-year CDS spreads dropping to 505 basis points in December 2024, down from a high…
Pakistan’s Economic Outlook 2024: Key Insights from the PSER Report
3 min read
The newly released Pakistan Startup Ecosystem Report (PSER) 2024 provides an in-depth analysis of the nation’s economic strategies, policy changes, and the outlook for the…
FBR to Impose Strict Restrictions on Non-Filers: Ban on Vehicle, Property Purchases, and Bank Transactions
2 min read
The government is set to implement stricter measures against non-filers, imposing a ban on several financial and property-related activities. Non-filers will be prohibited from purchasing…
Meezan Bank Refuses Data Breach, Links Unauthorized Transactions to Third-Party Platforms
2 min read
Meezan Bank has addressed concerns over unauthorized debit card transactions, compensating at least ten affected customers following reports of potential third-party data breaches. The bank…
Pakistan Stock Market Surges as 11 More Companies Cross Billion-Dollar Threshold
4 min read
The Pakistan Stock Exchange (PSX) has witnessed an exceptional rally recently, with the KSE-100 Index closing above 116,000 on Monday, December 16, 2024. This remarkable…
SBP Cuts Key Policy Rate by 200 Basis Points to 13% Amid Positive Economic Indicators
4 min read
ISLAMABAD: The State Bank of Pakistan (SBP) announced on Monday that it has decided to reduce its key policy rate by 200 basis points (bps),…
Mari Petroleum Emerges as PSX’s Top Company with Rs984bn Market Value
2 min read
Mari Petroleum has emerged as the Pakistan Stock Exchange’s (PSX) largest company by market capitalization, overtaking Oil & Gas Development Company (OGDC). The analyst Mohammad…
Paypal Coming to Pakistan Yet ‘Again’?
2 min read
The Federal Minister for Finance and Revenue, Muhammad Aurangzeb presided over a key Prime Minister’s Committee on IT Export Remittances session at the Finance Division.…
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