Business
Banks to Cover Remittance Transfer Costs as SBP Ends Incentive
The State Bank of Pakistan (SBP) has discontinued the Telegraphic Transfer Charges Incentive Scheme (TTCIS), which reimbursed banks for charges on remittances of workers, effective…
Gold and Silver Prices in Pakistan Today, 2nd July, 2026
Recent geopolitical tensions in the Middle East have resulted in above-average price volatility for gold and silver. Typically, the prices of gold and silver in…
Lucky Cement Increases Karachi Plant Capacity by 300,000 Tons Annually
Lucky Cement Limited has successfully completed and commissioned a Process Optimization and Capacity Enhancement Project at its Karachi manufacturing facility, increasing the plant’s annual cement…
Blind Fraud Victim Gets Rs19.2 Million Back, IHC Orders Car Handover
The Islamabad High Court (IHC) has ordered that two vehicles belonging to a convicted bank manager be handed over to a visually impaired woman after…
PTCL Finalizes Telenor Acquisition: Share Prices Skyrocket as Ufone 5G Absorbs Telenor Pakistan
The massive two-and-a-half-year regulatory journey is officially over. Today, July 1, 2026, Pakistan Telecommunication Company Limited (PTCL) and Ufone 4G successfully completed the integration of…
SECP Introduces ESG Mutual Funds Framework to Promote Sustainable Investment
The Securities and Exchange Commission of Pakistan (SECP) has introduced the country’s first Environmental, Social, and Governance (ESG) Mutual Funds Framework, enabling asset management companies…
Pakistan LNG Limited Seeks Emergency LNG Cargo for July Delivery
Pakistan LNG Limited (PLL) has issued a fresh international tender to procure one liquefied natural gas (LNG) cargo for delivery on July 10–11, as the…
OICCI Member Companies Invest Rs. 15.33 Billion in CSR Initiatives Across Pakistan
Member companies of the Overseas Investors Chamber of Commerce and Industry (OICCI) invested Rs. 15.33 billion in corporate social responsibility (CSR) initiatives during fiscal year…
Pakistan Ends FY26 With Higher Inflation as Average CPI Rises to 7.05%
Pakistan concluded fiscal year 2025-26 (FY26) with a higher average inflation rate than the previous year, despite a slight easing in monthly price pressures in…
Rs 750 Prize Bond Draw Date Announced for July 2026
The National Savings Centre has announced the date for the Rs 750 Prize Bond Draw #107. The draw will take place in Lahore on July…
World Bank Demands Urgent Overhaul of Pakistan’s NFC & Tax Systems
Pakistan must drastically reform how it distributes public resources across its federal, provincial, and local governments. Consequently, failing to act will threaten macroeconomic stability and…
World Bank Approves $70 Million for Connected Punjab Digital Program
The World Bank (WB) has approved $70 million in financing for the Connected Punjab Program, aimed at expanding broadband internet access, improving digital public services,…
