Business
Pakistan to Privatise 82% Stake in First Women Bank
The government of Pakistan is set to privatise its 82.64% stake in First Women Bank Limited (FWBL), transferring majority ownership to UAE-based International Holding Company…
Pakistan to Introduce New Licensing Policy for Business Chambers
The Government of Pakistan is preparing to launch a new licensing policy for bilateral business chambers, designed to strengthen transparency, accountability, and foreign trade partnerships.…
Saudi Trade Delegation Explores New Investment Avenues in Pakistan
A high-level Saudi trade delegation led by Prince Mansour bin Mohammed Al Saud attended the Saudi-Pakistan Joint Business Council Meeting held in Islamabad on Wednesday.…
IMF Agrees to Revise Pakistan’s Tax Collection Target for FY2025
The International Monetary Fund (IMF) has agreed in principle to reduce Pakistan’s tax collection target for the ongoing fiscal year by Rs160 billion. Under the…
KSB to Build Major Engineering Factory in Pakistan
German industrial powerhouse KSB has announced plans to set up a major manufacturing facility in Pakistan, marking a significant step in deepening economic cooperation between…
Provinces Get 24 Hours to Meet IMF Fiscal Targets
The federal government has directed all provinces to urgently report progress on pending International Monetary Fund (IMF) targets within 24 hours, after delays threatened Pakistan’s…
Pakistan Business Council Urges FBR to Fix Tax Credit Error in IRIS System for Tax Year 2025
The Pakistan Business Council (PBC) has raised concerns over a major technical error in the Federal Board of Revenue’s (FBR) IRIS system, which has affected…
Pakistani Banks Outshine Asia-Pacific Rivals in Q3 2025
Pakistani banks made headlines this quarter. They outperformed some of Asia-Pacific’s largest financial institutions, posting record-breaking stock returns during Q3 2025. Their rise coincided with…
Rs 750 Prize Bond Draw Date Announced for October 2025
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
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…
Foreign Investors Urges FBR to Clear Rs96.6bn in Pending Tax Refunds
The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the Federal Board of Revenue (FBR) to expedite the settlement of long-pending tax refund…
Sindh Extends Agricultural Income Tax Return Deadline
The Sindh Revenue Board (SRB) has extended the Agricultural Income Tax return filing deadline to October 31, following the approval of the provincial government. The…