Business
Govt Move Aims to Boost Export Competitiveness as New SRO Brings Cost Relief
The federal government has issued a statutory regulatory order to eliminate the 0.25 percent customs duty previously charged under the Export Development Surcharge, a decision expected to deliver meaningful financial relief to Pakistan’s struggling export sector. The surcharge, originally introduced…
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ECC Approves Rs. 659.6 Billion Guarantee to Settle IPP Dues
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In a major move to ease financial strain in the power sector, the Economic Coordination Committee (ECC) has approved a government guarantee of Rs. 659.6…
Registrar Admits Error in HASCOL–Mena Energy $9.5m Case
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In a rare administrative slip-up, the Sindh High Court’s Registrar Office has acknowledged an oversight that unintentionally revived an eight-year-old $9.5 million dispute between Hascol…
FBR Recovers Rs840 Million from Lahore-Based Leather Firm Over Tax Evasion
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The Federal Board of Revenue (FBR) has successfully recovered Rs840 million from ATS Synthetics, a prominent Lahore-based leather manufacturing company, after freezing its bank accounts…
Rupee Strengthens for 32nd Straight Day Against US Dollar
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The Pakistani rupee (PKR) maintained its upward trajectory on Friday, appreciating for the 32nd consecutive day against the US dollar (USD). It gained three paisas…
Remittances from Overseas Pakistanis Surge to $3.4 Billion in October 2025
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Pakistan’s economy received a strong boost in October 2025 as remittances from overseas Pakistanis surged to $3.4 billion, marking an 11.9% year-on-year increase, according to…
FBR Reports Major Rise in Tax Collection from Sugar and Cement Sectors
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The Federal Board of Revenue has reported a significant jump in tax receipts from the sugar and cement sectors, stating that improved oversight tools such…
Pakistan and Bangladesh Launch Direct Shipping Link to Boost Trade
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Pakistan and Bangladesh have introduced a new direct shipping link between Karachi and Chittagong, significantly reducing delivery times and enhancing trade efficiency. In a major…
National Savings Profit Rates Revised
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The federal government has revised National Savings profit rates, with the updated returns becoming effective from November 4. According to data shared by equity brokerage…
Pace Pakistan Finalizes Sale of Stake in Pace Super Mall
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Pace (Pakistan) Limited has confirmed that it has completed the sale of its entire 56.79 percent shareholding in Pace Super Mall Private Limited to First…
SBP Launches Online Portal for Investing in Government Securities
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The State Bank of Pakistan (SBP) on Thursday introduced a new digital portal that provides another online channel for individuals and businesses to invest in…
Gold and Silver Prices in Pakistan Today, 7th November, 2025
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Gold and Silver prices in Pakistan fluctuate frequently based on international market trends. The rates listed here are provided by local gold markets and Sarafa…
SBP Reserves Rise Again, Cross $14.5 Billion Mark
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Pakistan’s foreign exchange reserves have continued to strengthen, with the State Bank of Pakistan (SBP) reporting another weekly gain, pushing its total reserves above $14.5…
Rupee Extends Winning Streak to 31 Days Against US Dollar After Trump’s Remarks
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The Pakistani Rupee (PKR) continued its upward trend for the 31st consecutive day, closing in green against the US Dollar (USD) on Thursday amid renewed…
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