Abdul Wahid Sethi Appointed Acting NBP President and CEO
The government has appointed National Bank of Pakistan (NBP) Chief Financial Officer Abdul Wahid Sethi as the acting President and Chief Executive Officer of the…
Govt Seeks Global Expansion of Pakistani Halal Businesses
The government has called for Pakistani halal businesses to expand into international markets by focusing on specific products, industries and countries where local companies can…
Gold & Silver Prices Continue to Climb Strongly Today
Stalled US-Iran negotiations currently ignite massive volatility in precious metals. President Trump recently demanded historical conflict compensation from Tehran. This demand effectively freezes ongoing peace…
SBP Reserves Gain $25 Million to Reach $17.08 Billion
Pakistan’s foreign exchange reserves recorded a modest increase during the week ended August 13, 2026, according to the State Bank of Pakistan (SBP). The SBP…
JDW Sugar Mills Joins Consortium for FESCO Privatisation
JDW Sugar Mills Limited (PSX: JDWS) has joined a consortium led by Pakgen Limited to participate in the privatisation process of Faisalabad Electric Supply Company…
Govt Officials’ Fuel Bill Rises 190% to Rs. 21.77 Billion
The federal government’s fuel expenditure has increased by around 190% in five years, rising from Rs. 7.52 billion in fiscal year 2020-21 to Rs. 21.77…
PSX Swings 2,135 Points as KSE-100 Ends Volatile Session
The Pakistan Stock Exchange (PSX) witnessed a highly volatile trading session on Thursday, with the KSE-100 Index moving within a range of 2,134.81 points as…
RLNG Power Generation Cost Hits Record Rs. 47.4 Per Unit
The cost of generating electricity from regasified liquefied natural gas (RLNG) reached an all-time high of Rs. 47.4 per unit in July 2026, according to…
Transporters Announce 10% Cut in Freight Charges
Pakistan’s goods transport sector has announced a 10% reduction in freight charges following a major cut in the price of high-speed diesel (HSD). President of…
Govt Uses New Financing Structure to Raise Up to $100 Million Against Future Dollar Payments
Pakistan has introduced a new financing mechanism to raise foreign currency by leveraging future dollar payment flows, with the initial transaction expected to provide up…
Govt Raises Rs. 144 Billion Through PSX Sukuk Auction
The Ministry of Finance has raised Rs. 144.153 billion through the Government of Pakistan Hybrid Sukuk (GHS) auction conducted at the Pakistan Stock Exchange (PSX)…
Govt Considers Taxing Farmers to Satisfy IMF Programme Terms
The federal government is preparing a fixed agricultural income tax of up to Rs5,000 per acre as a backup plan should provinces fail to meet…

