Business
Audit Exposes Trillions in Unapproved Spending and Financial Irregularities
Federal Cabinet Postpones Approval of Controversial Solar Net Metering Policy
The federal government has made a significant policy shift by deciding to delay the approval of the controversial solar net metering policy. The decision, which…
Pakistan’s GDP Growth Rises to 1.73% in Q2 Amid Economic Adjustments
ISLAMABAD: Pakistan’s Gross Domestic Product (GDP) grew by 1.73% in the second quarter (Q2) of the fiscal year 2024-25, up from the revised 1.34% in…
Philip Morris Pakistan to Delist from PSX
KARACHI: Philip Morris (Pakistan) Limited has announced plans to voluntarily delist from the Pakistan Stock Exchange (PSX), following approval from its Board of Directors in…
Pakistan Secures IMF Staff-Level Agreement for $1.3 Billion Loan
ISLAMABAD: Pakistan has reached a staff-level agreement (SLA) with the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability…
NA Committee seeks urgent resolution as 1,000 containers remain stuck under Export Facilitation Scheme
Islamabad: The National Assembly Standing Committee on Commerce expressed concern over more than 1,000 containers stuck at the port due to changes in the Export…
SECP eZfile Portal to Enable Same-Day Corporate Bank Account Opening
ISLAMABAD: The SECP eZfile portal is set to introduce a same-day corporate bank account opening feature, streamlining business registration and banking access. The Securities and…
Net Metering Contracts Capped at 5 Years
ISLAMABAD: The government has introduced new regulations for net metering, capping contracts at five years and lowering the buyback rate for surplus electricity to Rs10…
Systems Limited Announces 5-for-1 Stock Split to Boost Market Liquidity
Systems Limited has announced a 5-for-1 stock split, reducing its share value from Rs10 to Rs2. The company’s Board of Directors approved the move, aligning…
Pakistan’s Digital Financial Services Expand, But Full Adoption Lags
ISLAMABAD: Digital financial services in Pakistan are expanding rapidly, but full adoption remains a challenge. While mobile banking, Raast, and fintech solutions have increased financial…
Fly Jinnah & Air Arabia Secure CCP Approval to Launch ‘Fly Jinnah T3 Flight Academy’ in Pakistan
Islamabad: The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited and Air Arabia Academy LLC. The two…
Roshan Digital Account Sees 8,653 New Openings in February 2025
KARACHI: The Roshan Digital Account (RDA) initiative continues to expand, with 8,653 new accounts registered in February 2025, according to a report by the State…
Stock Market Alert: PSX Cautions Against 4 Listed Firms
The Pakistan Stock Exchange (PSX) has raised concerns over four publicly listed companies for failing to meet financial obligations, issuing a Risk Warning Alert (RWA)…

