Business
Govt Sets 3-Year Target to Clear Rs. 3.6 Trillion Gas Debt
Government Announces Another Increase in Petrol and Diesel Prices
The federal government has announced another increase in the prices of petrol and high-speed diesel (HSD), with the new rates taking effect amid continued daily…
SECP Speeds Up Corporate Bank Account Opening for New Companies
Newly incorporated companies in Pakistan will now be able to open corporate bank accounts more quickly after the Securities and Exchange Commission of Pakistan (SECP)…
Pakistan Stocks Slide as KSE-100 Loses Nearly 1,000 Points
The Pakistan Stock Exchange (PSX) came under strong selling pressure on Tuesday as rising tensions in the Middle East weighed on investor sentiment. The benchmark…
Pakistan Better Positioned to Handle Middle East War Impact: Moody’s
Pakistan is in a stronger position to withstand the economic impact of the ongoing Middle East war than it was during the 2022 oil shock,…
SBP Likely to Keep Interest Rate at 11.5%
The State Bank of Pakistan (SBP) is expected to maintain its policy rate at 11.5% at its upcoming Monetary Policy Committee (MPC) meeting on September…
FBR Redraws Enforcement Map to Crack Down on Illicit Money Flows
The Federal Board of Revenue (FBR) has overhauled how it monitors non-financial businesses and professions for money laundering and terrorism financing risks, amending its 2020…
Pakistan-Gulf Trade Deficit Falls 46% in July
Pakistan’s trade deficit with six Gulf countries declined by 46% in July 2026, mainly due to a sharp reduction in imports from the region. According…
Pakistan Seeks Japanese Investment in Mining Sector
Pakistan’s Special Investment Facilitation Council (SIFC) has engaged Japanese business giant Sumitomo Corporation to explore investment opportunities in the country’s mining and minerals sector. The…
Balochistan Cuts Sales Tax to Three Percent for IT and Service Exporters
The Balochistan Revenue Authority (BRA) has fixed a reduced sales tax rate of three percent for exporters of IT and other services who operate from…
Gold and Silver Prices Increase as Market Opens 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…
FBR Sets Deadlines to Clear Backlog of Deferred Sales Tax Refunds
The Federal Board of Revenue (FBR) has introduced stage-wise timelines for processing deferred sales tax refund claims under the FASTER system, directing field formations to…
Industrial Consumers to Get Direct Electricity Purchase Option
Pakistan has taken a major step toward establishing a competitive electricity market after the National Electric Power Regulatory Authority (NEPRA) determined the Use of System…