Business
PTCL Stock Poised for 58% Surge Following Telenor Merger
Pakistan Telecommunication Company Ltd (PTCL) is gearing up for a major rally. A new brokerage report from Chase Securities projects the telecom giant will hit a target price of Rs. 62 per share within the next 12 months. This represents…
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SBP Directs Banks to Equip 25% Branches with CDMs by 2028
2 min read
The State Bank of Pakistan (SBP) has ordered all banks and microfinance banks (MFBs) to ensure that at least 25 percent of their branch network…
CPEC 2.0: Pakistan, China to Launch Five New Corridors
2 min read
Pakistan and China have agreed to fast-track the next phase of the China-Pakistan Economic Corridor (CPEC 2.0) by launching five additional corridors, further strengthening their…
SBP Reserves Increase by $28 Million, Hit $14.30 Billion
2 min read
Pakistan’s foreign exchange reserves witnessed a slight improvement this week, as the State Bank of Pakistan (SBP) reserves increased by $28 million, reaching $14.30 billion…
Saudi Investors Seek Joint Ventures with Pakistani Snack Makers
2 min read
Saudi Investors are showing strong interest in joint ventures with Pakistani snack makers as a delegation tours Jeddah, the delegation lead told visiting hosts. The…
Pakistan Govt Moves Ahead with Utility Stores Asset Sale in FY26
5 min read
The federal government has decided to sell and dispose of Utility Stores Corporation (USC) assets within the current financial year. Officials said proceeds will help…
National Assembly Sends Back Audit Reports to AGP Over Procedure Violations
3 min read
The National Assembly has formally returned all 2024-25 audit reports prepared by the Auditor General of Pakistan (AGP) after finding serious procedural violations in how…
Gold Prices Soar to Historic Highs in Pakistan and Abroad
2 min read
Gold prices surged to record-breaking levels on Wednesday, setting new peaks in both international and domestic markets. In the global bullion market, the precious metal…
Govt Plans Amendments to PERA to Boost Industrial Investment
2 min read
The federal government is planning significant amendments to the Protection of Economic Reform Act (PERA) 1992 to provide stronger protection for foreign exchange remitted from…
Cement Sales in August 2025 Rise Over 10%
2 min read
Cement sales in August 2025 recorded a year-on-year increase of 10.33 percent, driven by rising construction activity and stronger export volumes. According to data from…
KP Aasan Karobar Bill 2025 Passed to Simplify Business Registration
2 min read
The Khyber Pakhtunkhwa Assembly has approved the Aasan Karobar Bill 2025, aimed at making business registration and licensing easier through a single online portal. On…
SBP Cancels Money Masters Currency Exchange License
2 min read
The State Bank of Pakistan (SBP) has cancelled the authorization and operating license of Money Masters Currency Exchange Company (Pvt.) Limited with immediate effect, following…
SECP Issues New Rules for Digital Asset Management Services
2 min read
The Securities and Exchange Commission of Pakistan (SECP) has introduced new rules for Digital Asset Management Services (DAMS) to regulate Digital Asset Management Companies (Digital…
Pakistan’s Trade Deficit Hits $2.9bn in August 2025
2 min read
Pakistan’s economy faces fresh pressure as the trade deficit widened sharply in August 2025, raising concerns over foreign exchange reserves and economic stability. The latest…
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