Business
NBP and Commercial Banks Extend Hours on November 29 for Tax Collections
The government has directed commercial banks to remain open this Saturday, November 29, 2025, to facilitate over-the-counter payment of duties and taxes. All Saturday-opening branches, including NBP branches handling customs collections, will operate from 9:00 A.M. to 5:00 P.M. Designated…
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Govt Proposes New Bankruptcy Law with One-Year Grace Period
The government has introduced a new bankruptcy law under the recently approved Industrial Policy, offering debtors a one-year grace period to meet repayment obligations. The…
NEPRA Hints at Further Cut in Electricity Prices
Electricity prices in Pakistan are expected to fall once again, as the National Electric Power Regulatory Authority (NEPRA) reviews a request from the Central Power…
Islamabad Airport Management to Be Handed Over to UAE
The federal cabinet has approved a plan to transfer Islamabad Airport management to the United Arab Emirates (UAE) under a government-to-government (G2G) arrangement. The decision…
Toyota Indus Profitability Jumps to Rs23 Billion in FY2025
Toyota Indus profitability showed strong growth in the fiscal year ending June 30, 2025, with the company posting a net profit after taxation of Rs23.01…
Pakistan’s Foreign Reserves Rise to $19.6 Billion
Pakistan’s total liquid foreign exchange reserves increased by USD 47 million during the week ending August 22, 2025, bringing the country’s total reserves to USD…
PTCL Group Posts 16% Revenue Growth in H1 2025
PTCL Group has announced its financial results for the half year ended June 30, 2025, recording 16% year-on-year revenue growth. The performance was driven by…
CCP Clears 117 Merger Applications in Pakistan
The Competition Commission of Pakistan (CCP) has processed 117 pre-merger applications since August 2023, including 116 Phase-I approvals and one Phase-II order. The clearances reflect…
CCP Imposes over Rs. 1 Billion in Penalties Since August 2023
The Senate Standing Committee on Finance and Revenue on Monday reviewed the performance of the Competition Commission of Pakistan (CCP), with the regulator reporting penalties…
CCP Grants 85 Exemption Certificates to Key Industries in Pakistan
The Competition Commission of Pakistan (CCP) has cleared its backlog of applications and granted 85 exemption certificates across multiple sectors since August 2023. According to…
SECP Clarifies Senate Panel’s Objections on AGP’s Irregularities Claim
The Auditor General of Pakistan (AGP)’s recent report highlighting Rs 267 million in irregular pay and allowances at the Securities and Exchange Commission of Pakistan…
Petrol Price Likely to Rise Next Month
The petrol price is expected to see another increase from September 1 as international crude oil markets continue to move upward. According to reports, the…
ECC Authorises Funds to Secure Worker Dues in Utility Stores Closure
The Economic Coordination Committee (ECC) of the Cabinet chaired by the Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb approved a technical supplementary grant…
SECP Issues NBFC Permits to Expand Digital Lending and FDI
The Securities and Exchange Commission of Pakistan (SECP) issued an Investment Finance Services licence to Foremost Financial Services Pvt Ltd to operate as a Non-Banking…
