Business
Pakistan Seeks Another Emergency LNG Cargo Amid Hormuz Disruptions
Arif Habib Consortium Secures 100 Percent Ownership of PIA
Arif Habib-led consortium has completed acquisition of all shares in Pakistan International Airlines (PIA), concluding the privatisation process of the federal government for the national…
Pakistan’s Military Expenditure Surges to $11.9 Billion in 2025 Amid Regional Conflict
Pakistan increased its military expenditure by 11% to reach $11.9 billion in 2025. The Stockholm International Peace Research Institute (SIPRI) revealed this data in its…
Pakistan to Launch $250 Million Panda Bond in May 2026
Finance Minister Muhammad Aurangzeb just announced a major financial strategy. Pakistan will launch a $250 million Panda bond this May. He shared this update today…
Fauji Foods Q1CY26 Profit Declines 10% Despite Higher Revenue
Fauji Foods Limited reported a 10 percent decline in consolidated net profit for the first quarter ended March 31, 2026, as rising operating expenses and lower secondary income…
Australia Threatens Tech Giants With 2.25% Tax On News Content
The Australian government introduced strict draft laws today. These laws target tech giants like Meta, Google, and TikTok. Specifically, Australia will force these platforms to…
KIBOR Jumps Up to 99 Bps After SBP Hikes Policy Rate to 11.5%
Pakistan’s Karachi Interbank Offered Rate (KIBOR) surged across multiple tenors after the State Bank of Pakistanraised its policy rate by 100 basis points to 11.5 percent, signaling a shift…
First-Ever EU-Pakistan Business Forum Kicks Off in Islamabad
The European Union and the Government of Pakistan officially launched the first-ever High-Level EU-Pakistan Business Forum today in Islamabad. Consequently, this landmark two-day event marks…
Pakistan Power Circular Debt Rises Rs224 Billion to Rs1.84 Trillion
Pakistan’s power sector circular debt increased by Rs224 billion during the first eight months of the current fiscal year, reaching Rs1.837 trillion by February 2026, raising concerns over persistent…
Gold and Silver Prices in Pakistan Today, 28th April, 2026
Recent geopolitical tensions in the Middle East have resulted in above-average price volatility for gold and silver. Typically, the prices of gold and silver in…
Business Community Rejects SBP Interest Rate Hike, Warns of Industrial Crisis
The Federation of Pakistan Chambers of Commerce and Industry has strongly rejected the State Bank of Pakistandecision to raise the policy rate by 1 percent, warning the move could…
Business Leaders Back Mortgage Scheme, Seek Rs30m Loan Limit and Private Sector Role
Business leaders have welcomed the government’s new mortgage housing finance initiative, calling it a positive step for boosting home ownership and stimulating economic activity, while…
SBP Hikes Key Policy Rate to 11.5% Amid Surging Inflation
The State Bank of Pakistan (SBP) has officially raised its key interest rate to 11.5%. The Monetary Policy Committee (MPC) announced this 100 basis point…