Business

Over 300 Airblue Employees Fired Overnight in Abrupt Layoffs
SBP Introduces Digital Platform for All SME Financing Applications
The State Bank of Pakistan (SBP) on Thursday launched SMEConnect, a centralised digital platform for small and medium enterprises (SMEs) to apply for financing from…
LHC Rules FBR Orders Uploaded to IRIS Do Not Count as Legal Service
The Lahore High Court (LHC) has ruled that uploading an appellate order to the Federal Board of Revenue’s (FBR) Inland Revenue Information System (IRIS) does…
FBR Issues New Sales Tax Rules for Steel Manufacturers
The Federal Board of Revenue (FBR) has introduced a new procedure for the payment and adjustment of additional sales tax on electricity consumed by steel…
SBP Launches SMEConnect to Simplify Business Financing
The State Bank of Pakistan (SBP) has launched SMEConnect, a centralized digital platform designed to simplify access to financing for small and medium enterprises (SMEs)…
SBP Foreign Exchange Reserves Rise to $21.52 Billion
The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $33 million to $21.52 billion during the week ended October 23, 2026, marking the…
Pakistan’s Petrol Production Covers Only One-Third of Daily Sales
Pakistan’s local refineries produced 7,035 tons of petrol per day during July-September 2026, while daily sales reached 21,583 tons, highlighting the gap between domestic production…
Government Plans Easier Bank Financing for Small Exporters
The government is considering measures to improve access to export financing and international markets for small and medium-sized enterprises (SMEs) to strengthen their competitiveness and…
Lucky Cement Announces Major Expansion in Pakistan and Congo
Lucky Cement Limited has announced plans to expand its cement production capacity in Pakistan and the Democratic Republic of Congo, aiming to meet rising demand…
Pakistan’s Current Account Deficit to Stay Below 1% of GDP: SBP Governor
State Bank of Pakistan (SBP) Governor Jameel Ahmad has said Pakistan’s current account deficit is expected to remain between 0% and 1% of gross domestic…
Punjab Ordered to Restore Family Pensions for Eligible Daughters
The Rawalpindi Bench of the Lahore High Court (LHC) has declared unconstitutional the decision of the Punjab government to discontinue family pensions for widowed, divorced…
CCP Approves Citi Pharma’s Acquisition of Pakheim International Pharma
The Competition Commission of Pakistan (CCP) has approved Citi Pharma Limited’s acquisition of the entire shareholding of Pakheim International Pharma (Pvt.) Limited after completing a…
Anthropic IPO Could Reserve 15-20% of Shares for Retail Investors
Anthropic is reportedly weighing a reservation of 15% to 20% of its upcoming IPO shares for retail investors. The AI company could reach a valuation…



























