Business
PayPak Failure: SBP, Banks Come Under Fire in Senate Committee
In a strongly worded session, the Senate Standing Committee on Finance raised serious concerns over the weak adoption of Pakistan’s local PayPak debit card, accusing banks and the SBP of failing to enforce its promotion despite clear regulatory directives. The…
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Pakistan’s Textile Exports Fall for 3rd Straight Month in FY26
2 min read
Pakistan’s textile and clothing exports continued to struggle in October 2025. The sector posted a 0.67% decline, marking the third straight month of negative growth.…
Pakistan Launches First-Ever Bunkering Facility at Karachi Port
3 min read
Pakistan has officially entered the global bunkering market. On 19th November 2025, the country launched its first standardised bunkering operations at the Karachi Port. The…
Govt Confirms Solar Net-Metering Not Hurting National Grid
2 min read
The government has finally acknowledged that the rapid rise in solar net-metering is not harming Pakistan’s national power grid, clearing up months of public debate…
Pakistan’s Trade Deficit Widens 39% to $12.7bn in July–October as Exports Fall, Imports Surge
2 min read
Pakistan’s trade deficit widened sharply to $12.7 billion in the first four months of FY26, with falling exports and rising imports putting fresh pressure on…
Gold and Silver Prices in Pakistan Today, 19th November, 2025
2 min read
Gold and Silver prices in Pakistan fluctuate frequently based on international market trends. The rates listed here are provided by local gold markets and Sarafa…
Alibaba-Owned Daraz’s Loss-Making Streak Intensifies Despite Cost-Control Efforts
5 min read
Daraz, the Alibaba-backed e-commerce giant operating across South Asia, has long represented digital ambition in emerging markets. Founded in 2012 by Rocket Internet as an…
Gold and Silver Prices in Pakistan Today, 18th November, 2025
2 min read
Gold and Silver prices in Pakistan fluctuate frequently based on international market trends. The rates listed here are provided by local gold markets and Sarafa…
Rupee Extends Winning Streak for 37th Day, Records Marginal Rise Against US Dollar
2 min read
The Pakistani rupee continued its slow but steady upward trend on Monday, marking its 37th consecutive day of gains against the US dollar. Despite the…
Foreign Direct Investment in Pakistan Drops 26% Despite October Uptick
2 min read
Pakistan’s foreign direct investment fell sharply in the first four months of FY26, signaling investor caution despite an improvement in October’s inflows. Foreign Direct Investment…
Pakistan’s Matco Foods Limited Transfers Spice & Masala Segment to Subsidiary Falak Foods (Private) Limited in Strategic Restructure
2 min read
Listed exporter Matco Foods Limited (PSX: MATCO), one of Pakistan’s leading processors and exporters of basmati rice and value-added food products, has officially transferred its…
Pakistan’s Current Account Deficit Jumps to $733m in 4MFY26 as Trade Gap Widens
2 min read
Pakistan’s current account deficit has sharply widened to $733 million in the first four months of FY26, signalling renewed pressure on the economy despite a…
PSX Extends Buying Rally as KSE-100 Gains Over 1,400 Points
2 min read
The Pakistan Stock Exchange (PSX) continued its strong upward momentum on Monday. The benchmark KSE-100 Index opened with a sharp rise and gained more than…
DISCOs Cost Pakistan Rs171bn in Q1, Despite Slight Improvement from Last Year
2 min read
Pakistan’s state-run power distribution companies (DISCOs) have inflicted massive losses of Rs171 billion in just the first quarter of the current fiscal year, highlighting the…
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