Pakistan Economy
SECP Proposes Legal Framework for Waqf Companies
The Securities and Exchange Commission of Pakistan (SECP) has proposed a landmark amendment to the Companies Act, 2017 by introducing Section 42A, which would establish…
Pakistan Mobile Phone Imports Rise 109% in FY26 Start
Pakistan has recorded a sharp increase in mobile phone imports, reaching $300.509 million in July-August 2025, compared to $143.703 million in the same period last…
Poland to Boost Investment in Pakistan’s Oil, Gas Sector
Poland has shown strong interest in expanding its footprint in Pakistan’s oil and gas sector, where it already holds stakes worth over $100 million. The…
AGP Retracts Rs 375 Trillion Audit Report, Cites Typos
In a surprising U-turn, the Auditor General of Pakistan (AGP) has withdrawn its earlier bombshell report that claimed irregularities of Rs. 375 trillion in federal…
Millat Tractors Profit Falls 40% in FY25 Results
Millat Tractors Limited (PSX: MTL) has announced its financial results for the year ending June 30, 2025, posting a sharp 40.55% drop in profit after…
SBP Foreign Exchange Reserves Rise to $14.34 Billion
The State Bank of Pakistan (SBP) reported a modest rise in its foreign exchange reserves, which increased by $34 million to reach $14.34 billion as…
SBP Warns Floods Could Challenge Pakistan’s Economic Recovery
The State Bank of Pakistan (SBP) has highlighted that while subdued inflation, a relatively stable exchange rate, prudent fiscal policies, and an improved credit rating…
SBP to Legalize Digital Currencies Under New Bill 2025
The State Bank of Pakistan (SBP) has agreed in principle to declare digital currencies legal in the country. However, a proper regulatory framework is still…
Pakistan, China Strengthen Financial Cooperation 2025
Pakistan and China have reaffirmed their strong financial partnership through high-level meetings in Beijing, signaling deeper cooperation in banking, investment, and economic reforms. The visit…
Pakistan Cuts Rs2.6 Trillion in Public Debt Before Maturity
Pakistan has cut Rs2.6 trillion in public debt before its maturity, Advisor to the Finance Minister Khurram Schehzad confirmed on Sunday. In a statement on…
FBR Revenue Shortfall Hits Rs42bn in First Two Months of FY26
The Federal Board of Revenue (FBR) has reported a revenue shortfall of nearly Rs42 billion during the first two months of the current fiscal year,…
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…
