Industry
How the New Electricity Market Will Work?
Pakistan has opened the bidding process for its first 400 MW electricity wheeling auction, marking an initial move away from the traditional single-buyer model. Under the new system,…
Business
Business
Engro Corporation Names Junaid Iqbal as Next President and CEO
Engro Holdings Limited has announced that the Board of Directors of Engro Corporation Limited has approved Junaid Iqbal as the successor to Ahsan Zafar Syed for the role…
Agri-Business
Flour Millers to Go on Strike Across Punjab
Flour mills across Punjab will suspend operations after the Pakistan Flour Mills Association announced a province wide strike in protest against what it described as anti industry policies,…
Industry
Pakistan Secures Safe Passage Through Strait of Hormuz for Qatari LNG Shipment
Pakistan has secured safe passage through the Strait of Hormuz for another liquefied natural gas shipment from Qatar after reaching an arrangement with Iran, providing some relief as…
Agri-Business
Perishable Goods to Stay in Customs Warehouses Up to 3 Months
The Federal Board of Revenue has issued a revised list of perishable goods that may remain in customs warehouses for up to three months, with the new provisions…
Business
CDA Cancels Centaurus Mall’s Temporary Site Permission
The Capital Development Authority (CDA) has cancelled permission for a temporary site allocated to the management of Centaurus Mall and directed it to vacate the land within seven…
Business
5 Companies Cannot Trade on PSX
The Pakistan Stock Exchange has extended the suspension of trading in the shares of five companies for another 60 days from September 21, 2026, as they have not…
Business
Pakistan’s Trade Deficit Narrows 18.5% in Nine Months, Signaling Economic Adjustment
Pakistan’s trade deficit recorded a significant improvement during the first nine months of FY2025–26, declining by 18.5% year-on-year to $22.6 billion, reflecting a combination of reduced imports and…
Business
Pakistan Moves to Tax Influencers and YouTubers: A New Era for the Digital Economy
Pakistan is preparing to bring its rapidly growing creator economy into the formal tax system, as the Federal Board of Revenue (FBR) introduces draft rules targeting influencers and…
Business
Pakistan Stock Market Surges as KSE-100 Gains Over 4,200 Points in Major Investor Rebound
Pakistan’s stock market witnessed a dramatic resurgence as the benchmark KSE-100 index surged by more than 4,200 points in a single trading session, signaling a strong return of…
Business
Gold Prices Decline in Pakistan as Global Markets Ease Amid Continued Economic Uncertainty
Gold prices in Pakistan declined slightly in recent trading sessions, reflecting a broader cooling trend in international markets. The price of gold per tola fell to Rs. 540,562,…
Business
IMF Delegation Arrives in Pakistan for Critical Economic Review as Funding Decision Looms
An International Monetary Fund (IMF) delegation has arrived in Pakistan to conduct a key economic review under the country’s $7 billion Extended Fund Facility (EFF), a programme widely…