All commercial bank branches across the country will observe extended working hours until 10:00pm on Wednesday, December 31, 2025, to… Read More
SBP’s Dollar Purchases From Interbank Market Near $10 Billion in 16 Months
The State Bank of Pakistan (SBP) purchased a net $9.7 billion from the domestic foreign exchange market between June 2024… Read More
Pakistan Launches First Skills Impact Bond with Rs. 1 Billion Govt Guarantee
Pakistan has launched its first-ever Pakistan Skills Impact Bond, backed by a Rs. 1 billion guarantee from the Ministry of… Read More
Controlled Medicines’ Raw Material Quota to Go Online Next Month
The Drug Regulatory Authority of Pakistan (DRAP) has decided to shift the quota allocation system for the raw material of… Read More
Pakistan’s GDP Grows 3.71% in First Quarter of FY26: Federal Minister
Pakistan’s economy recorded a growth of 3.71 percent in the first quarter of fiscal year 2025-26, marking a clear improvement… Read More
Lyari Freight Corridor’s Cost Soars to Rs. 274 Billion From Rs. 100 Billion
The National Assembly Standing Committee on Economic Affairs debated the inclusion of the Lyari Elevated Freight Corridor in the Public… Read More
More Bad News: IMF Wants 18% Tax on Local Hybrid, Electric Cars and Bikes
The International Monetary Fund (IMF) has called on Pakistan to end the sales tax exemption currently granted to locally manufactured… Read More
CCP Releases Competition Studies Across Key Sectors in 2025
The Competition Commission of Pakistan has released competition assessment studies covering major sectors of the economy, including insurance, power, gold,… Read More
Ibrahim Fibers Ltd Appoints New Chairman, CEO
Ibrahim Fibres Limited has announced key changes in its senior management and board of directors, the company disclosed in a… Read More
PSDP Projects Worth Rs. 0.5 Trillion Pending With Funds Usage in Single Digits
Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal on Monday chaired a high-level meeting to review critical… Read More
FBR Raises Sales Tax Valuation for Locally Made Steel Products
The Federal Board of Revenue has increased the minimum value for the supply of locally produced steel products for the… Read More
Govt Transfers Cotton Export Oversight to SBP
The federal government has transferred the responsibility for cotton export matters from the Trade Development Authority of Pakistan to the… Read More
