Attock Refinery Limited (ARL) has received an offer for the acquisition of a 70 percent shareholding in its wholly owned… Read More
Jewellers Observe Nationwide Strike Against FBR Tax Demands
Pakistani jewellers on Tuesday observed a nationwide strike against what they described as harassment and excessive tax demands by the… Read More
Pakistan’s IT Exports Cross $4 Billion for the First Time
Pakistan’s information technology (IT) exports crossed the $4 billion mark for the first time during the first 11 months of… Read More
Govt Faces IMF Resistance Over Real Estate Tax Concessions
The government is holding negotiations with the International Monetary Fund (IMF) to secure additional tax relief for Pakistan’s real estate… Read More
Lawmakers Delay Telecom Amendment Bill 2026
The Senate Standing Committee on Information Technology and Telecommunications on Tuesday deferred a decision on the Pakistan Telecommunication Reorganization (Amendment)… Read More
Govt Hits Back at Vawda Over Allegations on Imported Car Restriction
The Ministry of Industries and Production has rejected allegations made by Senator Faisal Vawda during a meeting of the Senate… Read More
ECC Approves Over Rs. 9.5 Billion for Passports, NADRA and Helicopter Repairs
The Economic Coordination Committee (ECC) on Tuesday approved more than Rs. 9.5 billion in technical supplementary grants for passport services,… Read More
IMF Blocks Tax Relief on Pencils and Notebooks
The International Monetary Fund (IMF) did not allow the government to reduce the General Sales Tax (GST) on stationery items… Read More
REER Hits 7-Year High, Rupee Now Even More Overvalued
Pakistan’s Real Effective Exchange Rate (REER) rose to 106.15 in May 2026, up from 105.84 in April, remaining at its… Read More
Pakistan’s Fiscal Tightening Could Slow Growth: Fitch Ratings
Pakistan’s efforts to reduce its budget deficit through aggressive spending cuts could hurt economic growth in the coming years, according… Read More
Current Account Returns to Surplus as Remittances Hit Record High
Pakistan recorded a current account surplus of $459 million in May 2026, recovering from a deficit of $276 million in… Read More
Court to Monitor Quice Foods Merger After Reports of Shareholder Ownership Loss
A Karachi court has ordered judicial oversight of an upcoming Extraordinary General Meeting (EOGM) of Quice Food Industries Limited after… Read More
