Digital payment channels processed 89 percent of all retail transactions by volume, with mobile app-based banking playing a crucial role.… Read More
Pakistan, US Poised to Finalize Long-Awaited Trade Deal Next Week
A virtual meeting took place between Muhammad Aurangzeb, Pakistan’s Finance Minister, and Howard Lutnick, United States’ Commerce Secretary, on US… Read More
Gold Ends 8-Day Losing Streak in Pakistan After Small Increase
Gold prices in Pakistan rose on Wednesday after eight days of consecutive losses. Today’s gains come following positive growth in… Read More
Pakistan Secures 6-Year Extension in IPEA Membership
In a major boost to the international mobility and recognition of Pakistani engineers, the Pakistan Engineering Council (PEC) has secured… Read More
Japanese Firm Inks $440 Million Contract to Supply Mining Equipment for Reko Diq
Japan’s Komatsu has signed a $440 million agreement with Barrick Gold to supply ultra-class mining equipment for Pakistan’s Reko Diq… Read More
IMF May Object to Relaxed Enforcement Measures in Amended Finance Bill
The International Monetary Fund (IMF) is likely to object to the government’s revised Finance Bill 2025 which eases key enforcement… Read More
Electricity Bills to Fall As NEPRA Reduces Power Tariff
The National Electric Power Regulatory Authority (NEPRA) has reduced the base electricity tariff by Rs. 1.49 per unit to Rs.… Read More
Power Generation Up 1% Despite Huge Decline in Fuel Cost
Power generation in May 2025 was up by 1 percent YoY to 12,755 GWh. However, output remained below reference levels.… Read More
Govt Imposes New Condition for FBR in High-Level Tax Fraud Cases
Under the amended Finance Bill 2025–26, the Federal Board of Revenue (FBR) is now required to constitute a three-member committee… Read More
Pakistan Secures $350 Million ADB Loan to Boost Women’s Financial Inclusion
The Government of Pakistan and the Asian Development Bank (ADB) on Tuesday signed a $350 million loan agreement to support… Read More
Loose Milk Dominates Market While Legit Dairy Industry Suffers From Heavy Taxes, Claims Association
After the implementation of 18 percent GST on the dairy sector during the outgoing fiscal year 2024-25, tax revenue has… Read More
PTA, GDIP Forge Stronger Alliance for Inclusive Digital Future
The Pakistan Telecommunication Authority (PTA) delegation, led by Chairman PTA, Major General (R) Hafeez Ur Rehman, representing Pakistan, held a… Read More
