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Karachi flour prices soar amid wheat supply delays

The wheat and flour price crisis in Pakistan’s largest city continues to persist, with industry representatives warning of further increases amid supply delays and...

SBP to announce first monetary policy of current year on January 26

Pakistan’s improving currency position and easing inflation have strengthened expectations of a further cut in the policy interest rate in the country’s upcoming monetary...

Pakistan–Japan govt–business dialogue held in Tokyo after four years

The 8th Pakistan–Japan Government–Business Joint Dialogue and the Pakistan Business Forum were held in Tokyo on Friday, marking the first convening of the Dialogue...

Power sector equity turns negative by Rs800bn amid mounting losses

Pakistan’s power sector equity turned negative by Rs800 billion during the last fiscal year, mainly due to declining electricity sales, persistent losses of distribution...

Federal Tax collection crosses Rs13 trillion in FY2025

According to official figures, the federal government collected more than Rs13 trillion in taxes and levies during the fiscal year 2025. The tax revenue collected...

Seafood exports surge 22pc in first half of FY26: Minister

Pakistan’s marine fisheries sector posted strong growth in the first half of fiscal year 2025–26, with seafood exports rising to 122,629.11 metric tons valued...

PIA signs cargo deal with Garuda Indonesia to boost exports

Pakistan International Airlines (PIA) has taken a major step to facilitate Pakistani exporters by signing an important agreement with Indonesia’s national airline, Garuda Indonesia. According...

Aurangzeb says Rs1 trillion wasted annually in state-owned entities

Federal Minister for Finance Muhammad Aurangzeb on Wednesday said that interest payments on debt remain the government’s largest expenditure, while inefficiencies in state-owned enterprises...

Petroleum prices likely to fall from January 16

A reduction in petroleum product prices is expected in Pakistan from January 16 following a decline in global crude oil prices, according to official...

FBR plans digital enforcement stations to curb smuggling

The Federal Board of Revenue has decided to establish Digital Enforcement Stations as part of a broader effort to curb smuggling and illegal trade...

NEPRA raises average base power tariff by Rs1.79 per unit

National Electric Power Regulatory Authority (NEPRA) has approved an increase of Rs1.79 per unit in the average base electricity tariff, effective from January 1,...

Govt introduces new monitoring framework for PPP projects’ financial risks

The government has introduced a new monitoring framework to track financial risks associated with Public-Private Partnership (PPP) projects, fulfilling a commitment made to the...

Punjab Revenue Authority sees 35% surge in first-half collections

The Punjab Revenue Authority (PRA) has recorded a historic increase in tax collection during the first half of the current fiscal year following recent...

Finance Minister praises FBR as tax revenues hit historic high

Pakistan recorded the highest-ever tax collection for the month of December, as the Federal Board of Revenue (FBR) collected Rs1,427.1 billion in December 2025,...

PTCL group approves Rs15 billion investment in U Microfinance Bank

PTCL Group has approved an investment of Rs15 billion, equivalent to around $53 million, in U Microfinance Bank Limited (U Bank), marking one of...

Small Traders declare 2025 worst year for business and economy

Small traders have declared calendar year 2025 as one of the worst years in Pakistan’s history in terms of business activity, investment, unemployment and...

FBR fails to meet revenue targets, Rs321 billion shortfall in H1

The Federal Board of Revenue (FBR) failed to achieve its monthly and half-yearly tax collection targets for the first half of fiscal year 2025-26,...

National vaccine policy ready for PM’s approval: SAPM

Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan chaired a high-level meeting on local manufacturing of vaccines, marking a...

Pakistan achieves historic milestones in Islamic finance and sukuk issuance

Revolutionary reforms by the Securities and Investment Finance Commission (SIIFC) have strengthened Pakistan’s financial and investment sectors, placing the country’s Islamic finance market on...

DIB Pakistan, Zindigi join forces to boost digital Islamic banking

Dubai Islamic Bank (DIB) Pakistan has entered into a strategic partnership with Zindigi (owned by JS Bank) to enhance the digital banking experience for...

Planning Minister reviews Rs1 trillion power, hydel projects

Federal Minister for Planning, Development and Special Initiatives Prof Ahsan Iqbal chaired a high-level review meeting on Monday to assess the progress of critical...

Pakistan to showcase youth-led startups at World Economic Forum Davos

Pakistan will present youth-driven startup ideas at the World Economic Forum (WEF) in Davos this January, as part of a broader effort to project...

Arif Habib announces plans to expand PIA fleet to 65 planes

Prominent Pakistani businessman Arif Habib has announced plans to expand the fleet of Pakistan International Airlines (PIA) to 38 planes initially, and eventually to...

Pakistan receives over 3 billion USD in loans, grants during early FY 2025-26

Pakistan has received more than $3 billion in external loans during the first five months (July–November) of the current fiscal year 2025-26, according to...

Pakistan’s foreign reserves reach record high, global agencies praise economy

Pakistan’s foreign exchange reserves have reached their highest level in history, reflecting renewed investor confidence and improving macroeconomic stability, according to officials and international...

Federal govt brings in over 3 Lakh tons of sugar in five months

The federal government imported an additional 76,752 metric tons of sugar in November, according to data from the Pakistan Bureau of Statistics. During the first...

World Bank approves $700 Million for Pakistan’s inclusive development program

The World Bank has approved $700 million in financing for Pakistan under its multi-year Public Resources for Inclusive Development — Multiphase Programmatic Approach (PRID-MPA),...

CCP calls for reforms to tackle adulterated farm sprays

The Competition Commission of Pakistan (CCP) has released a market review report on agricultural pesticides and crop sprays, warning that the widespread presence of...

Profit-taking ahead of roll-over week pulls PSX into the red

The Pakistan Stock Exchange (PSX) ended Friday’s session in the red as investors resorted to profit-taking ahead of the upcoming roll-over week, despite the...

Pakistan, Kuwait explore new investment and energy cooperation

Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting with the Minister of Finance and Renewable Energy of Kuwait and Chairman of the...

Turkish businesses eye expansion in Pakistan

Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan held an important meeting today with a high-level Turkish business delegation....

91% Pakistanis did not buy online in last six months: Survey

A new Gallup–Gallani Research survey has revealed a major decline in Pakistan’s online shopping activity, with 91 percent of respondents saying they did not...

World Bank clears $400m loan for Pakistan

The World Bank has approved a 400 million dollar loan for Pakistan, days after the IMF released its latest tranche for the country. In its...

Pakistan, ADB sign $257 million deals for STEM and nursing reforms in Punjab

The Government of Pakistan and the Asian Development Bank (ADB) today signed two programs: i) the Responsive, Ready, and Resilient Science, Technology, Engineering, Mathematics...

Pakistan, Yemen discuss boosting trade and economic cooperation

Federal Minister for Commerce Jam Kamal Khan met with H.E. Mohammed Motahar Alashabi today in Islamabad for a constructive discussion on enhancing Pakistan–Yemen trade...

IMF releases $1.2 Billion to Pakistan amid economic reforms

The International Monetary Fund (IMF) has released $1.2 billion to Pakistan, confirmed by the State Bank of Pakistan. Officials said $1 billion of the tranche...

CCP raids out-of-home advertising firms over alleged cartelisation

The Competition Commission of Pakistan (CCP) has carried out raids on the offices of three out-of-home advertising sector companies in Lahore as part of...

Global debt surges by 26 trillion dollars in first nine months of 2025: IIF

The Institute of International Finance (IIF) has warned that the world is witnessing a fresh surge in debt levels, driven by rapid investment in...

Pakistan’s remittances reach $3.18 billion in November, up 9% year-on-year

The State Bank of Pakistan has released figures showing workers’ remittances for November 2025 at $3.18 billion, officials said. The November inflows were 7...

Pakistan and Egypt agree on new economic partnership framework

Pakistan and Egypt have agreed on a joint economic roadmap aimed at strengthening trade, investment, and sectoral cooperation, officials confirmed. The development was facilitated...

China spends 35.5 billion yuan on work-for-relief programs to boost employment

BEIJING: Investment from the central government budget toward the work-for-relief programs has totaled 35.5 billion yuan (about 5 billion U.S. dollars) in 2025, with...

Pakistan to introduce new regulations for auto industry, tighten used car imports

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, held a detailed meeting on Thursday with a delegation of the...

Pakistan urges D-8 states to strengthen regional trade, operationalise PTA

Pakistan’s Federal Minister for Commerce, Jam Kamal Khan, delivered a comprehensive and forward-looking statement at the Fourth Meeting of the D-8 Trade Ministers Council...

FBR withdraws Rs2.3bn, ETPB faces severe financial crisis

The Evacuee Trust Property Board (ETPB) is grappling with a deep financial crisis after the Federal Board of Revenue (FBR) withdrew a total of...

Pakistan’s trade deficit rises as imports climb and exports fall

Pakistan’s trade deficit has widened significantly in the first five months of the current fiscal year 2025-26, driven by rising imports and declining exports,...

Pakistan, Egypt explore enhanced industrial and investment cooperation

Federal Minister for Commerce Jam Kamal Khan held a productive meeting today with Eng. Ahmed Elsewedy, President and CEO of Elsewedy Electric, one of...

Pakistan’s economy shows cautious improvement, inflation estimated at 5-6% in November

The Ministry of Finance has released its monthly economic outlook report, projecting inflation in Pakistan to remain between 5 and 6 percent during November,...

FBR misses November tax collection target by Rs156 billion

The Federal Board of Revenue (FBR) fell short of its tax collection target in November, collecting Rs878 billion against a target of Rs1,034 billion,...

Inflation picks up pace as weekly prices rise across essentials

Inflation in Pakistan is accelerating again, with the weekly inflation rate rising by 0.73 percent and the annual inflation reaching 4.32 percent, according to...

Pakistan, Türkiye agree to boost bilateral trade to $5 billion

Federal Minister for Communications, Abdul Aleem Khan, met with Türkiye’s Minister of Trade, Prof. Dr. Ömer Bolat, on the sidelines of the 5th ECO...

Pakistan to explore more women led entrepreneurship, skill development: Minister BOI

Federal Minister for Board of Investment (BOI), Qaiser Ahmed Sheikh, held a landmark meeting today with the Chairperson of NAVTCC, Gulmina Bilal Ahmad, Executive...

Pakistan, Nigeria discuss trade, investment, and bilateral ties

Pakistan and Nigeria held a high-level meeting at the Federal Ministry of Foreign Affairs in Abuja today to strengthen economic cooperation, deepen trade and...

Pakistan finalizes comprehensive meat export plan for Malaysia

A high-level meeting finalized Pakistan’s comprehensive meat export plan to Malaysia, in line with the vision of Prime Minister Shehbaz Sharif. The session was jointly...

Pakistan calls for stronger regional trade at ECO Ministerial meeting in Istanbul

Federal Minister for Communications, Abdul Aleem Khan, representing Pakistan on the special nomination of Prime Minister Shahbaz Sharif, delivered Pakistan’s statement at the 5th...

Finance Minister says 54,000 vacant posts abolished, saving Rs:56bn annually

Finance Minister Muhammad Aurangzeb has announced that the government has abolished 54,000 vacant posts across various departments, a move that he said will save...

FBR opens tax offices on Saturday for public convenience

The Federal Board of Revenue (FBR) has announced that all major tax offices across the country will remain open on Saturday, November 29, 2025,...

Pakistan launches first public-private genomics venture to boost research and food security

Pakistan has launched its first-ever public-private genomics joint venture, a major step toward building the country’s scientific and technological capacity. The initiative aims to...

Dubai Airshow 2025 breaks record with over $202 billion in deals

The Dubai Airshow 2025 has set a new global aviation record by securing deals worth more than US $202 billion, nearly double the volume...

Govt restrictions, FBR portal shutdown triggered sugar price hike, Says PSMA

The Pakistan Sugar Mills Association (PSMA) has attributed the recent rise in sugar prices to the closure of FBR portals, government-imposed dealer controls, and...

Imports of car assembly kits surge 123%, boosting local auto market

Imports of vehicle assembly kits in Pakistan have surged 123% compared to last year, driving increased activity in the local auto market, official data...

ADB approves $330 million loan for Pakistan’s power transmission upgrade

The Asian Development Bank (ADB) has approved a total loan of $330 million for Pakistan’s second Power Transmission Strengthening Project. According to ADB, the project...

Pakistan produces Eco-friendly marine fuel for first time

Pakistan has successfully produced and delivered large-scale, environmentally friendly Very Low Sulfur Fuel Oil (VLSFO) for the first time, meeting the standards of the...

Pakistan opens PEEC-2025 to boost energy investment

Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, inaugurated the Pakistan Energy & Exhibition Conference 2025 (PEEC-2025) today in Islamabad, formally opening the...

Over 14,800 new companies registered in Pakistan in first four months of FY2025

Pakistan has witnessed the registration of 14,802 new companies in the first four months of the current fiscal year, reflecting a notable expansion in...

Pakistan issues first bunkering license, launches global-standard fuel services at Karachi Port

Pakistan has issued its first-ever bunkering license, marking the official launch of international-standard bunkering services at Karachi Port, Maritime Affairs Minister Mohammad Junaid Anwar...

Pakistan to fully deregulate sugar sector amid rising prices

After a surge in sugar prices across Pakistan, the federal government reportedly has decided to fully deregulate the sugar sector, allowing market forces to...

Diesel price up by Rs 6, petrol unchanged for next 15 days

The government has issued a new notification announcing changes in petroleum prices across the country. According to the notification, the price of high-speed diesel has...

Haroon Akhtar Khan pushes Pharma Park plan, strengthens women entrepreneurship

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, chaired a follow-up meeting with the Small and Medium Enterprises Development...

Haroon Akhtar Khan meets SME Cluster, announces Pharma Park policy

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan held an important meeting with the Small and Medium Enterprises (SMEs)...

Federal govt awards 23 offshore blocks to Mari Energies

The federal government of Pakistan has awarded 23 new offshore oil and gas blocks to Mari Energies, officials confirmed. The Petroleum Division had earlier announced...

Junaid Anwar Chaudhry forms committee to identify sites for future ports along coastline

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has constituted a high-level, multi-agency committee to identify potential sites for the establishment of new...

CCP approves Standpharm transaction by Crest Garments

The Competition Commission of Pakistan (CCP) has authorized the transaction of Standpharm Pakistan (Private) Limited by Crest Garments International (Private) Limited. The transaction forms...

Pakistan targets $200 million meat exports to Malaysia

Federal Minister for Commerce, Jam Kamal Khan, chaired the 3rd Meeting of the Committee on Pakistan-Malaysia Cooperation on Meat Export from Pakistan, emphasizing the...

Pakistan secures $100 Million in foreign loans to strengthen public finances

Pakistan has approved two foreign loans worth a total of $100 million aimed at improving tax system performance, enhancing transparency in public spending, and...

SC stops Peshawar Cantonment Board from issuing tax notices on evacuee trust property

The Supreme Court of Pakistan has barred the Peshawar Cantonment Board from issuing property tax notices to the Evacuee Trust Property (ETP) Board, suspending...

Govt to grant industry status to gemstone exporters

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, held a meeting with Barneby Plowright, a leading gemstones exporter, in...

CCP educates QAU students in competition law

The Competition Commission of Pakistan (CCP) held an awareness session on Competition Law at Quaid-i-Azam University (QAU), to educate students on the principles of...

Govt reviews auto import schemes to curb misuse, boost local manufacturing

Federal Minister for Commerce Jam Kamal Khan and Special Assistant to the Prime Minister on Industries Haroon Akhtar Khan co-chaired a high-level meeting at...

CCP approves PEL’s acquisition of stakes in three oil and gas companies

The Competition Commission of Pakistan (CCP) has approved Petroleum Exploration Limited (PEL) to acquire additional shareholding in three oil and gas companies. According to the...

Pakistan’s mobile phone imports surge to $500 million in three months

Pakistan imported mobile phones worth $500 million during the first three months of the current fiscal year, reflecting a sharp rise in demand and...

Pakistan receives first-ever US Crude oil shipment under new trade agreement

Pakistan has received its first-ever shipment of US crude oil under a new trade agreement between Islamabad and Washington, marking a significant milestone in...

Punjab introduces new minerals & mining law to attract global investment

The Punjab government has moved to overhaul its mining and minerals regulatory system by introducing a new comprehensive legal framework aimed at boosting domestic...

FBR flags 1 Million taxpayers for declaring lower income than last year

The Federal Board of Revenue (FBR) has so far received 5.5 million income tax returns for the current fiscal year, out of which around...

Pakistan, Germany vow to deepen economic cooperation

German Ambassador to Pakistan Ina Lepel, along with Arno Kirchof, Deputy Head of Mission, and Janine Rohwer, Economic Counselor, called on Minister of State...

PASDEC asked to submit plan to upgrade marble industry

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, chaired a meeting with the Pakistan Stone Development Company (PASDEC) in...

PIDE hosts Talanoa Dialogue to promote collaborative climate action

The Pakistan Institute of Development Economics (PIDE), in collaboration with Islamic Relief Pakistan, hosted a Talanoa Dialogue titled “Collaborative Climate Action for a Resilient...

Pakistan, Türkiye agree to boost railway cooperation

Federal Minister for Railways Muhammad Hanif Abbasi met Türkiye’s Minister for Transport and Infrastructure Abdulkadir Uraloğlu on the sidelines of the Regional Transport Ministers...

PIDE, PUAN join hands to strengthen research, dialogue, and policy synergies

The Pakistan Institute of Development Economics (PIDE) hosted a delegation from the Pakistan-U.S. Alumni Network (PUAN) for an interactive session aimed at fostering collaboration...

Pakistan, Canada discuss expansion of bilateral trade and FDI

Tarik Ali Khan, the newly appointed High Commissioner of Canada to Pakistan, called on Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at...

Pakistan begins phased restoration of Afghan Transit Trade via Chaman

Pakistan has announced a phased restoration of Afghan Transit Trade through the Chaman border crossing, nearly two weeks after the Bab-e-Dosti gate remained closed,...

Pakistan, Australia discuss boosting meat exports

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, met with the Acting High Commissioner of Australia to Pakistan, Nicole...

NAB recovers record Rs. 1.1 Trillion in third quarter, marks 242% growth

Demonstrating a steadfast commitment to transparency and accountability, the National Accountability Bureau (NAB) has made a significant Rs. 1,102.04 billion (1.10 trillion) recovery in...

Pakistan, Qatar to deepen agricultural cooperation and strengthen economic partnership

Federal Minister for National Food Security and Research Rana Tanveer Hussain held a meeting with the Ambassador of the State of Qatar to Pakistan,...

Pakistan loses $9.3 billion annually to digital financial scams, Report reveals

Pakistan has emerged as a major target for digital scammers, with citizens losing over $9.3 billion annually to various financial and online fraud schemes,...

Junaid Anwar Chaudhry launches $13 billion “sea to steel” green corridor to revive Pakistan Steel Mills

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, has unveiled an ambitious plan to revive the dormant Pakistan Steel Mills (PSM) through advanced...

FBR collects Rs130 billion from salaried taxpayers double than combined payment of traders, exporters

The salaried class in Pakistan has contributed Rs130 billion in taxes during the first quarter (July-September) of the current fiscal year 2025-26, twice as...

Pakistan, EU vow to deepen trade ties under GSP Plus framework

Federal Minister for Commerce Jam Kamal Khan held a meeting with the European Union (EU) Ambassador to Pakistan, H.E. Raimundas Karoblis, to discuss ongoing...

Sindh urges Federal Govt to set wheat support price at Rs 4,200 per maund

The Sindh government has urged the federal government to set the minimum wheat support price at Rs 4,200 per maund, opposing the rate of...

Tomatoes costlier than chicken as rates cross Rs500 per Kg in Karachi

Tomatoes have become more expensive than chicken meat in Karachi as prices of the essential kitchen item surged beyond Rs500 per kilogram, while chicken...

Industrial growth remains positive despite monthly dip, PBS reports

Pakistan’s large-scale manufacturing (LSM) sector maintained a slow but positive growth trend in August 2025, recording a 0.54 percent year-on-year increase in industrial output,...

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