Magnum Ice Cream Partners with Tim Hortons Pakistan
The Magnum Ice Cream Company collaborates with Tim Hortons Pakistan to introduce Wall's Velvetti Vanilla Ice Cream across all outlets, expanding reach and enhancing dessert offerings.
Category : Business
FBR Anti-Tobacco Drive Wins Praise as Operations Disrupt Illegal Trade
FBR's coordinated crackdown on illicit tobacco trade disrupts illegal networks, with provincial support and legislative reforms yielding progress against a trade costing Rs300 billion annually.
Weekly Inflation in Pakistan Rises by 0.46%: PBS
Pakistan's weekly inflation rose by 0.46% to 357.76 points, with tomatoes, potatoes, and chicken prices surging, while onions and garlic fell.
Pakistani Rupee Gains 1 Paisa Against US Dollar in Interbank
The Pakistani rupee appreciated by 01 paisa against the US dollar in interbank trading, closing at Rs278.25. Euro, Pound, and Yen also declined.
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KP Budget FY2026-27: Rs 2.17 Trillion, No New Taxes
Khyber Pakhtunkhwa CM Sohail Afridi presented the Rs 2.17 trillion 'Khushal Khyber Pakhtunkhwa' budget for FY2026-27, focusing on education, health, security, and development without new taxes.
FBR Offices Open on Weekend for Tax Collection
FBR announces normal working hours on June 27-28 (Saturday, Sunday) and extended hours on June 29-30 to maximize revenue before fiscal year end.
PM Shehbaz Announces Major Reduction in Fuel Prices
Prime Minister Shehbaz Sharif announced a substantial cut in petroleum prices, reducing petrol by Rs74 and diesel by Rs67 per litre, providing significant relief to consumers.
Shehbaz Sharif Announces Major Cut in Fuel Prices After Iran-US Deal
Prime Minister Shehbaz Sharif slashed petrol by Rs74.28 and diesel by Rs67.31 per litre, citing declining global oil prices after the Iran-US peace deal.
10 Killed in Pakistan Weather Incidents, Rain Continues
At least 10 people died in weather-related incidents across Pakistan as strong winds and heavy rain caused accidents and damage. Nine deaths in Khyber Pakhtunkhwa, others injured in Punjab.
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Pakistan to Fully Shift to Electronic Passport System
Pakistan has decided to transition entirely to an e-passport system to reduce fraud, improve security, and offer doorstep delivery of passports. A new fee structure was also approved.
US Pentagon Seeks $80 Billion for Iran War, Other Costs
The US Defense Department plans to request approximately $80 billion from Congress to cover expenses from the Iran war and other operations, amid rising costs and political backlash.
IMF Rejects 1% Sales Tax on Electric Vehicles in Pakistan
The IMF has rejected a proposal to charge 1% sales tax on new energy vehicles in Pakistan, complicating the new auto policy amid inter-ministerial disagreements over duty structure.
278,563 Pakistani Workers Registered for Overseas Jobs in 2026
278,563 Pakistani workers registered for overseas employment in Jan-May 2026, with labourers and drivers dominating. Demand remains for low-skilled roles, raising concerns about workforce development.
Privatisation Board Approves FESCO Restructuring Plan
The Privatisation Commission Board approved a restructuring plan for FESCO, part of the first phase of DISCOs privatisation, and declared KPMG-led consortium as financial adviser for HBFC.
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Pakistan Seeks Canadian Help to Cut Edible Oil Import Bill
Federal Minister Rana Tanveer Hussain seeks Canadian expertise in canola cultivation to reduce Pakistan's $4-5 billion edible oil import bill, proposing joint initiatives in agriculture.
Pakistan Inflation Stays High at 15.28%; Gold Drops Rs14,900
Pakistan's weekly inflation remained high at 15.28% year-on-year, with food and energy prices surging. Gold prices fell by Rs14,900 per tola amid global decline.
Debt Servicing Consumes Over Half of Pakistan Tax Revenue
BMPP warns debt servicing consumes over half of Pakistan's tax revenue, urging a shift from borrowing-led strategies to strengthen indigenous economic capacity.
PSX Falls 2,475 Points on Geopolitical Tensions
The Pakistan Stock Exchange plummeted nearly 2,500 points on Friday as optimism over an Iran-US peace deal waned and regional tensions reignited, triggering profit-taking across the board.
Traders Hail Rs74 Petrol Price Reduction in Pakistan
Pakistan's business community welcomes Rs74/litre petrol and Rs67/litre diesel price cuts, calling it a positive step for the economy, benefiting industry, trade, agriculture, and transport.
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Goods Transport Cuts Freight Charges 15% After Fuel Price Drop
Pakistan Goods Transport Alliance reduces freight charges by 15% following federal government's cut in diesel and petrol prices, citing positive step for transport sector.
KWSC Emergency Plan for Ashura Water Supply
Karachi Water and Sewerage Corporation launches emergency plan for Ashura, ensuring uninterrupted water supply and drainage services for mourners and residents during Muharram processions.
Sindh Police Cancels Housing Over Unpaid Bills
Sindh Police cancels housing allotments of 19 personnel in Garden Police Lines for non-payment of electricity bills, ordering immediate vacating of government quarters.
Edhi Foundation Reunites Woman with Family After 14 Years
The Edhi Foundation reunited a woman with her family 14 years after she was found abandoned in Karachi. Identified as Sana Sultan, she was handed over to her sister and brother-in-law in an emotional ceremony.
KP Budget: Tax Relief for Small Businesses, Fixed Taxes
Khyber-Pakhtunkhwa presents Finance Bill with tax relief for small businesses and low-income groups, introduces fixed taxes on professions, and reduces Infrastructure Development Cess.
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K-P Unveils Rs282 Billion Budget with 1,027 New Projects
Khyber-Pakhtunkhwa government presents a Rs282 billion development budget for 2,380 projects, including 1,027 new schemes, with focus on roads, health, and education across settled and tribal districts.
Punjab CM Approves Medical City with Seven Hospitals
Punjab CM Maryam Nawaz Sharif approves construction of seven hospitals with 1,519 beds under Nawaz Sharif Medical District, along with PPP projects.
Lahore Commercial Licence Centres Now at Four Locations
Lahore Traffic Police adds three new centres for commercial driving licences, easing access for rickshaw drivers. QR-code panic buttons to be installed for safety.
FWMC Cancels Contract of Private Firm for Rs1 Billion Loss
Faisalabad Waste Management Company ends contract of M/S Care Services Consortium over poor performance and Rs1 billion losses, forfeits guarantee. ACE case registered; workers await salaries.
Fossil Fuel Use Must Halve by 2035 to Limit Warming
A new analysis at UN climate talks warns that to limit global warming to 1.5°C, fossil fuel consumption must be halved by 2035 and phased out by 2070, highlighting a contradiction in government actions.
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FBR Extends Hours for Tax Collection Before Fiscal Year End
FBR announces normal working hours on June 27-28 and extended hours on June 29-30, 2026, to boost revenue collection before the fiscal year closes.
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