Pakistan's Economic Window of Opportunity Amid Global Shifts
Pakistan faces a critical economic window of opportunity as global dynamics shift, requiring strategic reforms and investment to capitalize on emerging trends and avoid stagnation.
Category : Business
Sri Lankan Envoy Visits ICCI to Strengthen Pakistan Trade Ties
Sri Lanka's High Commissioner to Pakistan visited the Islamabad Chamber of Commerce and Industry to explore new avenues for enhancing bilateral trade and investment, highlighting strategic advantages and priority sectors.
Gas Sector Circular Debt Halted, Principal Reduced by Rs15 Billion
Federal Minister Ali Pervaiz Malik announced a halt in gas sector circular debt growth, with a Rs15 billion reduction in principal. He outlined energy reforms and foreign investor interest at the Pakistan Governance Forum.
Ministers and Sialkot Chamber Discuss Industry-Friendly Budget
Federal Minister Khawaja Asif and SAPM Haroon Akhtar Khan met with the Sialkot Chamber to discuss economic growth, export promotion, and an upcoming industry-friendly budget with tax incentives.
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Pakistan, World Bank Discuss Cooperation and Reform Priorities
Pakistan and the World Bank exchanged views on strengthening institutional coordination, transparency, and monitoring to achieve development outcomes, focusing on agriculture, energy, and climate resilience.
Pakistan Awaits IMF Review for $1.2 Billion Funding
Pakistan is set for a critical IMF review this week, aiming to unlock $1.2 billion in funding. Finance Minister Aurangzeb confirms readiness as talks cover economic benchmarks and structural reforms.
Gwadar Proposes Over 10 Projects for 2026-27 PSDP
Gwadar Development Authority has proposed over 10 key projects, including drainage, tourism, and stadium upgrades, for inclusion in federal and provincial development programs for fiscal year 2026-27.
Suzuki Fronx Launches as Pakistan's First XUV with Hybrid Engine
Suzuki Pakistan introduces the Fronx, the country's first XUV, featuring a 1.5L hybrid engine, premium interior, and advanced safety features like 6 airbags, aiming to redefine urban mobility.
Prioritize Public Funds: Curb Spending, Focus on Health
Overseas remittances bolster Pakistan's economy, yet tax collection remains ineffective. Government must prioritize spending on education and healthcare over cosmetic projects like glass trains, addressing smog and inequality.
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Motorcycles Boost Livestock Services in Khanewal District
Sixty-four employees of the Livestock Department in Khanewal received motorcycles under Chief Minister Maryam Nawaz Sharif's initiative to enhance outreach and extension services for cattle rearers, aiming to increase milk and meat production.
Punjab, Islamabad Food Authorities Crack Down on Milk Adulteration
Punjab Food Authority and Islamabad Food Authority inspected 130,000 liters of milk, disposing 28,000 liters of adulterated milk. FIRs were filed against 14 individuals in a major crackdown.
SCCI Urges Faster Customs Clearance at Azakhel Dry Port
The Sarhad Chamber of Commerce and Industry calls for expedited clearance of over 100 stranded import containers at Azakhel Dry Port, warning of financial losses due to delays.
Gold Steady, Silver Gains in Pakistan and Global Markets
Gold prices remained unchanged on Friday, with international rates at $5,178 per ounce and domestic rates at Rs540,562 per tola. Silver saw gains, rising by Rs270 per tola to Rs9,474. Traders attribute gold's stability to balanced demand and silver's rise
PSX Declines for Third Day on Futures Rollover Pressure
The Pakistan Stock Exchange's KSE-100 index fell 1,632 points, or 0.98%, to 164,626.29, marking its third consecutive decline. Weak investor sentiment, futures rollover adjustments, and foreign selling drove the sell-off, with key sectors like banking and
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FPCCI: Trade Rules Amendment Threatens Business Community
The Federation of Pakistan Chambers of Commerce and Industry expresses grave concern over proposed amendments to Trade Organisation Rules, warning of devastating impacts on district economies and business representation nationwide.
Gold Hits Rs 541,262/Tola in Pakistan on US-Iran Tensions
Gold prices in Pakistan have skyrocketed to a historic high of Rs 541,262 per tola, driven by escalating geopolitical tensions between the United States and Iran. This surge reflects global market volatility and increased safe-haven demand among investors
Pakistan Aims for $2.5B Mobile, IT Exports by 2033
Pakistan has set an ambitious target to export $2.5 billion worth of mobile phones and IT equipment by 2033 under a new electronics manufacturing policy. The plan includes shifting from assembly to full-scale manufacturing, developing a skilled workforce
Taara Beam Launches 25Gbps Light Internet for Cities
Alphabet spin-off Taara unveils Taara Beam, delivering 25Gbps connectivity via invisible light beams for enterprise and telco infrastructure in urban areas.
American Airlines Jet Lands in Miami with Bullet Holes
An American Airlines flight from Colombia landed at Miami International Airport with bullet holes in its fuselage, prompting an investigation by authorities.
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First 200MW Power Transaction Under CMOD Expected by June
Federal Minister for Power Sardar Awais Ahmed Khan Leghari announced that the first 200MW electricity transaction under the Competitive Market Operations Date regime is set for completion by June, marking a key step in Pakistan's power market reforms.
Water, Power, Gas Outages Continue in Ramazan
Pakistani citizens face severe disruptions in water, electricity, and gas supplies during Ramazan, with no relief in sight despite government promises.
CCP Approves Eve Holdings Acquisition of First Women Bank
The Competition Commission of Pakistan has approved the acquisition of First Women Bank Limited by Abu Dhabi's Eve Holdings, concluding no competition concerns in this privatisation deal.
Ramadan Inflation Hits Meat Prices in Pakistan
During Ramadan, meat prices in Pakistan have surged by 20-30% due to increased demand and supply chain issues, impacting household budgets and raising concerns about food security.
PSX Plunges 3.16% on Geopolitical Tensions, IMF Review
The Pakistan Stock Exchange (PSX) experienced a sharp decline of 5,478.63 points, with the KSE-100 index closing at 167,691.08 amid heavy selling pressure driven by geopolitical strains and uncertainty ahead of the IMF assessment.
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Pakistan's FDI Crisis: Foreign Investment Needs Domestic Strength
Pakistan's foreign direct investment fell 51% year-on-year, highlighting structural issues. Experts argue sustainable growth requires boosting local investment through policy stability, lower costs, and tax reform to attract foreign capital organically.
IMF Praises Stability as Poverty Hits 11-Year High in Pakistan
The IMF applauds Pakistan's fiscal discipline and current account surplus, but poverty has surged to 29%, with unemployment at a 21-year peak, highlighting a stark gap between macroeconomic stability and public suffering.
Trump Hikes Global Tariff Rate to 15% After SC Ruling
Following a Supreme Court decision, former President Donald Trump has announced a significant increase in the global tariff rate to 15%, impacting international trade dynamics and economic policies worldwide.
Colorado River Crisis: Cattle Farming Drains Water Supply
The Colorado River, essential for over 10% of Americans, faces severe depletion due to decades of drought and agricultural overuse, with cattle feed consuming nearly half its water.
Asia's Economies Face Uncertainty After US Tariff Ruling
Asian nations are assessing the economic impact of a recent US tariff ruling, which could disrupt trade flows and increase costs for key industries across the region.
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Karachi Traders Protest Alleged Tyre Slashing by Admin
Traders in Karachi's Saddar area staged a protest against the market administration, alleging their vehicle tyres were slashed. The incident has sparked tensions and calls for an investigation into the matter.
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