GEPCO proposes 50 percent increase to share capital limit
The move follows government directives to expand the utility's capital base ahead of a scheduled extraordinary general meeting in October.
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Business and economy news from Pakistan: markets, the rupee, energy, trade and the numbers behind the headlines.
World Bank explores collaboration with Smeda to develop Pakistan's small businesses
The partnership aims to formalise support for underserved areas and address critical challenges like export readiness and green finance.
Uzbekistan raises minimum monthly salary for foreign employees to UZS 1.36 million
The hike follows a presidential decree aimed at adjusting national wages and student stipends across the country.
High global borrowing costs and energy prices pressure Pakistan's economy
Rising international interest rates and a heavy reliance on foreign energy imports strain Pakistan's fiscal stability and inflation targets.
Pakistan ranks seventh globally for trade restrictiveness on World Bank index
High import duties and trade-related taxes contribute to a restrictive trade environment despite recent growth in manufacturing and exports.
JD Vance remains undecided on 2028 US presidential run
The senator cited his four young children and his wife as reasons for his deliberation on a potential future run.
Aurangzeb meets international lenders in Bangkok to secure Pakistan's BB rating
The minister pledged structural reforms and export-led growth to stabilize the economy and restore international credit limits.
Pakistan seeks to expand role in global critical minerals market
The sector currently contributes less than 3 percent to the GDP, but exports could rise from $3 billion to $8 billion.
Pakistan balance of payments deficit reaches $4.39 billion in September
The deficit follows a quarterly balance of payments loss of $3.12 billion, compared to a $274 million surplus in the same period last year.
SNGPL to suspend gas supply to Islamabad areas on 19 October
The suspension allows for essential maintenance on main pipelines to ensure infrastructure stability during the winter season.
Bank of Punjab closes PKR 17 billion Islamic finance facility for Novacare
The funding marks Pakistan's first greenfield hospital project financed under a Syndicated Islamic Project Finance Facility to support a 250-bed facility.
Pakistani freelancers earn record $197 million in September export receipts
The first-quarter earnings for fiscal year 2026-27 reached about $550 million, a 46 percent increase from the same period last year.
JD Vance warns high gas prices will drop after US-Israel war on Iran ends
The US Navy's presence in the Strait of Hormuz currently prevents fuel costs from tripling due to Iranian maritime threats.
Pakistani celebrities share cancer journeys during Breast Cancer Awareness Month
Nadia Jamil, who was diagnosed in 2020, joined other figures in urging women to get tested and not ignore help after realizing it too late.
Pakistan ambassador promotes investment opportunities to Pakistani-American community in California
The diplomat urged the diaspora to leverage their professional networks to bridge trade gaps and highlight Pakistan's growing IT sector.
Pakistan-Russia trade cooperation discussed at Rawalpindi Chamber of Commerce meeting
Business leaders identified key sectors like IT and pharmaceuticals to expand Pakistani market access and improve trade connectivity with Russia.
Ahad Khan Cheema seeks World Bank funding for ML-1 railway and AI program
The meeting aims to align Pakistan's policy reforms with high-impact investments in digital transformation and infrastructure to accelerate development.
CDA plans SCADA system to monitor Islamabad water supply network
The project involves discussions with the International Finance Corporation and a technical assessment of 200 tube wells and 40 water tanks.
Ahsan Iqbal proposes trade exhibitions and student exchanges with Lebanon
The move aims to bolster economic ties and academic cooperation as both nations reaffirm their commitment to bilateral engagement.
Senator Muhammad Aurangzeb discusses Pakistan's economic reforms with Erin Browne
The talks also addressed regional conflict impacts on food security and energy, alongside plans to diversify debt through Sukuk and Panda bonds.
Pakistan reduces petrol prices by Rs3.93 per litre for three days
The price revision follows global market developments including fluctuations in Platts rates and premiums while the import cost of petrol has declined.
IRSOA opposes new Federal Board of Revenue structural reforms
The association warns that repeated restructuring without assessing current measures like digital invoicing could disrupt revenue collection.
Pakistan to chair World Bank and IMF Boards of Governors in 2027
The appointment marks the first time Pakistan will lead these global financial institutions since 1953, highlighting its growing economic influence.
Shehbaz Sharif rejects plan to auction state-owned liquefied petroleum gas
The move prevents a potential 15 percent price hike on domestic cylinders while the government seeks to establish a formal legal framework for LPG sales.