Latest Stories
Askari Bank Reports 25% Increase in Profit for First Half of 2026
Askari Bank Limited reports a 25% increase in profit after tax for the first half of 2026, with strong growth in fee…
Citi Expands Banking Operations in Pakistan to Over $1 Billion Balance Sheet
Citi has expanded its banking operations in Pakistan to over $1 billion as part of its global strategy.
Sri Lanka’s inflation hits 7.3% in July, highest in three years
Sri Lanka's key inflation index rises to 7.3% in July, the highest in three years due to soaring fuel prices and food…
Security Papers Ltd Reports Strong Profit and Expands Operations
Security Papers Limited reports strong financial results and plans upgrades for Paper Machine-2 to enhance production quality.
FBR to Shut Down IRIS System for Maintenance
The Federal Board of Revenue will shut down the IRIS platform for maintenance from August 8-10.
PKR Continues Strong Performance Against USD
Pakistani rupee gains one paisa against US dollar for 210th consecutive day.
Pakistan Faces $200 Million US Investment Risk Over Mining Lease Dispute
Punjab government cancels PMDC's rock salt mining lease, jeopardising a proposed $200 million US investment in downstream processing.
CCP Approves Stonepeak Partners’ Acquisition of BP’s Global Castrol Business
The Competition Commission of Pakistan has approved the acquisition of BP’s global Castrol lubricants business by a U.S.-based investment firm.
Government Considers Abolishing Right-of-Way Fees to Boost Fiber Optic Network
Pakistan’s government discusses scrapping right-of-way fees as part of a plan to accelerate fiber-optic network deployment and expand high-speed internet a
PTCL Seeks Digital Wallet Acquisition Post Telenor Deal
Pakistan Telecommunication Company Limited (PTCL) has approved a binding offer to acquire a digital wallet, following its acquisition of Telenor Pakistan.
Musk denies reports of Tesla-China business separation
Elon Musk dismisses reports of Tesla executives preparing for China business sale, citing 'absurdly fake news'.
KSE-100 Soars Over 1,200 Points as Buying Returns
The KSE-100 Index gained over 1,200 points in early trading as buying returned to the Pakistan Stock Exchange.
Government Considers Targeted Fuel Subsidies Amid Gulf Tensions
Government considers reintroducing targeted fuel subsidies if Middle East tensions persist, as defended by Petroleum Minister Ali Pervaiz Malik.
FBR Launches Comprehensive Data Collection for Edible Oil and Ghee Manufacturers
The Federal Board of Revenue initiates a comprehensive data collection exercise to implement electronic production monitoring in the edible oil and ghee…
TDAP, LCCI and PIFD Collaborate to Boost Women Entrepreneurs in Fashion
Textile & Leather Division of TDAP, PIFD and LCCI organize training programme to enhance women entrepreneurs' skills in fashion.
Federal Minister Malik Chairs Fifth Meeting on Petroleum Pricing
Federal Minister for Petroleum Ali Pervaiz Malik chaired the fifth meeting to review petroleum pricing mechanisms.
Federal Minister Chairs Meeting with Saudi Investors
Pakistan's external sector pressure eases as Saudi Arabia rolls over $5 billion debt for three years. Federal Minister Qaiser Ahmed Sheikh chairs…
PSX Plummets as US-Iran Tensions Drag Down Market
The Pakistan Stock Exchange (PSX) closed lower due to geopolitical uncertainty, with BAFL reporting a strong Q2 result. Oil prices and market…
FBR Issues Rs. 8.2 Billion Tax Evasion Notice to PSO
The Federal Board of Revenue has issued a notice to Pakistan State Oil for alleged tax evasion worth Rs 8.2 billion, along…
FBR Launches Nationwide Exercise to Map Edible Oil and Ghee Producers
The Federal Board of Revenue has initiated a nationwide exercise to compile a complete database of edible oil and ghee producers, with…