Planet Technology reports June revenue growth in cybersecurity and AI
Planet Technology reports increased sales in cybersecurity and AI as demand for enterprise connectivity and security grows.
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Taxation
USF Fails to Complete Legally Required Audit
Pakistan’s Universal Service Fund fails to complete legally required audit, prompting a high-level investigation.
Memory price hikes hit smartphone production
Memory costs rise, impacting low-end smartphone manufacturing and power amplifier shipments.
Inventec Sees Strong Revenue Growth Amid Server Demand Surge
Inventec reports record-breaking revenue and expects rising server shipments amid component shortages.
Pakistan Sports Board to Act Against Parallel Federations
The Pakistan Sports Board has decided to initiate action against parallel federations, forming committees to address disputes over their status.
Pakistan Seeks to Capitalize on Regional Peace for Economic Growth
Pakistan aims to capitalize on regional peace for economic growth, focusing on reforms and partnerships with Iran.
PAKL Performance Slumps, Rebounds with Margins Showing Growth
PAKL reported net losses for three consecutive years but showed significant margin growth in 2024 and 2025. Export sales declined due to…
Finance Minister Emphasizes Economic Reforms During PBC Meeting
Finance Minister Senator Muhammad Aurangzeb meets with Pakistan Business Council to discuss economic reforms and policy continuity, emphasizing the importa
Tech firms report strong first-half revenue growth
Shuttle Inc and Edom Technology see significant increases in revenue due to higher-value product shifts and high demand for AI servers, respectively.
Yesiang reports strong revenue growth amid foundry expansion
Yesiang reports strong June 2026 revenue growth due to foundry expansion.
Sindh Employees’ Social Security Institution Approves Rs2bn Fund for HIV-Affected Children
Sindh Employees’ Social Security Institution (SESSI) has approved a Rs2 billion endowment fund to support children diagnosed with HIV following infections
KP Chief Minister Urges Federal Government to Postpone Tax Exemption Withdrawal
Khyber Pakhtunkhwa Chief Minister Muhammad Sohail Afridi has written to Prime Minister Shehbaz Sharif requesting a deferral of the proposed tax exemption…
Customs System to Automatically Determine Penalties for Overstayed Cargo
The Federal Board of Revenue introduces an automated system to determine penalties for overstayed cargo at ports, effective August 31, 2026.
PBF Urges Government to Cut Petrol and Diesel Prices
The Pakistan Business Forum (PBF) has called for a reduction in petrol and diesel prices, citing lower international crude oil prices.
JI raises alarm over HIV outbreak and healthcare crisis at Valika Hospital
JI Karachi chief Monem Zafar Khan demands immediate payment of salaries to young doctors and addresses the worsening healthcare crisis in public…
PSW and LUMS Sign MoU to Enhance Trade Facilitation
Pakistan Single Window (PSW) and Lahore University of Management Sciences (LUMS) have signed a Memorandum of Understanding to strengthen trade facilitation
PAKL Reports Slump in Revenue and Profits Amidst Export Challenges
PAKL, a Pakistani public limited company, reported significant losses and declining revenues due to export market challenges. However, recent years have se
Pakistan’s Solar Market Shifts Focus to Battery Storage
Solar panel imports in Pakistan have slowed by 61%, while battery imports have surged. The market is moving towards self-consumption and off-grid…
Amazon Portable Fans Popular Among Music Lovers for Summer Concerts
Portable fans from Amazon are popular among music enthusiasts for staying cool during outdoor events. Learn about their features and benefits.
Finance Minister Praises SECP’s Regulatory Reforms and Digital Transformation
The Finance Minister reviews the performance of SECP, highlighting digital transformation and regulatory reforms aimed at improving ease of doing business.