کاروبار

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.

Aurangzeb highlights Pakistan's economic reforms at Bank of America symposium in Bangkok

The senator detailed efforts to secure long-term financing and improve export competitiveness during the World Bank Group–IMF Annual Meetings.

Pakistan Power Division limits September fuel price adjustment to Rs2.56 per unit

Targeted load management and domestic pricing for imported gas saved consumers from a potential price hike of up to Rs6 per unit.

FBR extends income tax return filing deadline to 31 October 2026

The move follows pleas from trade bodies citing technical glitches and complex new disclosure requirements on the IRIS portal.

Reese Witherspoon and Mediawan Partners buy back Hello Sunshine from Candle Media

The production company, which Witherspoon founded in 2016, reached a valuation of nearly 1 billion dollars during its time with Candle Media.

Muhammad Aurangzeb reaffirms national ownership of IMF-backed economic reforms in Thailand

The Finance Minister aims to convert macroeconomic stability into public welfare by prioritising revenue mobilisation and debt management.

Artificial intelligence integrates into global banking and investment platforms

Al-Areesh vessel berths at Engro LNG terminal to resume regasification

The arrival of the first October cargo follows a period of zero regasification at major terminals and ongoing pipeline disruptions.

National Bank of Pakistan updates foreign exchange rates for 15 October settlement

The Treasury Management Division released new buying and selling prices for major global currencies including the US dollar, Euro, and British pound.

Ali Pervaiz Malik attends International Energy Forum in Riyadh to discuss cooperation

The minister sought to secure energy supplies and investment by meeting with officials from Libya, Qatar, and Turkey during the ministerial summit.

Pakistan lowers petrol prices for 24 hours as OGRA updates fuel rates

The price of petrol fell by Rs. 2.71 per litre on Wednesday, while diesel saw a marginal decrease of Rs. 0.03.

LCCI President pledges government intervention for Ferozepur Road industrial concerns

The chamber aims to replace criminal proceedings with fines and establish a dedicated complaint cell linked to the Prime Minister's dashboard.

Senator Muhammad Aurangzeb promotes Pakistan's economic reforms to international investors in Bangkok

The official highlighted improved fiscal balances and renewed access to global capital markets as the country seeks sustainable, export-led growth.

Malaysia calls for expanded trade and investment ties with Pakistan

The move seeks to deepen a strategic partnership established in 2019 by boosting cooperation in palm oil, education, and tourism.

Muhammad Aurangzeb outlines three priorities for Pakistan's G-24 chairmanship

The incoming chair aims to reform the international financial architecture to address climate shocks and restrictive global financial conditions.

Pakistan Tax Bar Association requests December extension for income tax returns

Taxpayers face technical hurdles with the IRIS portal and incorrect minimum tax calculations despite a recent deadline extension to October 15.