Bank lending to Pakistan’s private sector continued to decline during the first 45 days of the current fiscal year, while Non-Bank Financial Institutions also faced a...
The Federal Board of Revenue (FBR) has introduced new measures to accelerate sales tax registration for businesses. Applications submitted through the IRIS portal will undergo risk-based...
The Economic Coordination Committee, chaired by Finance Minister Muhammad Aurangzeb, approved the release of PASSCO wheat stocks comprising 85% locally procured and 15% imported wheat. The...
Moody’s Ratings upgraded Pakistan’s local and foreign currency issuer and senior unsecured debt ratings from Caa1 to B3, citing stronger foreign exchange reserves, improved governance, lower...
Phase-I development of the proposed Keti Bandar Port in Sindh is estimated to cost $522.34 million. The plan includes a 500-metre multi-purpose terminal designed to support...
Pakistan Customs collected a record Rs14.93 billion in revenue from Chinese imports through the Khunjerab Pass during FY2025-26, up from Rs13.67 billion in FY2024-25. Meanwhile, Pakistan...
Pakistani exporters have warned of severe vessel-space shortages and soaring sea freight costs following a nine-day nationwide goods transporters’ strike. Reported economic losses reached Rs450 billion,...
CMPak Limited (Zong) has sought Sindh government support for an AI-ready Tier III data centre in Karachi’s Korangi Industrial Area. The proposed facility will accommodate around...
Finance Minister Muhammad Aurangzeb met a high-level Silk Road Fund delegation led by Chairperson Zhu Jun to explore investment opportunities and strengthen Pakistan-China economic cooperation. The...
The United States imposed 50% tariffs on approximately $20 billion worth of Canadian goods after trade negotiations between the two allies collapsed. Both countries accused each...
