Global Oil Prices Jump 6% After Trump Declares Iran Ceasefire Over
Global oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran reignited concerns over energy…
Tag: Business News
HBL to chair SCO Interbank Consortium for 2026-27, boosting regional financial cooperation
HBL has been nominated to serve as the Chair of the Council of the Shanghai Cooperation Organization Interbank Consortium (SCO…
Government Plans Faster Petrol Price Relief as New Weekly Pricing Mechanism Under Review
The federal government is preparing to introduce a new pricing mechanism for petroleum products that could allow consumers to benefit…
APTMA Urges FBR to Revise Sales Tax Penalty Proposals in Finance Bill 2026
Pakistan’s textile sector has raised concerns over proposed amendments to sales tax penalties included in the Finance Bill 2026, warning…
Pakistan’s Economy Gains Momentum as Finance Minister Projects Stronger Growth and Lower Inflation
Pakistan’s economy has entered a phase of recovery and stabilization, according to Finance Minister Muhammad Aurangzeb, who expressed confidence that…
Pakistan Railways Expands Privatization Plan, Puts 15 Passenger Trains Up for Auction
Pakistan Railways has taken another step toward expanding private sector participation in the country’s rail network by increasing the number…
SECP Eases IPO Rules to Enable More Established Businesses to List on PSX
The Securities and Exchange Commission of Pakistan (SECP) has introduced significant reforms aimed at making it easier for established businesses…
Hascol Approves Major Debt Restructuring Plan to Support Business Revival
Hascol Petroleum Limited has approved a major debt restructuring plan aimed at supporting the company’s financial recovery and long-term business…
Textile Sector Urges Government for Tax, Energy and Financial Relief in Budget 2026-27
Pakistan’s textile and apparel industry has presented a detailed set of recommendations for the Federal Budget 2026-27, urging the government…
PSW and TDAP Sign MoU to Accelerate Pakistan’s Digital Trade and Export Growth
Pakistan Single Window and Trade Development Authority of Pakistan have signed a Memorandum of Understanding (MoU) aimed at strengthening Pakistan’s…
Sea Link Group Acquires Stake in Major Pakistan Container Terminal Operator
Pakistan’s maritime and logistics sector is witnessing a notable development as Pakistan International Container Terminal Limited (PICT) has been officially…
Attock Refinery Posts Second-Highest Profit as Fuel Prices Surge in FY26
Attock Refinery Limited (PSX: ATRL) has reported a remarkable financial performance for the third quarter of FY26, posting its second-highest…
Petrol and Diesel Prices Rise Sharply as Government Raises Taxes Under IMF Programme
Fuel prices in Pakistan have surged once again after the government increased petrol and diesel rates by Rs. 26.77 per…
K-Electric Appoints Shaheryar Chishti as New Chairman Following Board Elections
K-Electric Limited has announced the appointment of Shaheryar Chishti as the new Chairman of its Board of Directors, marking a…
Luxury Imports in Pakistan Face Up to 60% Taxes, Driving Prices Higher
The cost of imported luxury and non-essential goods in Pakistan has surged sharply, with total taxes reaching as high as…
Pakistan–Saudi Investment Ties Strengthen at WEF Davos Meeting
Pakistan and Saudi Arabia have taken significant steps to strengthen their economic partnership as Finance Minister Muhammad Aurangzeb met with…