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…
Tag: Pakistan economy
Petrol Dealers Struggle as Delayed Payments and Smuggled Fuel Intensify Industry Challenges
Pakistan’s petroleum retail sector is facing growing uncertainty as oil marketing companies and fuel dealers grapple with delayed payments, rising…
Pakistan Slashes Jet Fuel Prices, Offering Major Relief to Airlines
The Government of Pakistan has announced a significant reduction in jet fuel prices, providing much-needed relief to airlines and aviation…
Govt Likely to Increase Fuel Tax to Rs. 180 Per Litre in Upcoming Budget
The federal government is likely to increase taxes on petroleum products in the upcoming fiscal year as part of efforts…
Pakistan Would Need Nearly 14,000 Years to Clear Circular Debt at Rs. 10 Lac Per Day
Pakistan’s growing circular debt crisis in the power and gas sectors has once again raised serious concerns about the country’s…
Pakistan’s Leading Glass Manufacturer Expands with New 10-Acre Production Facility in Sheikhupura
Tariq Glass Industries Limited has announced another major step in its industrial expansion strategy by securing land for a new…
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…
Govt May Increase Electricity Prices in Pakistan Ahead of Budget
Electricity consumers across Pakistan, including those served by K-Electric, may soon face a potential increase in power tariffs as authorities…
Govt Claims Timely Action Prevented Major Electricity Price Hike During US-Iran Conflict
Pakistan’s Ministry of Energy (Power Division) has claimed that strategic planning and timely interventions helped protect electricity consumers from a…
Pakistan Assures IMF of Continued Electricity and Gas Price Hikes Under Energy Reforms
The Pakistan government has assured the International Monetary Fund (IMF) that electricity and gas prices will continue to rise in…
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…
Government Defends Fuel Price Hike as Petroleum Levy Reaches Rs117 Per Litre
Pakistan’s rising fuel prices once again came under scrutiny after officials from the Petroleum Division attributed the latest increase in…
Pakistan to Launch Local Insulin Production with $80 Million Russian Investment
Pakistan is set to take a major step toward strengthening its healthcare and pharmaceutical sector as Russian pharmaceutical company Zavod…
Government Moves to Revive $6 Billion Refinery Investments Through Tax Relief Measures
The Government of Pakistan has taken fresh steps to revive nearly $6 billion worth of planned refinery investments by addressing…
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…
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…
Pump Owners Seek Rs. 82.5 Billion Relief Amid War-Driven Fuel Crisis
Pakistan’s fuel retail sector is facing mounting financial strain as petrol pump owners and oil marketing companies (OMCs) push for…
State Bank of Pakistan Raises Interest Rate to 11.5% Amid Economic Pressures
The State Bank of Pakistan has increased the policy rate by 100 basis points, bringing it to 11.5 percent following…