China’s CHEC Proposes $522 Million Plan for New Keti Bunder Deep-Water Port
China Harbour Engineering Company (CHEC) has proposed a preliminary engineering cost of $522.34 million for the first phase of a…
Tag: Pakistan economy
Pakistan Eyes $400 Million Annual Remittance Savings Through Regulated Stablecoins
Pakistan could potentially save around $400 million every year by using regulated stablecoins for remittances, according to Bilal bin Saqib,…
RLNG Power Generation Cost Hits All-Time High in Pakistan
The cost of generating electricity from regasified liquefied natural gas (RLNG) in Pakistan reached an all-time high of Rs. 47.4…
Govt Increases Petroleum Dealers’ Margin by 15.5% Effective September 1
The government has approved an increase in the petroleum dealers’ margin on motor gasoline and high-speed diesel, raising the amount…
Gold Rises Back Above Rs. 4.6 Lakh in Pakistan
Gold prices in Pakistan started the new week on a stronger note, with the price of one tola rising by…
Investors Seek Dollar Payments and Contract Protection in Pakistan DISCO Privatization
Prospective investors interested in buying three of Pakistan’s major power distribution companies are seeking stronger financial protections before moving forward…
Business Leaders Urge Government to Build More Predictable Tax System
Business leaders have called on the federal government to introduce a more predictable and transparent tax system, arguing that greater…
Mari Energies Reports Record Rs. 87.1 Billion Profit for FY2026, Announces Higher Dividend
Mari Energies Limited has posted its highest-ever annual profit, reporting a standalone net profit of Rs. 87.1 billion for the…
SECP Registers Record 5,438 New Companies in July as Pakistan’s Business Confidence Strengthens
Pakistan’s corporate sector reached a historic milestone as the Securities and Exchange Commission of Pakistan (SECP) recorded its highest-ever monthly…
Gold Prices Surge by Rs. 10,000 Per Tola in Pakistan Amid Global Market Rally
Gold prices in Pakistan witnessed a significant jump on Wednesday, with the precious metal becoming Rs. 10,000 more expensive per…
Pakistan Invites Japan to Co-Finance ML-1 Railway Project to Strengthen Infrastructure Partnership
Pakistan has formally invited the Japan International Cooperation Agency (JICA) to co-finance the Main Line-1 (ML-1) Railway Project, one of…
Sindh Drives 32% Surge in Pakistan’s Cotton Production Despite Slight Decline in Punjab
Pakistan’s cotton sector has recorded a strong start to the new harvesting season, with seed cotton (phutti) arrivals increasing by…
FBR Surpasses July Tax Target with Rs. 820 Billion Collection, Giving FY27 a Strong Start
Pakistan has kicked off the fiscal year 2026-27 on a positive financial note as the Federal Board of Revenue (FBR)…
Business Community Criticizes SBP for Keeping Interest Rate at 11.5%
Pakistan’s business community has expressed strong disappointment after the State Bank of Pakistan (SBP) decided to keep the policy interest…
JS Bank Complaint Leads to FIR Against Four Southland Flour Mill Partners Over Alleged Rs. 100 Million Loan Default
A criminal case has been registered against four partners of M/s Southland Flour Mill after JS Bank Limited accused them…
Gold Prices Continue to Fall in Pakistan as Global Market Weakness Pushes Rates Lower
Gold prices in Pakistan extended their downward trend on Friday, providing some relief to buyers as domestic bullion rates dropped…
Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase
Gold prices in Pakistan continued their upward trend on Wednesday, rising for the fourth consecutive day amid another increase in…
Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets
Global oil prices climbed above $95 per barrel on Wednesday as escalating tensions between the United States and Iran sparked…
FBR Proposes Independent Scrutiny Committees to Ensure Only Strong Tax Cases Reach Higher Courts
The Federal Board of Revenue (FBR) has proposed a significant reform aimed at improving Pakistan’s tax litigation process by ensuring…