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Industry Faces Crisis as High Power Costs and Taxes Threaten Pakistan’s Manufacturing Sector

Pakistan’s manufacturing sector is teetering on the edge, with persistently high energy costs, expensive credit, and heavy taxation raising alarms among business leaders. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to declare an industrial emergency to prevent further decline. FPCCI President Atif Ikram Sheikh highlighted the challenges, noting […]

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National Savings Announces Rs. 750 Prize Bond Draw Results for January 2026

The National Savings Centre in Peshawar has officially announced the results of the Rs. 750 prize bond draw for January 2026, bringing anticipation and excitement to thousands of bondholders across Pakistan. Prize bond draws continue to remain a popular savings-linked scheme, offering citizens a chance to win substantial cash prizes while keeping their investments secure. […]

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Ziarat Pir Hassan Shah Island to Be Developed as Eco-Tourism Hub Near Karachi

The federal government has announced plans to transform Ziarat Pir Hassan Shah Island, located off the Karachi coast, into a modern eco-tourism hub aimed at boosting sustainable development and coastal economic activity. The announcement was made by Junaid Anwar Chaudhry, Federal Minister for Maritime Affairs, who outlined an ambitious vision for the island’s future. According […]

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Pakistan Signs MoU With World Liberty Financial to Strengthen Digital Payments and Fintech Ecosystem

Pakistan has taken another step toward strengthening its digital financial landscape by signing a Memorandum of Understanding with SC Financial Technologies LLC, an affiliated entity of World Liberty Financial. The agreement is aimed at expanding cooperation in digital financial services and accelerating the country’s shift toward modern, technology-driven payment systems. The MoU was signed between […]

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Pakistan’s Automotive Industry Accelerates With 46% Sales Growth in First Half of Fiscal Year

Pakistan’s automotive industry has staged a strong comeback in the first half of the current fiscal year, recording a robust 46 percent increase in vehicle sales compared to the same period last year. The surge reflects improving market sentiment and renewed consumer interest, according to fresh data released by the Pakistan Automotive Manufacturers Association. Between […]

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ML-I Project Launch Date Announced as Pakistan Railways Plans Major Upgrade from Karachi Port

Pakistan Railways has announced a significant development in its long-awaited railway modernization drive, confirming that work on the Main Line-I (ML-I) project will begin from Karachi Port in July 2026. The announcement marks a key milestone in efforts to overhaul the country’s rail infrastructure and strengthen cargo and passenger connectivity across Pakistan. The confirmation came […]

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PNSC Expands Fleet With Addition of Aframax Tanker MT Karachi

The Pakistan National Shipping Corporation has strengthened its maritime capabilities with the induction of a new Aframax tanker into its managed fleet. The development was disclosed through a formal stock filing submitted to the Pakistan Stock Exchange, reflecting the corporation’s continued focus on expanding capacity in the oil transportation segment. According to the filing, the […]

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Pakistan’s Judiciary to Get Big Data Analytics System Under NITB Initiative

The National Information Technology Board (NITB) is preparing to introduce a big data–driven analytics dashboard for Pakistan’s courts, aiming to modernize judicial processes and enhance decision-making, officials confirmed during a recent review meeting. The session, chaired by Prime Minister Muhammad Shehbaz Sharif, focused on accelerating digital governance reforms and leveraging technology to improve public service […]

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Finance Minister Signals Pakistan’s Move Toward a Regulated Crypto Framework

Pakistan is steadily moving closer to adopting a regulated digital asset ecosystem, signaling a major policy shift in how the country views cryptocurrencies and virtual assets. The federal government aims to bring growing crypto-related activity into a structured, transparent, and secure financial framework that aligns with global best practices. The initiative reflects rising interest among […]

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DPM Ishaq Dar Reviews Preparations for 9th OIC Ministerial Conference on Women

Deputy Prime Minister and Finance Minister Senator Mohammad Ishaq Dar chaired a high-level committee meeting on Wednesday to review preparations for the 9th OIC Ministerial Conference on Women, scheduled to be hosted by Pakistan in 2026. During the meeting, the deputy PM directed finalisation of arrangements, logistics, and thematic sessions, stressing the importance of smooth […]

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NDC Calls on Government to Ease Political Tensions and Stabilise Economy

The National Dialogue Committee (NDC) has urged Pakistan’s top leadership to initiate direct political dialogue with opposition parties to reduce tensions and stabilise the country’s democratic and economic environment. The call came during a national conference held in Islamabad on Wednesday, attended by major political leaders, journalists, lawyers, and other stakeholders. The NDC, recently formed […]

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Defense Minister Claims Pakistan’s Growing Defense Orders Could Reduce IMF Dependence

Pakistan’s Defense Minister, Khawaja Muhammad Asif, has made a bold claim that increasing international orders for the country’s defense equipment could improve the economy and reduce reliance on the International Monetary Fund (IMF). The statement comes in the wake of Pakistan’s heightened global attention following the May 2025 conflict with India. Speaking on a private […]

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Court Questions Why Super Tax Funds Were Not Fully Used for Displaced Persons

A judge of the Federal Constitutional Court has raised serious concerns over the utilization of funds collected through the super tax, questioning why the majority of the money was not spent on the rehabilitation of internally displaced persons (IDPs), which was the stated purpose of the levy. During court proceedings, Justice Syed Hassan Azhar Rizvi […]

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PSX Settles at Record High as Investors Anticipate SBP Interest Rate Cut

The Pakistan Stock Exchange (PSX) began the New Year on a strong footing, closing at a fresh record high as bullish sentiment dominated the market. Aggressive buying activity, particularly from local mutual funds, set the pace for a decisive upward move, reflecting renewed investor confidence. Market participants remained optimistic ahead of the State Bank of […]

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Islamabad’s Rs 10.2 Billion 10th Avenue Road Project Faces Fresh Delays Despite Repeated Extensions

The long-awaited 10th Avenue road project in Islamabad has encountered yet another delay, raising serious concerns about planning, execution, and accountability within the Capital Development Authority (CDA). Despite the completion of several major infrastructure schemes across the capital in 2025, the strategically important project remains incomplete. Launched in 2022 with an approved cost of Rs […]

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Ishaq Dar Arrives in Beijing for 7th Pakistan-China Strategic Dialogue

Deputy Prime Minister and Foreign Minister Ishaq Dar arrived in Beijing on an official visit, highlighting the growing significance of Pakistan-China relations and regional diplomacy. Upon landing, Dar was warmly received by Yue Xiaoyong, China’s Special Representative for Afghanistan, signaling the high-level importance of the visit. The seventh Pakistan-China Strategic Dialogue is scheduled for Sunday, […]

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President Approves New CDA Law Introducing Flexible Land Compensation

President Asif Ali Zardari has signed the CDA Amendment Bill 2025, bringing significant changes to the compensation framework for property owners whose land is acquired by the government. Under the newly approved law, compensation will no longer be limited to cash payments. Property owners may now receive land or other government-approved forms of compensation, providing […]

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Pakistan, Saudi Arabia Discuss Energy and Mineral Cooperation

Islamabad: Minister for Petroleum Ali Pervaiz Malik met with Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki today to discuss strengthened cooperation in the energy and mineral sectors between the two countries. The meeting focused on enhancing bilateral ties and exploring investment opportunities in Pakistan’s mineral resources. During the discussion, Minister Malik confirmed that Pakistan […]

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Govt Finalizes ‘Made in Pakistan’ Electronics Policy to Support Local Products

The federal government has finalized the ‘Made in Pakistan’ Electronics Manufacturing Policy, a major step aimed at strengthening domestic production and reducing reliance on imported finished electronic goods. According to a report, the policy lays the foundation for local manufacturing of mobile phones, laptops, computers, tablets, and a wide range of other electronic products, signaling […]

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HBL Pakistan Manufacturing PMI Hits 10-Month High as Industrial Momentum Strengthens

Pakistan’s manufacturing sector closed 2025 on a positive note as the HBL Pakistan Manufacturing Purchasing Managers’ Index (PMI) rose to a 10-month high in December. Compiled by S&P Global, the PMI increased to 52.8 from 52.3 in November, marking its strongest reading since February and signaling a sustained expansion in manufacturing activity. The improvement was […]