Prime Minister Shehbaz Sharif Meets with Alibaba Leadership Prime Minister Shehbaz Sharif held a significant meeting on Thursday with a high-level delegation from Alibaba Group, led by James Dong, the company’s president of international markets. The primary focus of the discussions was to explore new avenues for expanding Pakistan’s e-commerce sector and integrating local businesses […]
The Federal Government has finalized plans for the rollout of the Prime Minister’s Laptop Scheme 2025, with the official distribution ceremony scheduled for July 25 at the Jinnah Convention Centre in Islamabad. The announcement was made during a special committee session chaired by Education Minister Dr. Khalid Maqbool Siddiqui. Held to review implementation strategy, the […]
Pakistan’s federal government is set to roll out the Prime Minister’s Fan Replacement Program by the end of July 2025, a move seen as a cornerstone in the country’s energy efficiency drive. Federal Finance Minister Senator Muhammad Aurangzeb, while chairing a detailed readiness review, reiterated the government’s resolve to align energy savings with broader economic […]
The government has implemented revised withholding tax rates for prize bond winnings and profits derived from debt or loan interest under the National Savings Schemes. These new rates reflect a significant increase for non-filers, aiming to encourage individuals to register themselves on the Federal Board of Revenue’s Active Taxpayers List (ATL) and enter the formal […]
In a significant development, the Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, announced that inflation in the fiscal year 2025 has reached its lowest level in nine years. Speaking at the launch of the Women Entrepreneur Finance Code (WeFinance Code), he attributed this achievement to stringent monetary and fiscal policies that have […]
The Pakistan General Insurance Company Limited (PSX: PKGI) has recently found itself at the center of a significant acquisition bid. This development has piqued the interest of investors and industry analysts alike, as the company navigates through a potentially transformative phase. Details of the Acquisition Offer A formal public offer has been launched by Muhammad […]
Consumers Prices in Pakistan have been taken aback by the sudden spike in prices on popular online marketplaces such as Temu and AliExpress. This marked increase, with some products reportedly escalating to three to four times their original price, has raised concerns and prompted widespread discussion among internet users in the country. While the initial […]
Azerbaijan to Invest $2 Billion in Pakistan’s Economic Sector In a significant boost to Pakistan’s economic outlook, Azerbaijan has pledged a $2 billion investment, marking a transformative step in bilateral cooperation between the two nations. The agreement was formalized during Prime Minister Shehbaz Sharif’s visit to Khankandi, following a productive meeting with Azerbaijani President Ilham […]
United Bank Limited (PSX: UBL) has achieved a significant milestone by becoming the second most valuable listed company on the Pakistan Stock Exchange (PSX). The remarkable rise in UBL’s market capitalization was brought into the spotlight by Mohammed Sohail, CEO of Topline Securities, through a post on the social media platform X. According to Sohail, […]
The federal government of Pakistan has introduced a new tax regime, effective from July 1, that affects all types of bank transactions for both tax filers and non-filers. This initiative is part of a broader effort to increase tax revenue and encourage more individuals to become compliant with tax filing requirements. The changes have significant […]
Government The recent reduction in profit rates across most National Savings Schemes marks a significant shift in the financial landscape as the government moves to adjust returns on these popular savings instruments. Effective June 27, 2025, the changes reflect a strategic response to the evolving economic conditions and market expectations. Key Reductions in Savings Schemes […]
On Wednesday, Pakistan Railways announced yet another fare increase for passenger, express, and mail trains, marking the second such hike within just 15 days. This decision comes as a direct response to escalating fuel prices, particularly diesel, which have been putting significant financial pressure on the railway department. Details of the Fare Increase According to […]
Atlas Honda Announces Price Hike Effective July 1, 2025 Pakistan’s leading motorcycle manufacturer, Atlas Honda, has increased prices across its entire lineup by Rs 2,000 to Rs 6,000. The adjustment comes after the federal government imposed a 1% Carbon Levy on imported motorcycle engines in the 2025–26 budget. The new prices are effective from July […]
United Motors Implements Price Adjustment United Motors has officially announced a price increase across its motorcycle range, effective July 2, 2025. The revised pricing comes after the implementation of an 18% Sales Tax and 1% NEV (National Electric Vehicle) Levy. Customers planning to purchase a new bike should take note of the updated rates to […]
Global financial markets have been rocked by the escalating crisis between Israel and Iran, triggering a sharp rally in oil prices and a simultaneous slide in global stock indices. The ongoing geopolitical tensions in the Middle East have raised alarm among investors, prompting a shift towards safer assets and commodities. This development underscores how international […]
Introduction The energy sector in Pakistan has been under intense scrutiny due to rising electricity prices, power shortages, and public outcry over inflated bills. In a significant development, the National Electric Power Regulatory Authority (NEPRA) has hinted at a possible reduction in electricity tariff for K-Electric consumers by Rs.4.69 per unit. If approved, this move […]
In a landmark move to steer the country toward long-term economic stability, Finance Minister Muhammad Aurangzeb unveiled the Pakistan Budget 2025-26, laying down a roadmap filled with structural reforms, digital tax integration, and strategic fiscal tightening. The budget, approved by Prime Minister Shehbaz Sharif and his cabinet, targets both macroeconomic recovery and equitable public relief in […]
Strategic Vision Unfolded at Pakistan Stock Exchange Karachi Electric (KE), the city’s sole power utility provider, unveiled its detailed investment roadmap during a comprehensive corporate briefing session held at the Pakistan Stock Exchange (PSX) this week. The session attracted attention from investors, regulators, and energy sector analysts eager to hear KE’s strategic direction amid evolving […]
In a bold and unprecedented move, the Federal Board of Revenue (FBR) has seized Rs. 80 million directly from Kababjees’ bank accounts without prior notice or warning. This action has sent shockwaves through Pakistan’s business community, raising questions about the FBR’s methods and the broader implications for businesses operating in the country. The Incident Kababjees, […]
Punjab Chief Minister Maryam Nawaz has taken a decisive step towards addressing the rising cost of living by ordering a significant reduction in roti prices across the province. This move, aimed at providing relief to the common people, reflects her administration’s focus on food security and economic justice in one of Pakistan’s most populous regions. […]
