A high-level Iranian delegation is likely to arrive in Islamabad tonight, signaling a fresh wave of diplomatic engagement in the region. According to government sources, Abbas Araghchi is expected to lead a small but significant negotiating team during this visit to Islamabad. The visit comes at a critical time, as discussions surrounding a potential second […]
The Rawalpindi Municipal Corporation has initiated a public consultation process regarding the naming of newly developed infrastructure at District Courts Chowk and surrounding areas. Citizens have been invited to submit objections and suggestions on the proposed names for the Kutchery Chowk flyover and underpasses. According to officials, the chief officer of the corporation has recommended […]
Pakistan has received its first commercial shipment from Kyrgyzstan through a newly activated trade corridor that passes via China, marking a significant development in regional logistics and connectivity. The consignment reached the Sost Dry Port in Gilgit-Baltistan, signaling the operational start of an alternative trade route that bypasses Afghanistan. The shipment entered Pakistan through the […]
The Pakistan Stock Exchange has ordered mandatory share buybacks for three listed companies after their failure to clear outstanding financial obligations. The decision affects Haseeb Waqas Sugar Mills Limited, Dadabhoy Construction Technology Limited, and Imperial Limited. According to the exchange, majority shareholders of these firms will be required to provide an exit mechanism for minority […]
Beko, a subsidiary of Koç Holding, has announced a $20 million investment to modernize the manufacturing infrastructure of Dawlance. The move marks a significant step toward strengthening industrial capabilities and expanding advanced production in Pakistan’s home appliances sector. The investment focuses on upgrading Dawlance’s refrigerator manufacturing operations. It aims to introduce modern production techniques, enhanced […]
Pakistan’s law enforcement and revenue agencies are investigating a high-profile case involving the alleged disappearance and tampering of a large quantity of seized silver during official transit. The Federal Investigation Agency (FIA) and Pakistan Customs have agreed to form a joint investigation committee after serious discrepancies were discovered in a consignment originally seized in Quetta […]
Pakistan’s upcoming federal budget for 2026-27 is expected to bring only modest relief for salaried individuals, while introducing stricter fiscal measures to align with commitments made to the International Monetary Fund. According to early indications, the government is preparing a budget framework that prioritizes economic stability over broad-based tax relief. This means salaried taxpayers may […]
Pakistan has successfully increased its latest Eurobond issuance to $750 million, signaling renewed investor confidence in the country’s economic outlook. The move comes after strong demand from international institutional investors, prompting authorities to activate a $250 million green shoe option. Initially launched at $500 million, the three-year Eurobond quickly gained traction in global capital markets. […]
The Punjab Transport Department has ordered a reduction in public transport fares across the province following a decrease in diesel prices announced by Shehbaz Sharif. The decision was finalized during a meeting between transport authorities and transporters held at Transport House, where both sides agreed to pass on the benefit of lower fuel costs to […]
Gold prices in Pakistan staged a swift recovery after recent declines, reflecting renewed momentum in both local and international bullion markets. The rebound comes amid a noticeable surge in global rates, particularly influenced by trading activity across Gulf and European regions. In the international market, gold prices climbed by $45 per ounce, reaching $4,837 per […]
The Pakistan Airports Authority has extended its Notice to Airmen (NOTAM) until April 30, directing all airlines operating flights to and from Pakistan to carry additional fuel from international stations. The advisory reflects continued precautionary measures to ensure uninterrupted flight operations. According to the directive, airlines are required to uplift extra fuel before arriving in […]
The administration in Islamabad has issued a revised notification introducing stricter closing hours for businesses as part of ongoing energy conservation efforts. The updated directive broadens the scope of earlier restrictions and reflects increasing urgency to manage electricity consumption. The order, released by the office of Deputy Commissioner Irfan Nawaz Memon, updates a previous notification […]
Minister of State for Finance Bilal Azhar Kiani is set to visit Karachi on April 18 and 19 for a series of high-level engagements with the country’s leading business and trade organizations. The visit comes at a crucial time as Pakistan navigates ongoing economic challenges and seeks stronger collaboration between the government and the private […]
The Punjab Safe Cities Authority (PSCA) has issued an alert to citizens regarding an increase in fraudulent SMS messages posing as official e-challan notifications. The authority has urged the public to remain vigilant as scammers attempt to steal sensitive financial information through deceptive tactics. According to a PSCA spokesperson, cybercriminals are sending fake messages from […]
Pakistan’s salt exports have recently come under scrutiny as international buyers begin rejecting shipments due to substandard packaging practices. The issue has raised concerns across the export sector, prompting authorities and industry stakeholders to take immediate corrective action. In response, the Pakistan Customs Export Collectorate has issued clear directives requiring exporters to adopt proper and […]
K-Electric Limited has announced the appointment of Shaheryar Chishti as the new Chairman of its Board of Directors, marking a significant leadership transition for one of Pakistan’s largest power utilities. The development was formally communicated to the Pakistan Stock Exchange through an official notification on Wednesday. According to the filing, the decision was finalized during […]
The government of Sindh has approved a fresh expansion of its public transport system, aiming to improve connectivity and make commuting more accessible across key districts. The latest initiative includes the launch of new routes under the provincial bus service network, along with additional improvements to existing transport facilities. The decision was taken during a […]
The Punjab government has initiated a major wheat procurement drive aimed at supporting farmers and stabilizing the agricultural economy. Under the new directive, authorities have been instructed to begin purchasing wheat at a fixed rate of Rs3,500 per 40 kilograms across the province, signaling a proactive approach toward ensuring fair compensation. The decision was finalized […]
Pakistan may face severe long-term economic consequences from climate change, with potential losses projected to reach up to 6 percent of GDP by 2050 if urgent mitigation measures are not implemented. The warning comes from a new study released by the Competition Commission of Pakistan, which highlights the country’s growing vulnerability to climate-related risks. The […]
Global oil markets witnessed a sharp correction as prices fell to their lowest levels since the Gulf conflict earlier this year. The decline comes amid easing geopolitical tensions following a temporary ceasefire agreement between the United States and Iran, with diplomatic talks set to take place in Pakistan. Benchmark Brent crude for June delivery dropped […]
