Systems Limited Posts 48% Profit Growth, Reaches Rs. 11 Billion in 2025
Systems Limited has delivered a strong financial performance for the year 2025, highlighting its continued growth in Pakistan’s IT sector.…
Category: Economy
Nearly 50 LNG Tankers Sit Idle Across Asia Amid Gulf Conflict Disruptions
Almost 50 liquefied natural gas (LNG) carriers connected to Qatar exports are currently stranded across Asia, underscoring the severe impact…
CCP Proposes Key Reforms to Revive Pakistan’s Solar Energy Market
The Competition Commission of Pakistan has unveiled a comprehensive study aimed at addressing the challenges facing the country’s solar energy…
Rupee Extends Historic Winning Streak Against US Dollar Amid Broader Currency Pressures
The Pakistani rupee continued its remarkable upward trajectory against the US dollar, marking its 133rd consecutive session of gains on…
SECP Approves Pakistan’s First Riba-Free Credit Risk-Sharing Product
In a groundbreaking move for Islamic finance in Pakistan, the Securities and Exchange Commission of Pakistan has approved the country’s…
Should Pakistan Shift from Dollar to Gold? Rising Global Tensions Spark Economic Debate
Pakistan’s financial policymakers are facing renewed pressure to rethink the country’s foreign reserve strategy as geopolitical tensions intensify across the…
United Motorcycle Increases Prices in Pakistan Amid Rising Costs
United Auto Industries (Pvt.) Ltd. has announced a fresh increase in motorcycle prices across Pakistan, citing rising production expenses and…
Sri Lanka Faces Renewed Economic Pressure Amid Energy Crisis and Cyclone Fallout
Sri Lanka is once again navigating a fragile economic situation as global energy disruptions and the aftermath of a devastating…
Punjab to Provide Electric Bikes to Excise Department Employees to Boost Performance
The Punjab government has unveiled a plan to provide electric bikes to Excise Department employees as part of a strategy…
Govt Raises Kerosene Oil Price by Over Rs. 34 per Litre Amid Fuel Cost Pressures
Pakistan’s fuel consumers are set to face another financial burden as the government has approved a significant hike in kerosene…
Fuel Prices Surge in Pakistan as Petrol Hits Rs 458.40 and Diesel Crosses Rs 520
In a major development impacting millions of citizens, the government has announced a sharp increase in fuel prices across Pakistan.…
Pakistan’s Affordable Housing Scheme Faces Delays Amid Funding Challenges
The government’s flagship housing initiative, Apni Chhat Apna Ghar Scheme, is facing significant delays due to funding shortfalls. The project,…
IFC Pledges $2.7 Billion to Boost Pakistan’s Economic Growth and Private Sector
Pakistan’s economic outlook has received a significant boost as the International Finance Corporation (IFC) commits approximately $2.7 billion for the…
JazzWorld and VEON Leadership Engage Pakistani Government on Digital Transformation and Inclusion
JazzWorld CEO Aamir Ibrahim, accompanied by Kaan Terzioglu and senior leadership, held a series of strategic meetings with key government…
Kuwait Commits Special Diesel and Jet Fuel Supply Support to Pakistan
Kuwait has pledged to facilitate the delivery of diesel and jet fuel to Pakistani-flagged vessels, following high-level discussions in Islamabad.…
Senate Panel Orders Possible Arrest of FBR Chairman in Rs. 25 Crore Cigarette Theft Case
A major controversy has erupted as a Senate subcommittee has directed strict action in the high-profile cigarette theft case, warning…
Countries with the Lowest Average Salaries in 2023: Where Pakistan Stands Globally
A recent global comparison of average monthly salaries has highlighted the stark income disparities across countries, with several developing economies…
No Smart Lockdown in Pakistan, Government Rejects Viral Claims as Misleading
Recent reports suggesting that Pakistan has announced a nationwide “smart lockdown” along with strict austerity measures have been categorically denied…
Brent Surges Past $115 as Middle East Conflict Deepens and Supply Risks Intensify
Global oil markets are on edge as Brent Crude surged above $115 per barrel, driven by escalating tensions in the…
Luxury Imports in Pakistan Face Up to 60% Taxes, Driving Prices Higher
The cost of imported luxury and non-essential goods in Pakistan has surged sharply, with total taxes reaching as high as…