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Pakistan rice exports fall 35pc despite govt subsidies
ISLAMABAD: The Ministry of Commerce has offered rebates under a duty drawback scheme, including 3 percent for coarse rice and...
SBP notifies two-day bank holidays for Eid-ul-Fitr 2026
KARACHI: The State Bank of Pakistan (SBP) has officially declared that all banks will remain closed for two days to...
CCP authorizes Maple Leaf Cement’s acquisition of shares in Faysal Bank
ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of shares of Faysal Bank Limited by Maple Leaf...
SECP okays new annuity products to provide retirement income
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved new annuity products aimed at providing stable income for...
Weekly inflation heats up in Pakistan as prices soar 6.44pc YoY
ISLAMABAD: Pakistan’s weekly inflation, measured through the Sensitive Price Indicator (SPI), climbed 6.44% year-on-year for the week ending March 11,...
Machinery imports rise 12.88pc in seven months
ISLAMABAD: The imports of the overall machinery group increased by 12.88 percent during the first seven months of the current...
SMEDA reaffirms resolve to empower women entrepreneurs
LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) continues to play a vital role to provide an enabling business...
SECP launches digital UBO Registry to strengthen corporate transparency
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched a digital Ultimate Beneficial Ownership (UBO) Registry to strengthen...
SECP engagement leads to mandatory motor third-party insurance in Sindh
ISLAMABAD: The Government of Sindh has formally introduced amendments in the Motor Vehicles (Amendment) Act, 2026, making third-party liability insurance...
Pakistan earns $600,000 per day from flights using its airspace
KARACHI: The situation in the Middle East has led to an increase in flights passing through Pakistan's airspace. The number...
Pakistan footwear sector flags used imports as barrier to export growth
KARACHI: Pakistan’s leather and footwear industry has warned that rising imports of used shoes are distorting the domestic market and...
NEPRA approves 35 paisa per unit hike in electricity price
ISLAMABA: The National Electric Power Regulatory Authority (NEPRA) has announced 35 paisa per unit increase in electricity prices across Pakistan...
Services exports increase by 18.78oc to $5.659b in 7 months of FY2026
ISLAMABAD: The exports of services during the first seven months of the current fiscal year increased by 18.78 percent as...
Slaughter at Pakistan Stock Exchange as index loses over 16,000 points
KARACHI: Tremors from the Middle East conflict have jolted the Pakistan Stock Exchange (PSX) as it was hammered by an...
SECP offers fee relief to unlisted companies
KARACHI: The Securities and Exchange Commission of Pakistan (SECP) has announced a fee relief package to encourage unlisted companies to...
Petrol prices in Pakistan likely to increase from March 1, 2026
ISLAMABAD: Petrol and other petroleum product prices in Pakistan are expected to increase by up to Rs6.88 per litre from...
Tribunal upholds CCP’s Rs40m penalty on UDPL, IBL for anti-competitive agreement
ISLAMABAD: The Competition Appellate Tribunal (CAT) has upheld the cumulative penalty of PKR 40 million imposed by the Competition Commission...
SECP clarifies media claims about foreign companies leaving Pakistan
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has clarified that recent media reports suggesting a large number of...
Pakistan sets Rs300 as minimum Sadqa-e-Fitr for 2026
ISLAMABAD: Pakistan has announced that the minimum Sadqa-e-Fitr and Fidya for 2026 will be set at Rs300 per person, with...
Poverty rate in Pakistan soars by 7pc in seven years due to inflation, floods
ISLAMABAD: After a gap of seven years, the Ministry of Planning has released a fresh poverty assessment report showing a...
