Business

Minister for Petroleum Ali Pervaiz Malik has said the daily pricing mechanism for petroleum products represents a fundamental shift towards a competitive, market-driven economy by ending dependence on the weekly price announcement cycle and mandatory government approval. He was talking to key petroleum sector stakeholders on the government’s transition from…

Finance Minister Muhammad Aurangzeb has underscored the need for continued investment in cybersecurity capabilities and secure digital infrastructure to safeguard taxpayer information. He was chairing a meeting in Islamabad today to review the implementation roadmap and operational readiness of the Federal Board of Revenue’s (FBR) National Faceless Centre, a key…

Pakistan and China have signed several agreements worth 440 million dollars in the field of pharmaceutical industry. The agreements were signed between Pakistani and Chinese pharmaceutical companies at a Pakistan-China Business-to-Business investment conference in Islamabad today. Addressing the conference, Prime Minister Shehbaz Sharif expressed confidence that the agreements would soon…

Prime Minister Shehbaz Sharif has directed to accelerate implementation of government’s policy measures for ease of doing business and Asaan Karobar Act 2025. He was chairing a meeting regarding Ease of Doing Business in Islamabad. The Prime Minister further instructed that third-party validation by international institutions be ensured to assess…

Minister for Economic Affairs Ahad Cheema says the federal government will try its level best to fulfill the wheat requirements of the provinces from PASSCO stocks. He expressed these views while chairing a meeting to review the country’s wheat situation and assess the current demand and supply position across the…

Minister for Finance and Revenue Senator Muhammad Aurangzeb says agriculture remains central to Pakistan’s economic transformation and sustainable growth. He said this while chairing the first meeting of the Committee for Genetically Modified Corn in Islamabad today. The Minister said the committee had been tasked with objectively assessing the available…

Pakistan and the United Kingdom have agreed to maintain close coordination to advance areas of mutual interest and further deepen their longstanding bilateral partnership. This came at a meeting between Finance Minister Muhammad Aurangzeb and British High Commissioner to Pakistan Jane Marriott in Islamabad today. Speaking on the occasion, the…

S&P Global in Pakistan, in partnership with The Indus Entrepreneurs (TiE) Islamabad, announced the launch of Project Elevate, a structured, three-year mentorship initiative designed to equip more than 600 young Pakistanis with the professional skills, industry networks, and career guidance needed to thrive in an increasingly competitive global economy. Project…

The government has revised the prices of petroleum products for a week starting from today. According to a press release issued by the Ministry of Energy, the price of petrol has been increased by 13.18 per litre. The new price of petrol is 310.71 rupees per litre. The price of…

The Pakistan Credit Rating Agency Limited (PACRA) has upgraded easypaisa digital bank’s long-term credit rating from A+ to AA-, reflecting the bank’s strong position as Pakistan’s leading digital bank and its successful transition into a fully licensed Digital Retail Bank (DRB). This represents easypaisa’s second consecutive credit rating upgrade from…

Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s resolve to further strengthen its time-tested strategic partnership with Türkiye. He was addressing a joint press stakeout with Turkish President Recep Tayyip Erdogan in Istanbul today. The Prime Minister said Pakistan and Türkiye share an extraordinary bond founded on centuries of common history,…

Minister for Petroleum Ali Pervaiz Malik has said that Pakistan possesses vast geological potential for hydrocarbons that remains largely untapped. He was addressing the Pakistan-Türkiye B2B Conference in Istanbul today, which was also attended by Prime Minister Muhammad Shehbaz Sharif and Türkiye’s Vice President, Cevdet Yilmaz. The Petroleum Minister said…

The State Bank of Pakistan (SBP) is pleased to announce the launch of its redesigned official website, which will go live on Wednesday July 1, 2026, and will be accessible to all stakeholders at www.sbp.org.pk. The revamped website will provide a faster, easier and user-friendly digital experience for citizens, businesses,…

Pakistan’s first and leading digital retail bank, easypaisa digital bank, has signed a Memorandum of Understanding (MoU) with Servis Shoes, one of Pakistan’s leading footwear and apparel brands, to enable QR-based digital payment and Soundbox solutions across 300 stores nationwide. The signing ceremony, attended by leadership and stakeholders from both…

Pakistan and Italy have signed a concessional loan agreement amounting to 20 million euros. The loan is aimed at supporting the Professional Capacity Building and Extension in Agriculture project under Pakistan’s Technical and Vocational Education and Training (TVET) National Reform Programme. Secretary Economic Affairs Muhammad Humair Karim and Italian Ambassador…

Prime Minister Shehbaz Sharif has directed to formulate a comprehensive National Agriculture Policy at the earliest in consultation with the provinces. He was chairing an important review meeting in Islamabad today on the restructuring of the Ministry of National Food Security and Research and reforms in the agriculture sector. The…

The capital market cooperation between Pakistan and China has achieved a major milestone with the start of historic listing of the joint venture Service Long March Tyres in Pakistan Stock Exchange. The company is a joint project between Pakistan’s Services Group and China’s Chaoyang Long March Tyre Company. It is…

Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has said the Karachi Port Trust (KPT) has achieved the highest annual cargo handling volume in its one hundred and thirty-eight-year history. In a statement, he said KPT surpassed its previous all-time cargo handling record of fifty-four point six eight five million…

Business activities, institutional development, innovation, and the creation of employment opportunities are essential for strengthening Pakistan’s economy. These views were expressed by Khawaja Yasir Qayyum, President of the Sargodha Chamber of Commerce and Industry (SCCI), while addressing a seminar organized in collaboration with the Small and Medium Enterprises Development Authority…

Minister of State and Chairman Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin Saqib says Pakistan is approaching digital assets with a Pakistan-first strategy to help shape the rules of digital finance. Addressing the Point Zero Forum 2026 in Zurich, Switzerland, he said the rules governing money are being rewritten…

Federal Minister for Petroleum Ali Pervaiz Malik says the government is committed to pass on the benefits of reduction in petroleum prices to the people while remaining within its international obligations. In a post on his X handle today, he said under this commitment, the price of high-speed diesel has…