Business

The total liquid foreign reserves held by the country stood at US$ 21,248.4 million as of 09-Jan-2026. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State Bank of Pakistan: US$ 16,071.8 millionii) Net foreign reserves held by commercial banks : US$ 5,176.6…

Pakistan is making significant progress in global economic partnerships due to the reform-oriented vision and investor-friendly strategy of Special Investment Facilitation Council (SIFC).The United Kingdom has re-established its development partnership with Pakistan, announcing new initiatives in investment, trade, education and climate cooperation.This announcement was made during the visit of UK’s…

Foreign remittances in Pakistan have surged to record high of 3.6 billion dollars during the last month witnessing an increase of 13 percent. This has taken the total remittances flow in the first half of the fiscal year 2026 to 19.7 billion dollars which are 41 percent higher than last…

The vision and coordinated facilitation of Special Investment Facilitation Council (SIFC) have stabilized Pakistan’s economy and investment market, elevating it to prominence at the global level.Pakistan Stock Exchange (PSX) has recorded forty-one percent increase in the number of investors, with one hundred and thirty-five thousand new investors joining over the…

Prime Minister Shehbaz Sharif has said the longstanding fraternal relations between Pakistan and the United Arab Emirates are moving further toward effective economic cooperation and investment.He made the remarks during a meeting with Sajwani Business delegation of UAE in Islamabad.The Prime Minister said that Pakistan and the UAE share deep,…

The Federal Public Procurement Regulatory Authority (PPRA) and the Gilgit-Baltistan Public Procurement Regulatory Authority (GBPPRA) have signed a Memorandum of Understanding (MoU) to roll out the e-Pakistan Acquisition and Disposal System (EPADS) in Gilgit-Baltistan. The MoU was signed by Sheikh Afzal Raza, Project Director EPADS, PPRA, and Najeeb Alam, Managing…

Minister for Finance Senator Muhammad Aurangzeb, while welcoming the delegation of Visa CEMEA, has appreciated its continued engagement with Pakistan’s financial sector. He was talking to a delegation of Visa led by Regional President for Central Europe, Middle East and Africa Tareq Muhmood, which called on him in Islamabad today.…

Smaller Pakistani banks delivered some of the highest total returns to investors across the Asia-Pacific region in 2025, buoyed by a strong rally in local equity markets and improving macroeconomic indicators, according to an analysis by S&P Global Market Intelligence. The Bank of Punjab emerged as one of the top-performing…

Minister for Commerce Jam Kamal Khan has reiterated the government’s unwavering commitment to provide a conducive business environment to foreign investors. Presiding over a high-level meeting with a delegation from the American Business Council in Karachi today, Jam Kamal said the American business community is a valued and long-standing partner…

Prime Minister Shehbaz Sharif has said facilitating access to credit for the private sector particularly SMEs and small farmers for the acquisition of modern technology is among the government’s top priorities. He was chairing a high-level meeting on loans to SMEs and Agri-Sector in Islamabad today. The Prime Minister said…

Prime Minister Shehbaz Sharif has directed the relevant authorities to prepare a comprehensive roadmap for increasing exports, particularly agricultural exports, reducing country’s trade deficit. He was chairing a review meeting on the promotion of national exports in Islamabad today. Shehbaz Sharif said achieving export-led development targets is the government’s top…

Prime Minister Muhammad Shehbaz Sharif says privatization of loss making state-owned enterprises is one of the top most priorities of the government. He was chairing a meeting in Islamabad today on matters related to Privatization Commission. The Prime Minister said successful privatization of 75 percent shares of PIA is the…

Pakistan Stock Exchange (PSX) achieved another milestone today and surpassed the psychological barrier of one lac eighty-four thousand points in the Hundred Index during the trading. The Hundred Index that closed at one lac eighty-two thousand four hundred eight (182,408) points yesterday reached one lac eighty-four thousand two hundred and…

Prime Minister Shehbaz Sharif has directed to prepare a roadmap to increase agricultural exports in the next five years. He was chairing a meeting of Working Group on Agriculture Reforms in Islamabad today. The Prime Minister said reforming the agricultural sector and introducing farmers to globally accepted practices is the…

There is a historic progress in trade expansion between Pakistan and Tajikistan due to the efforts of Special Investment Facilitation Council (SIFC).According to details, Pakistan will export one hundred and forty-three thousand tons of halal meat to Tajikistan, valued at 14.5 million dollars.Effective trade facilitation will expand bilateral trade to…

Pakistan has launched the first-ever private-capital-funded Pakistan Skills Impact Bond (PSIB).It is backed by a guarantee from the Ministry of Finance to operationalize the inaugural one billion rupees pilot tranche of a three-year instrument to fund a wider and scalable Technical Skills Development Programme.The launch ceremony, which also featured the…

DIB Pakistan has entered into a strategic partnership with Zindigi (owned by JS Bank), to enhance the digital banking experience for customers across Pakistan.Under this agreement, DIB Pakistan will provide a Current Account facility for Zindigi, enabling users to seamlessly operate the account directly through the Zindigi app. Committed to…

Pakistan is heading towards path of economic stability and prosperous future because of a well thought-out policy under the Special Investment Facilitation Council.According to detail the private and foreign investment in Pakistan is stabilizing the economy and advancing the growth at a fast pace.The investment of Engro and Etisalat by…

Advisor to the Finance Minister on Economic and Financial Reforms, Khurram Schehzad, has termed the surpassing of Pakistan Stock Exchange of 174,000 points as another milestone for Pakistan’s equity market.In a post on social media platform X, he said PSX hundred index crossed 174,000 points today, marking yet another record…

In response to Pakistan’s growing agricultural trade deficit, Islamabad-based agri-tech company Ful Foods is developing a novel approach to reduce the country’s dependence on imported feed proteins by cultivating duckweed as a sustainable alternative for livestock feed. Pakistan’s livestock sector, which includes an estimated 30 million cows, 40 million buffaloes…

Italy has allocated a labor quota of 10,500 jobs for Pakistani workers over the next three years. According to the Ministry of Overseas Pakistanis and Human Resource Development, 3,500 Pakistani workers will be employed in Italy each year under this arrangement. The quota includes 1,500 seasonal and 2,000 non-seasonal jobs…