The Pakistan textile sector has warned that a nationwide transporters’ strike could seriously disrupt textile production and export shipments, urging Prime Minister Shehbaz Sharif to intervene
Category: Business
Muhammad Ali Malik Appointed SBP Deputy Governor
The federal government has appointed Muhammad Ali Malik as Deputy Governor of the State Bank of Pakistan (SBP) for a five-year term, effective immediately. The appointment comes at an important time for Pakistan’s central bank
Iran Condoles Quetta Mine Tragedy Victims
The Quetta Mine Tragedy has drawn condolences and messages of solidarity from around the world, with the Embassy of the Islamic Republic of Iran in Islamabad expressing deep sorrow over the devastating mining
DISCO Privatisation Moves Forward with FESCO, GEPCO and IESCO
Pakistan’s DISCO privatisation programme has taken another significant step as the Privatisation Commission Board recommended restructuring plans for three major state-owned electricity distribution companies
Gold Prices in Pakistan Rise as Global Market Strengthens
Gold Prices in Pakistan climbed sharply on Monday, reflecting a strong upward trend in the international bullion market. The price of gold per tola increased by Rs4,000 to reach Rs431,736, while the price of 10 grams rose
Oil Tanker Industry Reforms: Government Forms Committee to Resolve OTCA Concerns
Oil Tanker Industry Reforms have taken a significant step forward after Federal Minister for Petroleum Ali Pervaiz Malik announced the formation of a high-level committee to address the long-standing concerns of the Oil Tanker Contractors Association (OTCA).
K-Electric Industrial Power Consumption Reaches Record High in FY26
K-Electric Industrial Power Consumption reached a historic milestone during the fiscal year 2025-26, reflecting stronger industrial activity and improving economic conditions in Pakistan. According to the latest figures
Pakistan Daily Fuel Prices to Reflect Global Oil Market
The Pakistan Daily Fuel Prices system is set to transform how petrol and diesel prices are determined across the country. In response to ongoing volatility in global oil markets caused by renewed geopolitical tensions
Pakistan GSP+ Review Boosts Export Confidence
The Pakistan GSP+ Review by the European Commission has delivered encouraging news for the country’s economy, exports, and reform agenda. The latest assessment recognizes Pakistan’s strong performance under the European Union’s