pakistan business news Archives

Chinese Consortium and NAB Support SECP Reforms to Strengthen Pakistan’s Financial Sector

Dua Sehar3 days ago03 mins

The Securities and Exchange Commission of Pakistan (SECP) has received strong support from a Chinese financial consortium and the National Accountability Bureau (NAB) as it continues implementing reforms to strengthen Pakistan’s financial system and capital markets. The latest developments highlight growing international confidence in Pakistan’s financial sector while reinforcing efforts to protect investors from illegal…

Pakistan’s ICT Exports Reach $3.388 Billion in FY2026 Despite Structural Challenges

Dua Sehar3 weeks ago03 mins

Pakistan’s information and communication technology (ICT) sector recorded significant growth during FY2026, with total ICT exports reaching $3.388 billion, according to the latest Pakistan Economic Survey. The figures underline the increasing importance of the technology sector in supporting foreign exchange earnings and strengthening the country’s digital economy. The survey also revealed that the trade surplus…

Pakistan Inflation Hits 22-Month High Amid U.S.-Iran Crisis and Rising Energy Costs

Dua Sehar3 weeks ago03 mins

Pakistan’s inflation rate surged to 11.7 percent in May 2026, reaching its highest level in 22 months and raising concerns about the country’s economic outlook. According to data released by the Pakistan Bureau of Statistics (PBS), headline Consumer Price Index (CPI) inflation increased from 10.9 percent in April to 11.7 percent in May on a…

Pakistan Sets Target of 2 Million New Jobs in FY27 to Boost Economic Growth

Dua Sehar4 weeks ago04 mins

Pakistan Sets Target of 2 Million New Jobs in FY27 to Boost Economic Growth ISLAMABAD – The federal government has announced an ambitious target of creating 2 million new jobs during the fiscal year 2026-27 as part of its broader strategy to accelerate economic growth, reduce unemployment, and improve living standards across the country. According…

Twin Cities Flour Millers Demand Punjab Policy Changes Amid Mill Closures

Dua Sehar1 month ago02 mins

Flour millers in the Rawalpindi-Islamabad region have urged the Punjab government to revise its wheat and flour policy after claiming that nearly 40 percent of flour mills in the twin cities have shut down due to continuous financial losses. Industry representatives say unequal wheat distribution, rising transport costs and administratively fixed flour prices are pushing…

State Bank of Pakistan Eases Export Procedures for IT Firms and Freelancers

Dua Sehar3 months ago02 mins

The State Bank of Pakistan has introduced new measures to simplify export procedures for IT companies and freelancers in Pakistan, aiming to promote ease of doing business and boost the country’s digital economy. According to the central bank, the reforms focus on streamlining export realisation processes, standardising documentation, and improving complaint resolution systems for exporters…

Commerce Ministry Seeks Action Over Extra Charges on Meat Exports in Pakistan

Dua Sehar3 months ago02 mins

Pakistan’s meat export industry is facing a new challenge as the Ministry of Commerce has stepped in to address complaints regarding additional charges on export shipments. The issue has raised concerns among exporters who fear rising costs could impact their competitiveness in international markets. The ministry has formally contacted the Pakistan Civil Aviation Authority (PCAA),…