Pakistan International Airlines Pakistan International Airlines is set to be formally handed over to new owners on May 25, marking a major milestone in the long-running privatisation process, according to sources from the Privatisation Commission. Officials confirmed that the process has now entered its final stage, with all major procedural and regulatory requirements already completed….
Pakistan’s remittances have approached the $34 billion mark during the first 10 months of the fiscal year 2026, highlighting the critical role overseas workers play in supporting the country’s economy. According to data from the State Bank of Pakistan, total remittance inflows reached $33.86 billion, reflecting an 8.5% year-on-year increase. In April 2026 alone, remittances…
Pakistan’s industrial sector has raised serious concerns over the Export Processing Zone (EPZ) duty system, highlighting that the current mechanism is causing double taxation and increasing the cost of manufacturing. A delegation from National Steel Complex Limited recently met Federal Minister for Commerce Jam Kamal Khan to discuss these pressing issues. During the meeting, the…
Khawaja Asif has expressed optimism about a potential agreement between the United States and Iran, stating that Pakistan stands to benefit significantly from any peace settlement in the region. Speaking amid rising tensions in the Gulf, the defence minister highlighted that improved relations between Washington and Tehran could lead to enhanced regional stability and stronger…
The Punjab government has officially begun preparations for its fiscal year 2026-27 budget, introducing strict financial controls as part of the process. Authorities have immediately suspended the release of funds for all new development schemes, signaling a shift toward tighter fiscal management. According to official directives issued in Lahore, payments for pending dues to contractors…
The Ministry of Commerce Pakistan has introduced a significant policy shift by banning the import of goods produced through forced labour, marking a major step toward ethical trade practices and stronger supply chain regulation. The new directive, issued through a statutory regulatory order (SRO), amends the existing Import Policy Order 2022 under the Imports and…
A new study by the Competition Commission of Pakistan has highlighted the need for major reforms in Pakistan’s cement industry, focusing on tax structure, logistics, energy pricing, and mineral sector development. The report aims to improve competition, reduce market distortions, and support long-term industrial growth. According to the study, the cement sector plays a vital…
Pakistan’s financial markets are closely watching the upcoming decision by the State Bank of Pakistan as its Monetary Policy Committee (MPC) prepares to announce the third policy rate of 2026. Analysts and economists widely expect a rate hike amid rising inflation and economic uncertainty. Market expectations suggest a possible increase of 50 to 100 basis…
Pakistan has witnessed a significant increase in fuel prices as the government raised petrol and high-speed diesel (HSD) rates by Rs26.77 per litre, effective from April 25, 2026. The revised petrol price now stands at Rs393.35 per litre, while diesel has reached Rs380.19 per litre, reflecting a sharp rise driven by global oil market volatility….
Pakistan’s economy is facing fresh pressure as profit and dividend outflows on foreign investments surged to $1.828 billion during July–March FY26, according to data released by the State Bank of Pakistan. This marks an increase from $1.718 billion in the same period last year, reflecting growing repatriation by foreign investors. The rise in outflows comes…
