Economy

S&P upgrades Pakistan’s credit rating after 3-year gap
Business

S&P upgrades Pakistan’s credit rating after 3-year gap

Pakistan returns to B- with stable outlook for first time since February 2019; last held B- with negative outlook in July 2022

Pakistan approves industrial revival plan to tackle idle capacity and loan defaults
Business

Pakistan approves industrial revival plan to tackle idle capacity and loan defaults

New SBP-led framework targets restructuring of sick units, SME credit flow, and tax incentives

Pak National Shipping Corporation signs MOU with Chinese group to boost maritime collaboration
Business

Pak National Shipping Corporation signs MOU with Chinese group to boost maritime collaboration

The non-binding agreement aims to explore vessel acquisition, chartering, and financing opportunities, marking a new chapter in Pakistan’s global shipping ambitions

Afghanistan, Pakistan sign trade deal to slash tariffs on farm exports
World

Afghanistan, Pakistan sign trade deal to slash tariffs on farm exports

The PTA takes effect Aug. 1, slashing tariffs to 27% on 8 fruits and vegetables traded by both countries

ADB maintains Pakistan’s growth at 3%, inflation under 6% for FY26
Top Stories

ADB maintains Pakistan’s growth at 3%, inflation under 6% for FY26

Regional outlook dims amid global trade tensions

Operator of PC Hotels in Pakistan sees 56% stake shift in  restructuring
Business

Operator of PC Hotels in Pakistan sees 56% stake shift in  restructuring

Hashoo Group retains control of Pakistan Services Ltd. as Dawood Jan Muhammad and AKD acquire major stakes in strategic consolidation move

ADB cuts growth forecasts for Asia-Pacific amid trade tensions and weak domestic demand
Top Stories

ADB cuts growth forecasts for Asia-Pacific amid trade tensions and weak domestic demand

Southeast Asia hit hardest, while Central Asia bucks trend

Pakistan's broken auto system where taxes are raised only for the poor
Videos

Pakistan's broken auto system where taxes are raised only for the poor

In Pakistan, this has now become normal, something rarely seen elsewhere in the world

Trump strikes trade deal with Japan to cut tariffs to 15%
Partner

Trump strikes trade deal with Japan to cut tariffs to 15%

Trump says “Mission Complete” after Japan agrees to cut tariffs and expand U.S.-bound investment

Pakistan Senate panel reviews progress on SOEs privatization
Business

Pakistan Senate panel reviews progress on SOEs privatization

Privatization Division secretary reiterates that it is not the government’s role to run businesses

Pakistan's inflation likely to be measured at 3-3.5% in July
Top Stories

Pakistan's inflation likely to be measured at 3-3.5% in July

Month-on-month inflation is projected to increase by 2.2%, largely driven by a surge in food prices

Pakistan's KP province opposes move to halt electricity duty collection via bills
Top Stories

Pakistan's KP province opposes move to halt electricity duty collection via bills

Chief minister warns discontinuing the ED collection mechanism could trigger fiscal instability and a potential conflict between federal and provincial governments

$2.22B in profits and dividends repatriated from Pakistan in FY25
Top Stories

$2.22B in profits and dividends repatriated from Pakistan in FY25

The bulk of these outflows came from Foreign Direct Investment, which accounted for $2.105 billion

Who really profits from sugar in Pakistan?
Videos

Who really profits from sugar in Pakistan?

In Pakistan, one thing stays constant: sugar politics

Where your PKR 272 on petrol really goes
Videos

Where your PKR 272 on petrol really goes

Is it all fuel cost, or are we paying extra in taxes, levies, and margins?

Pakistan fails to publish parliamentarians' tax directory for yet another year
Top Stories

Pakistan fails to publish parliamentarians' tax directory for yet another year

While the FBR published tax directories every year from 2014 to 2019, officials confirmed that no such documents have been made public for the last few years

Pakistan textile sector continues to recover in FY25
Top Stories

Pakistan textile sector continues to recover in FY25

Total textile exports rose to $17.9 billion in FY25, the highest annual growth in three years

IT association urges predictable tax policy to unlock tech investment in Pakistan
Business

IT association urges predictable tax policy to unlock tech investment in Pakistan

The reform package calls for long-term certainty, reduced compliance burdens, and investment-friendly incentives

Pakistan's auto-financing sector steadily growing
Business

Pakistan's auto-financing sector steadily growing

Outstanding car loans have climbed to PKR 276.6 billion

Pakistan agrees to exempt Google from 5% digital tax amid strengthening US ties
Top Stories

Pakistan agrees to exempt Google from 5% digital tax amid strengthening US ties

Google unlike other tech giants such as Meta, Amazon, Microsoft, and Netflix has registered as a company with the Securities and Exchange Commission of Pakistan