Otsuka Pakistan Limited has officially resumed production at its manufacturing facility following the successful completion of its planned annual maintenance shutdown. The company shared the update through a formal disclosure submitted to the Pakistan Stock Exchange Limited on Monday. According to the notification, production activities were restarted with effect from January 5, 2026. The maintenance […]
Pakistan Set to Transition From Assembly to Full-Scale Electronics Manufacturing
Pakistan is preparing to take a major step toward industrial transformation with the finalization of the Mobile and Electronic Device Manufacturing Policy for 2026–2033. The policy, which is set to be presented to the Prime Minister, outlines a clear roadmap to shift the country from basic assembly operations to full-scale electronics manufacturing. This strategic move […]
Banks to Remain Closed for Public Transactions on January 1
Banks across Pakistan will remain closed for public transactions on Thursday, January 1, 2026, following a notification issued by the State Bank of Pakistan (SBP). According to the central bank’s official announcement, January 1 has been declared a bank holiday, during which all scheduled banks, development finance institutions (DFIs), and microfinance banks will suspend public […]
Pakistan on Path to Economic Stability and Growth Through Strategic Investments
Pakistan is making steady progress toward economic stability and a prosperous future, driven by strategic policies under the Special Investment Facilitation Council (SIFC), according to 24NewsHD TV. The country’s focus on attracting private and foreign investment is helping stabilize the economy while accelerating growth across multiple sectors. Recent high-profile investments highlight the momentum. Engro and […]
Centre Set to Exit Wheat Procurement Under IMF Pressure
Pakistan’s federal government has decided to withdraw from the wheat procurement process, marking a major shift in the country’s agricultural and food security policy. The move comes under pressure from the International Monetary Fund (IMF) as part of broader economic reforms aimed at reducing fiscal burdens and market distortions. According to official sources, both the […]
PM Orders Acceleration in Privatization of DISCOs and GENCOs to Reform Power Sector
Prime Minister Shehbaz Sharif has directed authorities to accelerate the privatization of electricity distribution companies (DISCOs) and generation companies (GENCOs), underlining the government’s push to overhaul Pakistan’s struggling power sector. The directive was issued during a high-level review meeting on power sector reforms held in Islamabad. During the meeting, the Prime Minister emphasized that creating […]
Pakistan’s Economy Expected to Maintain Positive Momentum Despite Persistent Inflation Pressures
Pakistan’s economy is showing signs of steady improvement as industrial activity strengthens and key structural reforms take effect, according to the Finance Division’s latest Monthly Economic Update and Outlook. Despite ongoing inflationary pressure, officials remain cautiously optimistic about the country’s near-term economic trajectory. The report indicates that inflation for November is expected to remain between […]
Coordinated Decision-Making Essential to Sustain Economic Growth, Says PM Shehbaz Sharif
Prime Minister Shehbaz Sharif has emphasized the need for cohesive and coordinated decision-making to support long-term economic growth, urging the swift integration of private-sector recommendations into a unified national industrial policy. He issued the directive while chairing a meeting of the private-sector committee on national industrial development in Islamabad on Friday. The prime minister stated […]
Pakistan, France Sign Deal to Advance Minerals and Mining Cooperation
Pakistan and France have taken a significant step toward strengthening their partnership in the minerals and mining sector. Both countries have agreed to expand cooperation in investment, exploration, and sustainable resource development, marking a promising shift for Pakistan’s growing minerals economy. The understanding was reached during a high-level webinar titled “Pakistan’s Minerals Economy: Gateway to […]
Blue Economy to Prove Game-Changer for Pakistan: Aurangzeb
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday expressed optimism that the blue economy will emerge as a game-changer for Pakistan’s long-term economic growth and sustainability. Addressing the Pakistan International Maritime Expo & Conference (PIMEC) virtually at the Expo Centre Karachi, the finance minister said that the blue economy — encompassing fisheries, […]