Pakistan has taken a major step toward strengthening its maritime economy by approving a set of strategic reforms aimed at transforming the country into a regional transshipment hub. The decision reflects a broader vision to enhance port efficiency, increase trade volumes, and improve connectivity with global shipping networks. The reforms come following recommendations put forward […]
Pakistan to Save $30 Million Annually by Shifting Thar Coal Mining to Grid Power
Pakistan is set to achieve significant cost savings and reduce its reliance on imported fuel through a major reform in Thar coal mining operations. The country’s Power Division Pakistan has announced a transition from diesel-powered mining to electricity supplied through the national grid, a move expected to deliver both economic and operational benefits. The initiative […]
SECP Seeks Stakeholder Input to Revitalize Pakistan’s Debt Market
The Securities and Exchange Commission of Pakistan has initiated a fresh push to reform Pakistan’s corporate debt market by launching three focused surveys aimed at gathering insights from key stakeholders. This move reflects the regulator’s broader strategy to modernize financial markets, improve transparency, and encourage greater participation in debt instruments. By inviting feedback, the SECP […]
Pakistan Risks $9 Billion Export Blow if GSP Plus Status Is Lost
Pakistan’s export-driven economy could face a serious challenge if its preferential trade access to European markets is withdrawn. Business leaders are warning that the potential loss of GSP Plus status may result in annual export losses of up to $9 billion, impacting key industries across the country. The concern was highlighted during a press briefing […]
Pakistan Likely to Host US-Iran Peace Talks Amid Renewed Diplomatic Efforts
Pakistan is emerging as a potential venue for high-level diplomatic engagement as reports indicate it may soon host talks between the United States and Iran. The development signals a significant step in ongoing international efforts to ease tensions surrounding the Iran conflict. According to German Foreign Minister Johann Wadephul, preliminary indirect contacts between the concerned […]
Government Raises Rs. 118 Billion Through 32nd Ijarah Sukuk Auction
The federal government has successfully raised Rs. 118.05 billion through the 32nd auction of Government of Pakistan Ijarah Sukuk, signaling continued investor confidence in Shariah-compliant financial instruments. The development highlights strong participation from both institutional and corporate investors in Pakistan’s Islamic finance sector. According to the Pakistan Stock Exchange, the auction attracted bids worth Rs. […]
Government Likely to Absorb Rs. 49/Litre Fuel Cost to Maintain Prices
The federal government is expected to absorb a significant increase of Rs. 49 per litre in fuel costs to keep domestic petroleum prices unchanged for another week. The move comes amid rising global oil prices influenced by tensions in the Gulf region, aiming to provide temporary relief to consumers. According to reports, the government plans […]
Government Cancels Pakistan Day Parade Amid Oil Supply Pressures
The federal government has announced the cancellation of the annual Pakistan Day parade scheduled for March 23, citing ongoing energy challenges and fiscal restraint measures. The decision reflects broader efforts to manage economic pressures stemming from regional instability. According to a statement issued by the Prime Minister’s Office, both the main parade and associated ceremonies […]
Pakistani Rupee Gains Again Against US Dollar and British Pound
The Pakistani Rupee continued its positive momentum in the currency market, closing stronger against the US Dollar for the 120th consecutive day on Monday. The local currency also posted gains against several other major global currencies during the trading session. According to market data, the Pakistani Rupee closed at 279.30 against the US Dollar, recording […]
SECP Raises Sahulat Account Investment Limit to Rs. 3 Million to Encourage Retail Investors
The Securities and Exchange Commission of Pakistan has increased the investment limit for Sahulat Accounts from Rs. 1 million to Rs. 3 million, a step aimed at making stock market participation easier for small retail investors across the country. The decision is designed to encourage more individuals to enter Pakistan’s capital market by allowing them […]