Download IPFS Pakistan and Iran have announced a strategic plan to raise bilateral trade to $8 billion annually, signaling a renewed push toward regional economic cooperation. The announcement was made during high-level meetings in Islamabad between Pakistan’s Commerce Minister Jam Kamal Khan and Iranian Minister of Industry, Mines and Trade[Read More…]

Download IPFS The Punjab government has launched a major cost-saving initiative by announcing the full transition of Lahore’s Orange Line metro train stations to solar power. A 1.6-megawatt solar plant will be installed to supply electricity to all stations, powering critical infrastructure such as lighting, escalators, and other essential systems.[Read More…]

Download IPFS Gold and silver prices in Pakistan remained stable as trading began on Wednesday, providing consistency for investors, jewelers, and traders monitoring the precious metals market. The rates, updated at 9:00 AM Pakistan Standard Time, continue to serve as a critical reference for both retail and wholesale transactions across[Read More…]

Download IPFS A recent audit by Pakistan’s Directorate General of Customs Post Clearance Audit (PCA) has exposed what is being described as the largest trade-based money laundering case in the nation’s history. The extensive 127-page report, covering December 2024 to March 2025, has uncovered large-scale under-invoicing and tax evasion in[Read More…]

Download IPFS Consumers across Pakistan may receive a slight financial reprieve in the coming months, as the National Electric Power Regulatory Authority (NEPRA) is expected to approve a reduction in electricity tariffs. The anticipated decrease is part of routine quarterly and fuel price adjustments. According to official sources, NEPRA held[Read More…]

Download IPFS Senior officials from Pakistan and the United States met this week in Washington to advance discussions on expanding bilateral trade beyond traditional sectors, with a renewed focus on diversification and economic cooperation. Finance Minister Muhammad Aurangzeb led the Pakistani delegation in talks with US Commerce Secretary Howard Lutnick[Read More…]

Download IPFS Pakistan’s equity market began the week on a strong note, with the benchmark KSE-100 Index gaining 1,017.66 points on Monday to close at 142,052.64. The index maintained bullish momentum throughout the day, hitting an intraday high of 142,323.34. This positive performance reflects growing investor confidence supported by improving[Read More…]

Download IPFS Pakistan’s Finance Ministry has introduced a comprehensive cashless payment system for all government transactions, aiming to enhance financial transparency and reduce corruption. The new digital framework will require all federal and provincial entities to process payments electronically through designated banking channels. This initiative marks a significant step in[Read More…]

Download IPFS Oil and Gas Development Company Limited (OGDCL) has received its first interest payment of Rs7.725 billion from Power Holding Private Limited (PHL) under Pakistan’s circular debt resolution plan. The payment, disclosed to the Pakistan Stock Exchange (PSX), marks progress in settling long-standing energy sector liabilities. OGDCL confirmed the[Read More…]

Download IPFS Pakistan’s cement sector began the new fiscal year with a significant boost, as the industry posted a 30% year-on-year increase in total dispatches for July 2025. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), total sales reached 3.997 million tonnes, compared to 3.071 million[Read More…]