Business

Rising Trade Deficit and Expensive Oil Imports Raise Pressure on Pakistan’s Economy

KARACHI, May 7, 2026: Pakistan is facing mounting economic pressure as the country’s trade deficit is feared to surge to…

3 weeks ago

ABHI Microfinance Bank Partners with REDtone Group to Launch Employee Banking Solutions

Karachi: ABHI Microfinance Bank Limited has entered into a strategic partnership with REDtone Group, a multinational telecom, engineering, and digital…

3 weeks ago

PM Shehbaz Approves Centralised Litigation System to Speed Up Tax Dispute Resolution

Prime Minister Shehbaz Sharif has approved the establishment of a Centralised Litigation Management System (CLMS) along with a comprehensive overhaul…

3 weeks ago

Ogra Schedules Hearings as Consultant Proposes Cut in Gas Loss Allowance Amid Tariff Hike Requests

The Oil and Gas Regulatory Authority (Ogra) has scheduled public hearings in Lahore and Karachi on May 12 and 13…

3 weeks ago

PSX Surges Over 3,000 Points as Investor Optimism Grows on US-Iran Peace Hopes

The Pakistan Stock Exchange (PSX) opened the week on a strong bullish note, with the benchmark KSE-100 index recording a…

3 weeks ago

Finance Ministry Orders Early Surrender of Unspent Funds Ahead of Budget Finalisation

ISLAMABAD: The Ministry of Finance Pakistan has directed all ministries, divisions, and public sector entities to surrender unutilised funds within…

3 weeks ago

HKSCA, US Consul General Discuss Strengthening Karachi-Houston Relations

KARACHI: A delegation of the Houston Karachi Sister City Association (HKSCA) met with United States Consul General in Karachi Charles…

3 weeks ago

Pakistan Faces Inflation, Growth Risks as Oil Prices Surge Amid Middle East Conflict: Analysts

Karachi — Pakistan’s economy could face renewed inflationary pressure, slower economic growth, and a widening current account deficit if global…

3 weeks ago

KCCI delegation leaves for Bangladesh, Sri Lanka to boost regional trade

KARACHI: A high-level trade delegation from the Karachi Chamber of Commerce & Industry (KCCI), led by Senior Vice President Muhammad…

3 weeks ago

Visa Insights Reveal Seasonal Spending Up 80% in Pakistan during Ramadan and Eid-ul-Fitr

• Spending patterns shifted during Ramadan and peaked around Eid Al-Fitr, with total spending up 10% during the Eid period.…

4 weeks ago

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