investment
Gold Prices Rise in Pakistan After Two-Day Decline as Global Rates Edge Higher
Gold prices in Pakistan posted a modest recovery on Wednesday, ending a two-session losing streak as international bullion prices also moved slightly higher. The rebound provided some relief to investors and buyers after recent declines in the local precious metals market. The increase reflects the close relationship between domestic gold prices and global market trends, […]
CCP Approves Lotte Group Restructuring with No Impact on Pakistan’s Food and Beverage Market
The Competition Commission of Pakistan (CCP) has granted approval for an internal corporate restructuring within South Korea’s Lotte Group after concluding that the transaction will not reduce competition in Pakistan’s food and beverage industry. The approval follows a detailed review conducted under the Competition Act, 2010, which requires regulatory clearance for mergers and acquisitions that […]
Gold Price Falls Back Near Rs. 4.3 Lakh Per Tola in Pakistan
Gold prices declined in Pakistan on Friday, mirroring a downward trend in the international bullion market. The latest drop pushed the domestic gold rate back near the Rs. 4.3 lakh per tola mark, offering slight relief to buyers after recent price fluctuations. According to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price […]
Government Proposes Major Tax Relief for Businesses in Budget 2026-27
The federal government has unveiled significant tax relief measures for businesses in the FY2026-27 budget, aiming to support economic growth, encourage investment, and ease the financial burden on companies across Pakistan. One of the key proposals includes the elimination of existing business income tax slabs applicable to annual incomes ranging from Rs. 5 million to […]
Government Moves to Reduce Reliance on Bank Financing Through Capital Market Reforms
The federal government has announced plans to reduce Pakistan’s reliance on bank financing by advancing capital market reforms, signaling a strategic shift in the country’s financial framework. This decision aims to lower transaction costs, broaden investor participation, and strengthen alternative funding sources for businesses and institutions. The initiative was discussed during a meeting between Finance […]
Pakistan Enters Development Phase After Economic Stabilisation: Finance Minister
Pakistan has moved into a new phase of development after achieving economic stabilisation, Federal Finance Minister Muhammad Aurangzeb said, pointing to strong macroeconomic indicators and renewed investor confidence. In an interview with the American newspaper USA Today, the finance minister outlined how consistent reforms and disciplined policies have helped steady the economy and laid the […]
PM Seeks Expanded Turkish Investment in Pakistan’s Energy Sector Amid Deepening Bilateral Cooperation
Prime Minister Shehbaz Sharif has invited Turkish companies to expand their investment footprint in Pakistan’s energy sector, underscoring the government’s commitment to strengthening bilateral ties with Türkiye through strategic economic collaboration. He made the remarks during a meeting with Turkish Minister of Energy and Natural Resources Alparslan Bayraktar, who called on him at the PM […]
Qatar Signs Protocol to Invest $3 Billion in Pakistan
In a major boost to Pakistan’s foreign investment portfolio, Qatar has signed a protocol committing to invest $3 billion in Pakistan through the Qatar Investment Authority (QIA) and other designated financial channels. The agreement was finalized at the conclusion of the Sixth Session of the Pakistan-Qatar Joint Ministerial Commission on Economic, Trade, and Technical Cooperation, […]
Pakistan and Saudi Arabia Aim for Closer Economic Ties
Pakistan and the Kingdom of Saudi Arabia are set to strengthen their economic and trade ties, paving the way for increased business integration between the two nations. This agreement, reached during a meeting between Saudi Ambassador Nawaf bin Saeed Al-Malkii and Pakistan’s Caretaker Minister for Interior and Commerce Dr. Gohar Ejaz, promises exciting opportunities for […]
Pakistan Pushes PIA Privatization Forward: PM Kakar Demands Speed and Transparency
Islamabad, Pakistan: Pakistan’s national airline, Pakistan International Airlines (PIA), is back in the spotlight as the government pushes for its privatization. Caretaker Prime Minister Anwaar-ul-Haq Kakar on Tuesday met with Aviation Adviser Air Marshal (retd) Farhat Hussain, demanding swift and transparent progress on the long-awaited process. Saving the National Exchequer: Kakar emphasized the government’s priority […]