Pakistan
PIA’s New Owner Plans Major Overhaul, Eyes Investment in PNSC
Pakistan International Airlines (PIA) is set for a significant revival under its new management led by renowned businessman Arif Habib, who announced plans to revamp the national carrier while exploring investment opportunities in the Pakistan National Shipping Corporation (PNSC). The consortium aims to improve service quality, expand the fleet, resume profitable routes, and strengthen operational […]
PM Shehbaz Directs Easier Credit Access for SMEs and Small Farmers
Prime Minister Shehbaz Sharif has called for easier access to credit for small and medium-sized enterprises (SMEs) and small farmers, emphasizing the government’s commitment to private sector-led growth and economic inclusion. During a high-level meeting, the premier outlined measures to simplify loan procedures and expand financial support to foster entrepreneurship and agricultural productivity. The meeting […]
PM Shehbaz Calls for New Palm Oil Production Policy to Boost Agricultural Exports
Prime Minister Shehbaz Sharif has called for the formulation of a comprehensive palm oil production policy aimed at strengthening Pakistan’s agricultural exports and reducing reliance on imports. The directive focuses on utilizing the country’s coastal belt for large-scale palm oil cultivation. During a meeting on Tuesday, the prime minister asked relevant ministries and stakeholders to […]
AirSial Extends Aircraft Maintenance Agreement With Turkish Technic for Another Five Years
Pakistani airline AirSial has officially extended its aircraft maintenance agreement with Turkish Technic for an additional five years, reinforcing its focus on operational safety, reliability, and international maintenance standards. The renewed partnership highlights AirSial’s long-term strategy to ensure consistent technical support for its growing fleet. The agreement allows Turkish Technic, a globally recognized aircraft maintenance, […]
LHC to Hear Petition Against Kite Flying Ordinance 2025
The Lahore High Court (LHC) has fixed a petition challenging the Kite Flying Ordinance 2025 for hearing, bringing renewed legal scrutiny to the controversial law regulating kite flying in Punjab. According to the Registrar’s Office, the case has been included in the cause list and is scheduled to be heard on January 5. The petition […]
Rising Incomes, Higher Expenses, and Fewer Homeowners in Pakistan
Pakistan’s latest Household Integrated Economic Survey 2024–25, released by the Pakistan Bureau of Statistics, reveals a complex economic picture with rising incomes, escalating expenses, shifts in housing, and rapid digital adoption. The survey shows that the average monthly household income increased by 97% over the past five years, reaching Rs82,179. However, household expenses grew even […]
PM Directs Pakistani Embassies Worldwide to Actively Facilitate Foreign Investors
Prime Minister Muhammad Shehbaz Sharif has instructed Pakistani embassies across the globe to take a proactive role in attracting and facilitating foreign investment, declaring investor support a top priority for the government. The directive underscores Pakistan’s renewed focus on economic growth through increased international engagement. The instructions were issued during the first review meeting of […]
FBR Orders Tax Scrutiny of Major Exporters, Warns of Legal Action
The Federal Board of Revenue (FBR) has ordered strict tax scrutiny of major exporters across Pakistan after observing a sudden and concerning decline in the taxable income declared in recent returns. The move signals a tougher stance by the tax authority to curb underreporting and strengthen compliance within the export sector. According to official directives, […]
Finance Ministry Unveils Pakistan Skills Impact Bond
In a landmark move aimed at transforming skill development financing, the Ministry of Finance (MoF) on Tuesday launched Pakistan’s first-ever private-capital-funded Pakistan Skills Impact Bond (PSIB), reported 24NewsHD TV channel. The initiative marks a significant shift in how vocational training and workforce development are funded in the country. The Pakistan Skills Impact Bond has been […]
Pakistan Stock Exchange Hits Record High as Share Prices Soar
The Pakistan Stock Exchange (PSX) kicked off the new trading week on Monday with historic gains, as the benchmark KSE-100 Index crossed the 174,000-point mark for the first time ever. The milestone reflects growing investor confidence and a positive outlook for Pakistan’s equity market. During intraday trading, the KSE-100 Index surged by over 1,900 points, […]