Precious Metals Surge in Pakistan: Investors Eye Silver and Copper Amid Gold Rally
Gold and silver prices have reached record highs amid geopolitical and economic uncertainty, prompting Pakistani investors to diversify into silver and copper, with experts predicting continued volatility and bullish long-term trends.
Pakistan’s SOE Losses Hit Rs6.5 Trillion as Top Government Firms Struggle with Profitability
Pakistan’s state-owned enterprises continue to strain public finances, with cumulative losses reaching Rs6.5 trillion. FY25 saw top 15 SOEs post Rs622 billion in profits, highlighting governance gaps and margin pressures amid rising costs and delayed tariff adjustments.
Pakistan Finance Minister Aligns with SECP Leadership to Strengthen Capital Markets and Expand Financing
Finance Minister Muhammad Aurangzeb met SECP’s new leadership to discuss deepening capital markets, broadening financing sources, improving investor confidence, and exploring digital innovations including tokenisation of government debt.
FBR Targets Rs327 Billion in Super Tax Recovery from Large Corporates Following Court Ruling
Following a Federal Constitutional Court ruling, Pakistan’s FBR intensifies super tax recovery, issuing notices worth over Rs200 billion to large taxpayers and projecting total collections of Rs327 billion, including major contributions from oil and gas companies.
Pakistan Cuts Refinance Rate to 4.5% and Lowers Industrial Power Tariffs to Boost Economic Activity
Prime Minister Shahbaz Sharif announces major economic relief measures including a 300 basis point cut in refinance rate and reductions in electricity wheeling charges to support industry, exports, and investment.
Trax Group to Acquire Fintech Software IP, Expanding into Digital Lending
Trax Group Limited secures shareholder approval to acquire a fintech software IP via LogiServe, marking a strategic move to integrate digital lending and embedded finance into its e-commerce operations.
Pak-Qatar Takaful IPO Sees Unprecedented Retail Demand, Public Portion Increased
Pak-Qatar General Takaful Limited’s IPO attracts historic retail investor interest, prompting an increase in the public portion from 25% to 30%, making it the first non-life Takaful operator to list on the PSX.
Mashreq Bank Pakistan Receives AA Long-Term Rating with Stable Outlook from PACRA
Mashreq Bank Pakistan Limited earns AA (Long Term) and A1 (Short Term) ratings from PACRA, reflecting strong sponsor support, robust digital infrastructure, and solid capital base, signaling confidence in the bank’s growth and stability.
Former Central Banker Shoukat Bizinjo Announces Candidacy For IBA Karachi Board Of Governors
Former State Bank of Pakistan official and Simpaisa’s Global Head of Regulatory Affairs, Shoukat Bizinjo, has announced his candidacy for the IBA Karachi Board of Governors Alumni Seat, outlining priorities around governance, digital finance education, inclusion, and alumni engagement.
Pakistan Completes Historic Early Debt Repayment, Strengthening Fiscal Credibility
Pakistan repaid over Rs3,650 billion of domestic debt ahead of schedule, marking the first time in the country’s history, improving debt sustainability, reducing borrowing costs, and creating fiscal space for growth.