Muhammad Farrukh Moves to Acquire Majority Stake and Absolute Corporate Control of Al Shaheer Corporation
Business tycoon Muhammad Farrukh announces a public intention to acquire over 53 percent stake in Al Shaheer Corporation Limited through a structured share purchase agreement.
State Bank of Pakistan Foreign Exchange Reserves Experience Temporary Outflow Over Debt Obligations
The liquid foreign exchange reserves held by the State Bank of Pakistan registered a short term dip due to external debt servicing before substantial incoming refinancing.
Karachi Port Trust Smashes 138 Year Operational Record with Unprecedented Cargo Volume
The Karachi Port Trust has handled its highest ever annual cargo volume, breaking past its historical 54.685 million tonne record due to upgraded operational infrastructure.
Senate Panel Accuses FBR Officials of Concealing Crucial Tax Collection Data Amid Missing Targets
The Senate Standing Committee on Interior accused Federal Board of Revenue officials of providing misleading information to cover up failures in achieving tax collection targets.
Securities and Exchange Commission of Pakistan Approves 10 IPOs in First Half of 2026
The SECP reports a historic surge in capital market listings, with nine companies raising over 20 billion rupees through diverse public offerings.
Federal Board of Revenue Refutes False Social Media Claims Regarding New Bank Account Recovery Powers
Senior FBR officials clarify that no new powers have been introduced under the Finance Act 2026 to recover taxes from bank accounts without notice.
Karandaaz Pakistan Launches Strategic Gender Policy and WEDI Forum for Economic Inclusion
Karandaaz Pakistan drives system level integration for women with the formal launch of its Gender Strategy and FIWC Round 5 microfinance partnerships.
Chainstore Association of Pakistan Warns Sales Tax Third Schedule Expansion Will Burden Consumers
The Chainstore Association of Pakistan voices concern over the Finance Bill 2026 proposal to add non FMCG goods to the Third Schedule of the Sales Tax Act.
Energy Minister Ali Pervaiz Malik Defends Current Petroleum Pricing Matrix and Outlines Relief Benchmarks
Federal Minister for Energy Ali Pervaiz Malik clarifies fuel pricing methods, showing that state evaluations maintain equity without favoring individual market segments.
Pakistan Government Increases Petroleum Levy to Maintain Flat Retail Fuel Prices
The Petroleum Division holds petrol and diesel rates steady by raising the petroleum levy, absorbing recent declines in global crude oil valuations.