Jazz, JazzCash, and Mobilink Bank Commit PKR 100 Million for Flood Relief and Rehabilitation Across Pakistan
Jazz, JazzCash, and Mobilink Bank have pledged PKR 100 million for flood relief and rehabilitation in Pakistan. The program provides free telecom services, essential supplies, a JazzCash matching grant for donations, and long-term financing solutions to restore livelihoods, with special focus on women and children.
KSE-100 Index Falls 380 Points as Profit-Taking and Global Market Uncertainty Hit PSX
The KSE-100 Index at the Pakistan Stock Exchange dropped 380 points as profit-taking and global market uncertainty weighed on investor sentiment. The rupee, however, continued its upward streak against the US dollar.
Standard Chartered Pakistan Reports 23% Drop in H1 2025 Profit Amid Rising Costs and Sector Pressures
Standard Chartered Pakistan reported a 23% decline in profit for H1 2025, posting Rs 16.56 billion net earnings. The bank faced lower interest income and higher costs but declared a 35% interim dividend, highlighting resilience in a challenging banking environment.
World Bank Approves $47.9 Million Grant to Strengthen Primary Education in Punjab
The World Bank has approved a $47.9 million grant to expand access to quality education in Punjab, Pakistan. The project will enhance early childhood learning, re-enroll out-of-school children, train teachers, and improve the education system’s resilience to climate change and emergencies.
FBR Announces Revised Withholding Tax Rates on Rental Income for 2025–26
The Federal Board of Revenue (FBR) has released revised withholding tax rates on rental income for 2025–26. With progressive slabs for individuals and AOPs, and higher flat rates for non-ATL companies, the new policy aims to improve documentation, strengthen revenue collection, and push property owners towards tax compliance.
Asian Development Bank Approves $300 Million Financing for Pakistan Copper Project
The Asian Development Bank has approved a $300 million loan to support Pakistan’s copper project, aiming to boost the country’s mining sector, enhance foreign exchange earnings, and position it in the global copper supply chain while ensuring sustainability and compliance standards.
Banking and Fertiliser Sectors Drive Gains as PSX Closes Higher Amid Volatile Session
The Pakistan Stock Exchange closed higher with the KSE-100 index gaining 258 points, led by strength in banking and fertiliser sectors. Despite the positive finish, trading volumes declined as investor sentiment remained cautious amid sectoral divergence and macroeconomic uncertainties.
Roshan Digital Accounts Record USD 185 Million Inflows in July, Total Crosses USD 10.7 Billion
Roshan Digital Accounts (RDA) attracted USD 185 million inflows in July 2025, raising cumulative inflows to USD 10.748 billion. The scheme continues to provide overseas Pakistanis with secure investment options while supporting Pakistan’s financial stability.
Privatisation Commission Seals Advisory Pact to Fast-Track ZTBL Sell-Off
The Privatisation Commission has signed a financial advisory pact with Next Capital-led consortium to oversee the sell-off of Zarai Taraqiati Bank Limited, aiming to modernise agricultural finance, attract private investment, and boost credit access for farmers and rural communities.
PSX Ends Week Flat as Late Selling Offsets Early Gains
The Pakistan Stock Exchange closed nearly unchanged on Friday as late selling erased earlier gains, with the KSE-100 Index slipping 37 points amid lower trading volumes.