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Category: Business

Pakistan Plans Income-Based Electricity Tariffs for 100–300 Unit Consumers

February 20, 2026

Government prepares major power pricing overhaul to ensure fair subsidy distribution for low-income households ISLAMABAD: The federal government has initiated sweeping reforms to restructure electricity and gas pricing, shifting from consumption-based tariffs to an income-based subsidy model aimed at protecting low-income households. The proposed framework, being finalized in line with commitments made to the International […]

Mitsubishi Reportedly Plans Full Exit from Pakistan Raising Investment Concerns

February 19, 2026

ISLAMABAD: Former Sindh Governor Mohammad Zubair has shared on X that Mitsubishi Corporation is reportedly set to sell its entire shareholding and exit Pakistan intensifying concerns over the country’s investment climate. If confirmed Mitsubishi would join a growing list of multinationals that have scaled down, restructured, or withdrawn operations in Pakistan including Microsoft Yamaha Motor Company, […]

Ramadan Bank Hours Pakistan 2026: Updated Schedule for Customers

February 19, 2026

Banks Announce Special Ramadan Hours Across Pakistan KARACHI: The State Bank of Pakistan (SBP) has announced revised banking hours for Ramadan 1447 AH, introducing a uniform schedule for all commercial banks, development financial institutions, microfinance banks, and the SBP itself. From Monday to Thursday, banks will operate from 9:00 a.m. to 3:00 p.m., offering uninterrupted […]

Gold Prices Surge in Pakistan; Silver Sees Minor Decline

February 15, 2026

Gold Prices Soar in Pakistan as Silver Edges Down KARACHI: Gold prices in Pakistan witnessed a sharp rise on Saturday, with local markets recording an increase of Rs7,000 per tola. Following the surge, one tola of gold is now priced at Rs526,962, while 10 grams of gold rose by Rs6,001 to Rs451,785. The increase mirrors […]

China to Grant Zero Tariff Access to Imports from 53 African Nations

February 15, 2026

BEIJING: China will implement zero-tariff treatment for imports from 53 African countries with which it maintains diplomatic relations, starting May 1 according to state media reports. The move marks a major expansion of Beijing’s trade policy toward the continent. China already applies a zero tariff policy to imports from 33 African nations, but last year […]

Tiggo 9 PHEV Launches in Pakistan: Great News for Families and Tech Enthusiasts

February 14, 2026

Chery Pakistan unveils flagship Tiggo 9 PHEV with premium features and 1.36 crore rupee ex-factory price Chinese automotive brand Chery Pakistan officially launched its flagship Tiggo 9 Plug-in Hybrid Electric Vehicle (PHEV) in Pakistan, marking a significant step in the local hybrid SUV market. The ex-factory price for the seven-seater all-wheel-drive SUV is set at […]

Finance Ministry Reports Rs833 Billion Losses by State Owned Enterprises

February 14, 2026

ISLAMABAD: The Finance Ministry has released a report detailing the financial performance of state owned enterprises (SOEs) revealing that loss making public sector companies inflicted a combined loss of Rs833 billion on the national exchequer during fiscal year 2024/25. According to the report the National Highway Authority (NHA) recorded the highest losses at Rs295 billion. […]

PSX Extends Losses as KSE 100 Drops Nearly 1,800 Points

February 9, 2026

KARACHI: Selling pressure persisted at the Pakistan Stock Exchange (PSX) on Monday, extending last week’s sharp losses as investor sentiment remained subdued amid rising domestic uncertainties and external geopolitical concerns. The benchmark KSE-100 index witnessed a volatile session, recording an intra day high of 185,650.60 and a low of 180,992.80. By the close the index […]

World Bank Reaffirms Support for Pakistan’s 10Year Growth Plan

February 8, 2026

ISLAMABAD: World Bank Managing Director Anna Bjerde has reaffirmed the institution’s strong support for Pakistan’s $20 billion development program aimed at maximising long term economic and social impact. The reaffirmation came during a meeting between Finance Minister Muhammad Aurangzeb and the World Bank managing director on the sidelines of the Annual AlUla Conference for Emerging […]

Trump Declares Inflation Win Voters Skeptical

February 8, 2026

U.S. President Donald Trump has repeatedly declared victory over inflation in recent speeches, even as many Americans report rising living costs. A review of five economic addresses since December shows Trump claimed nearly 20 times that inflation had been defeated and referenced falling prices almost 30 times assertions analysts and voters say conflict with grocery […]

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Category: Business

Pakistan Plans Income-Based Electricity Tariffs for 100–300 Unit Consumers

Mitsubishi Reportedly Plans Full Exit from Pakistan Raising Investment Concerns

Ramadan Bank Hours Pakistan 2026: Updated Schedule for Customers

Gold Prices Surge in Pakistan; Silver Sees Minor Decline

China to Grant Zero Tariff Access to Imports from 53 African Nations

Tiggo 9 PHEV Launches in Pakistan: Great News for Families and Tech Enthusiasts

Finance Ministry Reports Rs833 Billion Losses by State Owned Enterprises

PSX Extends Losses as KSE 100 Drops Nearly 1,800 Points

World Bank Reaffirms Support for Pakistan’s 10Year Growth Plan

Trump Declares Inflation Win Voters Skeptical

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