Category: Business

Hormuz

PSX Crashes Over 4,200 Points as Hormuz Crisis Triggers Massive Investor Sell-Off

Escalating geopolitical tensions surrounding the Strait of Hormuz triggered a broad-based sell-off at the Pakistan Stock Exchange, with soaring oil prices fueling fears of inflation and economic uncertainty. Pakistan’s stock market suffered a dramatic setback on Tuesday as escalating tensions between the United States and Iran sparked panic selling, sending the benchmark KSE-100 Index tumbling […]
Pakistan

Pakistan Breaks All Records as Seafood Exports Soar to Historic $568 Million

Reforms under Pakistan’s Blue Economy initiative drive record seafood exports, with frozen fish leading shipments to major global markets. Pakistan’s seafood exports have reached an all-time high of $568 million, marking a major milestone for the country’s maritime economy and export sector. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry credited the achievement to […]
Export

PM Shehbaz Orders Major SME Loan Reforms to Unlock Pakistan’s Export Potential

Prime Minister Shehbaz Sharif directs authorities to simplify SME financing, strengthen SMEDA support, and introduce export-focused reforms to accelerate economic growth. Pakistan has stepped up efforts to strengthen its export sector after Prime Minister Shehbaz Sharif directed authorities to make financing more accessible for small and medium-sized enterprises (SMEs), describing the sector as a key […]
Pakistan

Pakistan’s Auto Industry Faces Major Shock as New Tariff Rules Threaten Billions in Investment

Pakistan’s automotive manufacturers warn that the Finance Act 2026 has created tariff imbalances that could halt local vehicle production, discourage investment, and put millions of livelihoods at risk. Pakistan’s automotive industry has raised serious concerns over the newly enacted Finance Act 2026, warning that controversial tariff changes could severely damage local manufacturing and threaten billions […]
Petroleum Levy

Pakistan Government Suddenly Revises Petroleum Levy, New Petrol and Diesel Rates Spark Questions

The federal government has increased the petroleum levy on petrol while reducing it on high-speed diesel, with the revised rates taking effect immediately under a new official notification. Pakistan’s federal government has revised the petroleum levy on major petroleum products, issuing a new notification that changes the levy structure for petrol and high-speed diesel with […]
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