SBP’s FX reserves increased by US$ 25 million
The total liquid foreign reserves held by the country stood at US$ 22,506.1 million as of 13-Aug-2026. The break-up of the foreign reserves position is as under: Foreign reserves held…
Chief Collector Customs assures KCCI of faster clearance, reduced physical examination
Chief Collector Customs Appraisement Wajid Ali has assured the business community that newly installed scanning facilities will reduce physical cargo examinations, improve clearance times, and prevent recurring backlogs at Karachi’s…
Karachi Port charts a course for a smarter, future-ready port ecosystem
Karachi Port Trust is advancing a comprehensive transformation of the port ecosystem, with a focus on deeper and more efficient navigation, modern equipment, digitalisation, selective AI integration and continuous human-capital…
Maritime Minister Junaid Anwar Chaudhry seeks policies to unlock $10bn fisheries potential
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhary said work was underway on the National Fisheries and Aquaculture Policy, aimed at unlocking the sector’s potential to generate up to…
KPT awarded contract to NDMS for Karachi Port dredging
KPT has awarded a contract to National Dredging & Marine Services (NDMS) to commence dredging operations at Karachi Port, marking a significant step in increasing the depth of the Approach…
IFC and Bank Alfalah launch Pakistan’s first diversified payment rights issuance
The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement for up to US$100 million in Pakistan’s first Diversified Payment Rights (DPR) note. This initiative aims…
Hubc is set to announce its 4QFY26 and FY26 financial results shortly
Hub Power Company Limited is set to announce its 4QFY26 and FY26 financial results shortly. We expect HUBC to report 4QFY26 EPS of PKR 9.27, up 2.3% YoY and 11.3%…
Meezan Bank launches 24/7 assisted service center
Meezan Bank has opened its first Service Center at Clifton Bridge, Karachi, featuring a customer-centric banking model that offers round-the-clock digital access alongside personalized support. Located in a busy area,…
JS Bank wins Mobile App award at Asian Banking & Finance Fintech Awards 2026
JS Bank was awarded the Mobile App Award at the Asian Banking & Finance Fintech Awards 2026 for its digital banking application. Key features include JSense, Pakistan's first in-app AI…
Pakistan’s external account narrowed during 1MFY27
Pakistan’s external account narrowed during 1MFY27, with the current account (CA) recording a deficit of USD 328mn, compared with USD 814mn in 1MFY26. The improvement was primarily supported by a…
PAFLA to hold national recognition ceremony for freelancers
The Pakistan Freelancers Association (PAFLA) is set to host the country's inaugural freelancers' awards ceremony on August 29 at Governor House Sindh. The event aims to recognize the significant contributions…
Onic marks three years of redefining digital telecom, rooted in Azaadi’s Spirit
As Pakistan celebrated 79 years of independence, Onic marked its three-year anniversary as the country's first fully digital, app-based telecom brand. Launched intentionally on Independence Day in 2020, Onic aimed…
Important talks between PPDA and OCAC on petroleum dealers’ issues
Malik Khuda Bakhsh, Chairman of the Pakistan Petroleum Dealers Association (PPDA), emphasized the need to protect the interests of 15,000 petroleum dealers during a crucial meeting with the Oil Companies…
Hutchison Ports Pakistan invests USD 76 million in advanced equipment
Hutchison Ports Pakistan, the country’s only state-of-the-art deep-water container terminal, announced a major upgrade to its operations with a USD 76 million investment program spanning 2026 and 2027. The investment…
The Prime Minister’s package for the construction industry would be a game-changer
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI, and Former Provincial Minister Information Technology,…
easypaisa and 5th Pillar Family Takaful launch Shariah-compliant Umrah savings plan
easypaisa, Pakistan's leading digital bank, has partnered with 5th Pillar Family Takaful to launch the 5th Pillar Family Takaful Umrah Savings Plan, a Shariah-compliant savings and protection solution that enables…
Pakistan power sector and its production in July 2026
AHL Research has published a report on the Pakistan Power Sector and its production in July 2026, which shows a strong recovery; higher FCA persists. Jul’26: Power generation up 7.1%…
BanAlfalah launches digital Islamic consumer finance centre in Naya Nazimabad
Bank Alfalah, one of Pakistan's largest commercial banks, has inaugurated Pakistan's first Digital Islamic Consumer Finance Centre (ICFC) at Naya Nazimabad, Karachi. The inauguration ceremony was attended by the Bank's…
Daraz Pakistan has launched its official e-pharmacy
Daraz Pakistan has launched its official e-pharmacy, offering customers convenient access to over 450 authentic over-the-counter medicines and healthcare products from more than 20 trusted brands. Operated through a licensed…
ABHI Bank posts record half-year profit of PKR 1.502 billion
ABHI Bank reported a profit after tax of PKR 1.502 billion for the six months ending June 30, 2026, surpassing its entire 2025 profit of PKR 1.019 billion. This marks…
ECO’s economic potential must be converted into tangible trade and investment, President FPCCI
Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and President of the ECO Chamber of Commerce and Industry (ECO-CCI), has stressed upon transforming…
Martin Dow teams up with Sindh Health Department to expand primary healthcare at Baba Island.
Martin Dow and the Government of Sindh have entered into a partnership to strengthen access to quality primary healthcare services for the community of Baba Island, Keamari Town. Under the…
Toyota employees transform their Independence Day pride into a sense of civic duty
After Independence Day celebrations, employees of Indus Motor Company Limited (IMC), the manufacturer of Toyota vehicles in Pakistan, volunteered for a National Flag Collection Drive to clean up flags and…
Goods transporters’ strike deferred for 40 days, welcomed by industry, KATI President
President of the Korangi Association of Trade and Industry (KATI) Muhammad Ikram Rajput has welcomed the decision to defer the nationwide strike by goods transporters for 40 days following successful…
Maritime minister announces 400-acre Port Qasim garment city project, 138,000 jobs projected
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced plans to establish a 400-acre apparel zone at Port Qasim, with its first phase projected to create more than…
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