Trade tensions trigger a global sell-off
Global stock markets tumbled after a surprise move by U.S. President Donald Trump, who announced new tariffs on imports, sparking fresh fears of a trade war. Countries like China responded…
FPCCI to host high-profile ASEAN business delegation
Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is set to host a high-profile business delegation of 60 members…
US tariffs are the beginning of a global trade war: Mian Zahid Hussain
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
SITE industrialists urge PM for uniform power tariffs across the country
Ahmed Azeem Alvi, President of SITE Association of Industry Karachi, warmly welcomed Prime Minister Shehbaz Sharif’s announcement of reducing electricity tariffs by Rs. 7.59 per unit for industrial consumers. However,…
inDrive becomes official partner of Islamabad United for PSL 2025
inDrive, proudly announces its partnership with Islamabad United for the Pakistan Super League (PSL) 2025, reinforcing its dedication to empowering communities and promoting sports in Pakistan. “Cricket is at the heart of…
Traders laud recent cut in power tariff
Dr. Shahid Rasheed Butt, a respected business leader and former president of the Islamabad Chamber of Commerce and Industry (ICCI), on Sunday praised the recent reduction in power tariffs as…
Senior Bureau Official Meyer’s Travel to Pakistan
Senior Bureau Official (SBO) for the Bureau of South and Central Asian Affairs, Eric Meyer, will lead an interagency U.S. delegation traveling to Islamabad from April 8-10, 2025, to advance…
Daraz Pakistan teams up with Walee to stream HBL PSL X, matches
Daraz Pakistan, the country’s leading e-commerce platform, has entered into a partnership with Walee, the exclusive digital live-streaming rights holder for HBL Pakistan Super League (HBL PSL) Seasons 9 and…
Cement local dispatches continued downward momentum during March 2025
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by the industry during March 2025 were 2.961 million tons compared to 3.338 million tons…
PM hailed for significant reduction in power prices: Mian Zahid Hussain
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
Pakistan Fertilizer Sector saw weak agronomics impact on offtake
Fertilizer sales in Pakistan have seen a significant decline. Here are the key highlights : Urea Sales - Year-over-year decline: Urea sales dropped by 54% in March 2025, reaching 308,000…
Ministry to support WAPDA for timely completion of Projects: Minister
Federal Minister for Water Resources Mian Muhammad Mueen Wattoo visited WAPDA House yesterday. During his interaction with the senior officers and employees, the Minister said that the Federal Government accords…
The impact of the 29% reciprocal tariffs imposed by the USA on Pakistan will harm exporters
Pakistani exporters have stated that the unexpected 29% reciprocal tariff imposed by the United States on Pakistan will have detrimental effects, although not particularly severe, as competitors will also face…
Pakistan Strategy – Electricity tariff cuts to catalyze industrial revival
In a move to revive industrial activity and reduce inflationary pressures, the Prime Minister announced a power tariff cut of PkR7.41/7.59 per kWh for domestic and industrial consumers, respectively. The…
A review of PSX last week and the future forecast
The two-day trading week following the Eid-ul-Fitr holidays commenced positively, with the KSE-100 index reaching an all-time intraday high of 120,797 points on Friday. The Prime Minister’s announcement of significant…
Pakistan OMC sector sales up by 4% YoY during 9MFY25
Pakistan’s OMC sector saw a 5% YoY growth in petroleum sales, reaching 1.22 million tons in March ’25. The YoY growth in sales is attributable to several factors: i) higher…
Rafique Suleman: Electricity prices should be further reduced to boost exports
Rafique Suleman, former Chairman of the Rice Exporters Association of Pakistan (REAP) and Convener of the FPCCI Rice Standing Committee, appreciated the announcement by Prime Minister Mian Shahbaz Sharif to…
BMG & KCCI leadership appreciate PM’s Relief Package for electricity tariff reduction
The leadership of Businessmen Group (BMG) and Karachi Chamber of Commerce and Industry (KCCI), while highly appreciating Prime Minister Shehbaz Sharif for his timely and impactful announcement of a substantial…
SBP said it reserves increased by US$ 70 million
The total liquid foreign reserves held by the country stood at US$ 15,579.7 million as of 28-Mar-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
Sugar mafia continues to exploit the masses and farmers
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, on Thursday, said the powerful sugar mafia should be controlled as it…
DTI and Tapal Tea and Empower Women through “Uraan” Program
DTI, in collaboration with Tapal Tea, successfully conducted a Recruitment Drive to hire female electricians for its flagship women's empowerment program, “Uraan.” This initiative marks a significant milestone in DTI's commitment to gender…
The wireless power revolution starts with Infinix NOTE 50 Series and Free MagPower
Are you ready to ditch the cords? We’ve come a long way from the days of carrying bulky chargers and being glued to wall sockets. What once took hours now only…
Spinwam-1-1 1 discovery impact on Mari and OGDC: IMS Research
Mari Energies Ltd. (MARI) has announced a third gas and condensate discovery at its highly anticipated Spinwam-1 1 1 exploratory well in the North Waziristan block (formerly Bannu West). The…
Soft launch of the Pakistan Pavilion, World Expo 2025 Osaka
The Pakistan Pavilion for Expo 2025 Osaka was officially unveiled at a soft launch event in Kobe, attended by 120 guests, including dignitaries, cultural enthusiasts, members of the Pakistani diaspora…
Lalpir Power Limited’s results impacted negatively on the stock at PSX today
Lalpir Power Limited recently released its financial results for the year ended December 31, 2024. The announcement came after the Board of Directors meeting on March 28, 2025. While the…
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