Pakistan approves first Skills Impact Bond to empower youth for economic development role
"Pay-for-Success" model will release public or donor funds based on independently verified results like job creation or income thresholds
Federal govt approves Rs72 billion housing subsidy for 50,000 units
Subsidy offers a 5% fixed interest rate for loans up to Rs2 million, and an 8% rate for loans between Rs2 million and Rs3.5 million for the first 10 years
Govt earns Rs 46.73 billion from scrap sale of defunct power plants
Scrap from 61 old units auctioned in two phases; employees reassigned to power distribution companies
BYD launches Pakistan’s first plug-in hybrid pickup, the Shark 6 PHEV, for Rs19.95 million
Hybrid-powered Shark 6 enters competitive pickup segment, offering premium comfort and dual-drive practicality
PSX closes higher by 514 points, driven by S&P rating upgrade and investor optimism
KSE-100 Index ends at 139,207.28, up 514.62 points (0.37%)
Policy rate to go down by 50bps as SBP expected to resume monetary easing: report
SBP’s move aims to boost economic activity and maintain stable inflation as foreign exchange reserves continue to rise, forecasts AKD Research
Government reports Rs2.2 trillion in tax evasion over two years, cites weak enforcement
FBR reveals Rs873 billion in fake invoices discovered in FY24; committee discusses new Finance Bill provisions amid business community concerns
Pakistan teams up with Turkiye, Russia for fresh offshore drilling
Petroleum Division seeks bids for new offshore drilling projects, with bid submission deadline set for October 31, 2025; eyes foreign direct investment in the sector
IMF rejects Pakistan’s proposal to abolish 4% sales tax on unregistered persons, asks to expand tax base
Fund instructs the government to first register 50,000 new taxpayers before revising the tax
Commerce ministry finalizes steel sector reform plan, proposes tariff rationalization, boost exports
Report to be presented for approval to the ECC on Friday
PTA warns public against fake courier messages seeking verification codes
PTA cautions public about rising cyber fraud via courier messages
OICCI Security Survey 2025 highlights notable progress in major cities; calls for broader improvements
Urban gains, rural gaps: OICCI urges nationwide uplift in security standards
Conflict of interest forces JLL to exit Roosevelt hotel deal
Privatisation Commission fast-tracks search for new advisor as global real estate firm withdraws from high-profile New York transaction
Local edible oil prices soar despite global palm oil price drop, govt to take notice
Government pushes for ECC action to pass on global price benefits to consumers following rising costs in Pakistan
Pakistan’s total liquid foreign reserves stand at US$ 19.92 billion as of July 18, 2025
SBP reserves decline by US$ 69 million due to external debt repayments