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FBR Files FIR in Rs7.5B Pharma Money Laundering Case

02-May-2026
The Directorate of Intelligence and Investigation of the Federal Board of Revenue (FBR) has registered a first information report (FIR) alleging money laundering against a Karachi-based pharmaceutical...
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FBR Files FIR in Rs7.5B Pharma Money Laundering Case

Fuel Prices Revised: Kerosene Down, Diesel and Petrol Up

02-May-2026
The government has revised petroleum product prices, reducing kerosene rates while increasing the price of light diesel oil in response to fluctuations in international oil markets and exchange rate p...
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Fuel Prices Revised: Kerosene Down, Diesel and Petrol Up

Petroleum Pricing Gap Raises Refinery Profits, Consumer Costs

01-May-2026
A pricing distortion within Pakistan’s petroleum pricing framework has led to substantial windfall gains for domestic refineries, while transferring elevated costs to end-consumers, despite a recent...
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Petroleum Pricing Gap Raises Refinery Profits, Consumer Costs

Pakistan Mobile Production Rises 20% in March 2026

01-May-2026
Pakistan’s mobile phone manufacturing and assembly recorded a 20 per cent year-on-year increase in March 2026, with total production reaching 2.79 million units, according to figures released by the...
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Pakistan Mobile Production Rises 20% in March 2026

Govt Cuts Passport Time, Introduces Cashless System

01-May-2026
The federal government has approved a series of reforms aimed at enhancing the passport issuance process, focusing on reducing turnaround times and implementing a nationwide cashless payment system ac...
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Govt Cuts Passport Time, Introduces Cashless System

Balochistan Imposes Section 144 to Control Wheat Movement

01-May-2026
The Government of Balochistan has enforced Section 144 across border districts to curb the movement of wheat and address concerns related to smuggling and hoarding, according to official statements.As...
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Balochistan Imposes Section 144 to Control Wheat Movement

Visa Reports 80% Rise in Premium Card Spending Pakistan

30-Apr-2026
Visa has recorded an 80 per cent year-on-year surge in spending on premium consumer cards in Pakistan during the Ramazan and Eidul Fitr period, primarily driven by increased expenditure on travel, ret...
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Visa Reports 80% Rise in Premium Card Spending Pakistan

AGP Approves Expansion, Pharma Deals, and Growth Strategy

30-Apr-2026
The board of AGP Limited has sanctioned a series of strategic initiatives, including new pharmaceutical manufacturing and marketing collaborations, while granting approval to actively pursue potential...
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AGP Approves Expansion, Pharma Deals, and Growth Strategy

SBP Sets 15-Day Deadline for Housing Loan Approvals

30-Apr-2026
The State Bank of Pakistan (SBP) has rolled out revised measures under its affordable housing finance scheme, mandating banks to finalize loan approvals within 15 working days in a bid to minimize pro...
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SBP Sets 15-Day Deadline for Housing Loan Approvals

Checkout Payment Issues Cost Pakistan Ecommerce $1.61B Annually

30-Apr-2026
Pakistan’s e-commerce industry is incurring an estimated annual loss of $1.61 billion at the checkout stage due to inefficiencies in cross-border payment systems, according to a report issued by Pay...
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Checkout Payment Issues Cost Pakistan Ecommerce $1.61B Annually
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