Beyond Today, Into Tomorrow
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has expressed concern over the government’s move to aggressively recover super tax following the recent decision of the Federal Constitutional Court (FCC) upholding its legality. The chamber cautioned that demanding large tax payments in a single tranche would disrupt business operations and further strain the country’s…
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday challenged the Power Division’s circular debt report, calling it technical adjustments, accounting reclassifications, and changing goal posts without a material improvement in power sector efficiency. The apex trade body also alleged the parking of financial liabilities outside balance sheets, particularly in the…
ISLAMABAD: Pakistan and Sri Lanka on Wednesday established a Joint Working Group on IT and Digital Economy to collaborate in emerging technologies and digital transformation. During the 13th Session of the Joint Economic Commission (JEC) held in Colombo, both countries reaffirmed their commitment to strengthening bilateral economic relations further and expanding cooperation across multiple sectors….
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the disposal of 500,000 metric tons of surplus wheat stock held by the Pakistan Agricultural Storage and Services Corporation (PASSCO) and sanctioned the distribution of confiscated solar panels to the Government of Gilgit-Baltistan. The meeting, chaired by Federal Minister for Finance and Revenue…
Karachi, January 28, 2026 – Silver prices in Pakistan have continued their impressive upward trajectory, reaching new local highs amid a strong global precious metals rally. The chandi ka rate today stands at Rs. 11,640 per tola, reflecting a steady climb driven by international silver prices surging past $111 per ounce and strong correlated demand…
KARACHI: Gold and Silver prices surged to an all-time high in Pakistan on Wednesday, January 28, in line with a sharp rally in the international bullion market, according to the All Pakistan Sarafa Gems and Jewellers Association (APSGJA). The price of 24-karat gold per tola jumped by Rs21,100 to settle at Rs551,662. Similarly, the price…
DUBAI: A city that has always amazed the world with its unique constructions, Dubai is now preparing for another historical wonder. The world’s first ‘Gold Street’, made of gold, is coming to the Dubai Gold District. This major announcement was made during the official launch of the Ithra Dubai Gold District. Officials have stated that…
Pakistan’s cotton yarn exports to China recorded solid growth in 2025, exceeding $451 million, underscoring the resilience and long-term maturity of bilateral textile trade under the China–Pakistan economic partnership. According to data from China’s General Administration of Customs (GACC), exports of uncombed single cotton yarn (cotton =85%, yarn =714.29 decitex) under HS code 52051100 alone…
UK’s biggest banks, including HSBC and NatWest, are set to follow their European counterparts and raise profit targets when they report annual earnings in the coming weeks, people close to the matter said. HSBC is expected to lift its return on tangible equity (ROTE) outlook – a key measure of profitability – above its current…
Oil prices fell on Tuesday even as a massive winter storm hit crude production and affected refineries on the US Gulf Coast. Brent crude futures fell 28 cents, or 0.4%, to $65.31 a barrel at 0145 GMT. US West Texas Intermediate crude was at $60.39 a barrel, down 24 cents, or 0.4%. In the US,…
