October 12, 2026

June 2, 2026

Business leaders in conference discussion

OICCI Business Confidence Decline: Middle East Conflict Triggers 9-Point Index Drop in Wave 29

KARACHI — The Overseas Investors Chamber of Commerce and Industry (OICCI) has released the results of its Business Confidence Index (BCI) Survey Wave 29 for Q2 2026, revealing a sharp 9-percentage-point decline in overall sentiment — down to a positive 13%, compared to 22% in the previous wave. What’s Driving the DeclinE Multinational executives cited […]

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Industrial oil refinery at dusk

Furnace Oil Export Approvals: OGRA Permits Parco to Offload 100,000 MT Amid Domestic Grid Shifts

ISLAMABAD / KARACHI — In a major operational directive to sustain refinery operations, the Oil and Gas Regulatory Authority (OGRA) has formally cleared the Pak-Arab Refinery Limited (PARCO) to export 100,000 metric tonnes of furnace oil in June 2026. Approved by the National Committee on Monitoring of Commodities (NCMC), the massive fuel offloading strategy is

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Government officials at economic briefing

Budget 2026-27 Macroeconomic Plan: Government Targets 4% GDP Growth and 2 Million New Jobs

ISLAMABAD — The Annual Plan Coordination Committee (APCC) has finalized its working papers for the upcoming Budget 2026-27 fiscal year, aggressively targeting an economic growth rate of 4.0% and setting an inflation target of 8.2%. Although the country narrowly missed its previous target by closing out the current fiscal year at 3.7% GDP growth, the

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