July 16, 2026

Thick smoke rising from an industrial factory fire in Karachi

Regional Utility Competitiveness: SITE and KATI Industrialists Demand Regional Power Tariffs to Protect Exports

KARACHI — Seeking immediate federal and provincial intervention to maintain export momentum, top business leaders from the Karachi SITE Association and Korangi Association of Trade and Industry (KATI) have officially urged the government to implement regional utility competitiveness measures. During a high-profile session, SITE President Abdul Rehman Fudda and KATI Patron-in-Chief Zubair Motiwala briefed Sindh

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Officials shaking hands at Pakistan-China investment signing

Pakistan China Investments: MoUs Worth $20 Billion Transition Into Formal Commercial Contracts

BEIJING / ISLAMABAD — Strategic economic cooperation between Islamabad and Beijing has crossed a major milestone as over $20 billion worth of Memorandums of Understanding (MoUs) successfully transition into active commercial contracts. Pakistan’s Ambassador to China, Khalil Hashmi, briefed Finance Minister Muhammad Aurangzeb on the development, highlighting massive private sector engagement. The transition includes nine

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PAITS Pakistan livestock traceability system launch

Livestock Export Modernization: PM Shehbaz Launches PAITS and Guarantees 100% Vaccine Funding

ISLAMABAD — To rapidly scale up Pakistan’s agricultural export footprint, Prime Minister Shehbaz Sharif has formally launched the Pakistan Animal Identification and Traceability System (PAITS) during a national seminar in Islamabad. Addressing industry leaders, the Premier guaranteed that the federal government will provide 100% funding for the local development of Foot and Mouth Disease (FMD)

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Shipping containers at port, trade deficit report

Trade Deficit Decade-High: Imports Outpace Exports in FY26 as Deficit Touches $39.6 Billion

ISLAMABAD — Pakistan Bureau of Statistics (PBS) has officially released the finalized fiscal data for FY2025-26, revealing that the country’s trade deficit has expanded to a staggering $39.6 billion—the highest level recorded in over a decade. Driven by a continuous surge in energy imports and global commodity prices, overall imports climbed to $69.7 billion, representing

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