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 […]
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
ISLAMABAD / KARACHI — In a major financial relief package aimed at cushioning the public from surging inflation, the federal government has officially slashed the prices of petrol and high-speed diesel (HSD) by Rs22 per liter. Deemed a major relief milestone by consumer associations, the price drop is expected to ease domestic transportation and supply
ISLAMABAD — Stepping forward to push back against widespread social media claims, the Ministry of Energy (Power Division) has released an exhaustive media brief outlining the national power sector’s performance. Energy Minister Awais Khan Leghari confirmed that the state-funded power subsidies for protected consumers have more than doubled since 2022, reaching a massive Rs423 billion
ISLAMABAD — In a sudden shift to control energy expenditures, the district magistrate’s office has officially restored early market closure restrictions across Islamabad starting today. Under the new austerity guidelines, all retail shops, markets, and shopping malls are strictly mandated to close by 8:00 p.m. throughout the week. Restaurants, wedding halls, and grocery stores have
HANGZHOU — Standing before top-tier Chinese business tycoons and global tech leaders at the Hangzhou summit, Prime Minister Shehbaz Sharif formally declared that Chinese business leaders are central to Pakistan’s upcoming “economic transformation and industrial modernization.” Addressing investors directly with the slogan “Pakistan is open for business. Pakistan is reforming. Pakistan is rising,” the government
BEIJING — In tandem with the B2B tech signings, China is officially exploring long-term commodity procurement and sector-specific investments in Pakistan’s mining, agriculture, and textile sectors. Following a high-level official engagement between Commerce Minister Jam Kamal Khan and top executives from eight prominent Chinese corporate giants, Beijing laid out plans to diversify its import footprint.
HANGZHOU / ISLAMABAD — In a major economic breakthrough, Pakistani and Chinese companies have officially signed cooperation agreements and Memorandums of Understanding (MoUs) worth a massive $1.22 billion. The historic deals were finalized at the Pakistan-China Business Conference in Hangzhou, witnessed directly by Prime Minister Shehbaz Sharif and the Governor of Zhejiang Province, Mr. Liu
ISLAMABAD — Prime Minister Shehbaz Sharif is scheduled to embark on a vital four-day official visit to China starting tomorrow. Marking the historic 75th anniversary of Pakistan-China diplomatic relations, the visit’s primary objective is economic and digital acceleration. The PM will kick off his trip in Hangzhou, where he will personally chair the Pakistan-China Business-to-Business
ISLAMABAD — President Asif Ali Zardari has officially approved the Special Economic Zones (Amendment) Bill 2026. Passed by both houses of Parliament, the new legislation replaces the previous temporary ordinance and completely upgrades Pakistan’s fiscal policy framework. The amended law establishes an investor-friendly dispute resolution mechanism and legally binds federal and provincial governments to provide
© 2025, Dleaders All Rights Reserved
