May 29, 2026

Business

Industrial Modernization Shift: PM Shehbaz Declares Reformed Pakistan Open for Global Business Tech

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 […]

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China B2B Investment Accords: Pakistani and Chinese Firms Ink Massive $1.22 Billion Deals in Hangzhou

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

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SEZ Act Amendment Approved: President Zardari Signs Bill Offering New Incentives for Private Developers

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

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Corporate Solar PPA Boom: Major Industrial Hubs Sign 50MW Captive Power Deals with Local Providers

KARACHI / LAHORE — Driven by rising grid tariffs, Pakistan’s corporate sector is rapidly expanding its independent clean energy infrastructure. Today, three major industrial consortiums signed long-term corporate Power Purchase Agreements (PPAs) totaling 50MW of rooftop and ground-mounted solar capacity. These captive power plants will supply uninterrupted green electricity directly to manufacturing units in the

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Balochistan Mineral Security Corridor: PM Orders Strict Security Protocols to Protect Mega Investments

RAWALPINDI / QUETTA — Prime Minister Shehbaz Sharif has issued directives to establish a dedicated “Mineral Security Corridor” in Balochistan to safeguard large-scale international mining and infrastructure projects. Simultaneously, Chief of Army Staff (COAS) General Asim Munir visited the Quetta Garrison, where he emphasized that Pakistan’s economic and technological rise cannot be derailed by hostile

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Blockchain Sovereign Bonds: Pakistan to Launch Tokenized Bonds and Naya Pakistan Certificates

ISLAMABAD — In a massive tech-driven shift to modernize the capital markets, Finance Minister Muhammad Aurangzeb has chaired a high-level meeting to review the tokenization of sovereign bonds and Naya Pakistan Certificates (NPCs) via blockchain infrastructure. Partnering with the State Bank of Pakistan (SBP) and the newly formed Pakistan Virtual Assets Regulatory Authority (PVARA), the

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Market Closure Restrictions Suspended: Federal Government Removes Closing-Time Curbs Until May 31

ISLAMABAD — The Federal Cabinet, led by Prime Minister Shehbaz Sharif, has officially suspended all business and market closing-time restrictions across the country until May 31, 2026. The emergency exemption temporarily overrules the austerity measures enacted on April 6. This means shopping malls, bazaars, retail shops, bakeries, and restaurants nationwide can now remain open 24/7

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S&P Macroeconomic Risk Warning: Pakistan Flagged as Most Exposed APAC Country to Middle East War

ISLAMABAD / KARACHI — A grueling report by S&P Global Market Intelligence has flagged Pakistan as the Asia-Pacific (APAC) economy most vulnerable to severe macroeconomic stress if conflicts in the Middle East persist. Due to a heavy dependence on imported energy and regional industrial inputs, a prolonged shock could choke domestic manufacturing and strain fiscal

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SLM Tyres IPO Alert: Pakistan’s First Radial Tyre Manufacturer to Go Public Amid Logistics Boom

KARACHI — Service Long March (SLM) Tyres, Pakistan’s first domestic manufacturer of all-steel radial tyres, is set for a major Initial Public Offering (IPO). Operating from a 50-acre facility in Sindh, SLM has captured 43% of the domestic radial market and recently expanded exports to the US and Brazil. Investors are closely watching this listing

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Google Cloud Pakistan Launch: Tech Giant to Setup First Cloud Region in Islamabad

In a monumental move for the country’s digital landscape, Google has officially announced the establishment of its first “Cloud Region” in Pakistan. This infrastructure will allow local businesses, government agencies, and start-ups to store and process data within national borders, significantly reducing latency and enhancing security. IT experts believe this move will attract billions in

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