July 14, 2026
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Hormuz Shipping Reopens: Pakistan and Qatar Broker Crucial 60-Day Peace Waiver for Global Trade

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ISLAMABAD / BURGENSTOCK — Following intense, high-level diplomatic mediation at the Burgenstock resort in Switzerland, Pakistan and Qatar have successfully brokered a monumental joint-diplomatic breakthrough. Under the newly established framework, the US and Iran have agreed to an immediate 60-day operational waiver to restore absolute stability to the regional trade lines. The core agreement guarantees […]

Hormuz Shipping Reopens: Pakistan and Qatar Broker Crucial 60-Day Peace Waiver for Global Trade Read More »

Vehicle Import Duty Reduction: Commerce Ministry Proposes Sweeping Engine Tariff Cuts Across All Slabs

Auto Industry, Business / Leave a Comment

ISLAMABAD — In a major development expected to dramatically shake up the domestic auto market, the Ministry of Commerce has briefed the parliamentary finance panel on a comprehensive plan to rationalize import duties across multiple vehicle engine capacities. Under the newly tabled framework, total cumulative duties and taxes on standard 1800cc cars will plummet from

Vehicle Import Duty Reduction: Commerce Ministry Proposes Sweeping Engine Tariff Cuts Across All Slabs Read More »

IT Export Concessional Tax: Government Secures 0.25% Fixed Regime Until June 2029 for Software Houses

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ISLAMABAD / KARACHI — Providing massive long-term certainty to the country’s booming digital ecosystem, the final draft tracking of the FY2026-27 budget confirms that the concessional 0.25% final tax rate on IT export earnings is officially secured until June 2029. The decision comes right as data reveals Pakistan’s IT and telecom exports surged by 20%

IT Export Concessional Tax: Government Secures 0.25% Fixed Regime Until June 2029 for Software Houses Read More »

Central Asian Transit Trade: Pakistan and Uzbekistan Open Direct Trucking Routes via Afghanistan

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PESHAWAR / TASHKENT — In a major boost to regional trade diversification, the first commercial cargo fleet under the Trans-Regional Transit Trade agreement has successfully moved from Tashkent, Uzbekistan, arriving in Peshawar via the land route through Afghanistan. Utilizing the international TIR convention for seamless border customs clearance, the new corridor slashes regional freight transport

Central Asian Transit Trade: Pakistan and Uzbekistan Open Direct Trucking Routes via Afghanistan Read More »

Service Long March Listing: Finance Minister Celebrates SLM Tyres IPO on Pakistan Stock Exchange

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KARACHI — Marking a historic milestone for localized manufacturing, Finance Minister Muhammad Aurangzeb virtually chaired the high-profile “Gong Ceremony” at the Pakistan Stock Exchange (PSX) to mark the formal listing of Service Long March (SLM) Tyres Limited. SLM, the country’s premier domestic radial tyre exporter, successfully completed its Initial Public Offering (IPO) amid soaring investor

Service Long March Listing: Finance Minister Celebrates SLM Tyres IPO on Pakistan Stock Exchange Read More »

Agricultural Sector Economic Rebound: PM Shehbaz Orders Cotton Board Setup and Chinese Seed Tech Deals

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ISLAMABAD — Betting heavily on agriculture to spearhead national economic recovery in the upcoming FY27 framework, Prime Minister Shehbaz Sharif has held deep consultations with farm leaders and value-added industrial corporations. The PM ordered the immediate reconstitution and notification of the National Cotton Board and directed a massive structural modernization of the Pakistan Agricultural Research

Agricultural Sector Economic Rebound: PM Shehbaz Orders Cotton Board Setup and Chinese Seed Tech Deals Read More »

Small Traders Tax Scheme: FBR to Launch Simplified Portal for Shopkeepers in FY27 Budget

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ISLAMABAD — The Federal Board of Revenue (FBR) has finalized a comprehensive “Small Taxpayers Guidance System” set to be formally rolled out in the upcoming federal budget. Tailored explicitly for small traders and shopkeepers with an annual turnover of up to Rs20 million, the voluntary scheme introduces simplified registration criteria through the IRIS web portal

Small Traders Tax Scheme: FBR to Launch Simplified Portal for Shopkeepers in FY27 Budget Read More »

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

Business, Economy, Uncategorized / Leave a Comment

KARACHI — The Overseas Investors Chamber of Commerce and Industry (OICCI) has officially released the high-stakes results of its Business Confidence Index (BCI) Survey Wave 29 for Q2 2026. The comprehensive national audit reveals a sudden 9 percentage point drop, dragging overall business sentiment down to a positive 13% compared to 22% in the previous

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

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

Business, Uncategorized / Leave a Comment

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

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

Capital Market Restrictions Restored: Islamabad Orders 8 PM Shutterdown Amid Regional Energy Strain

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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

Capital Market Restrictions Restored: Islamabad Orders 8 PM Shutterdown Amid Regional Energy Strain Read More »

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