KARACHI June 13,2026: Pakistan Yarn Merchants Association (PYMA) Chairman Saqib Goodluck has termed the Federal Budget 2026-27 an “elitist budget,” accusing the government of completely ignoring small and medium enterprises (SMEs) and failing to fulfill longstanding commitments made to the textile trade community. In a strongly worded statement, Goodluck …
Read More »
KARACHI June 13,2026: Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), Salim Valimuhammad, has criticized the Federal Budget 2026-27, saying it ignores key proposals from commercial importers and fails to address long-standing trade sector concerns. In a statement, he said the government retained the Export Facilitation Scheme (EFS) …
Read More »
KARACHI June 13,2026: Founder Chairman of the Salt Manufacturers Association Pakistan (SMAP), Ismail Suttar, has criticized the Federal Budget 2026-27, saying it fails to introduce meaningful measures to revive exports at a time when Pakistan urgently needs higher foreign exchange earnings. In a statement, Suttar said the budget lacks a …
Read More »
LAHORE, June 13, 2026: Zindigi (JS Bank) has partnered with WASA Lahore to introduce Raast QR-based bill payments, taking another step toward digital public services and a cashless economy. The initiative supports the Punjab Chief Minister’s Smart City vision and promotes digital financial inclusion. As a result, WASA customers can …
Read More »
KARACHI, June 13, 2026: President of the United Business Group (UBG) and former FPCCI President Zubair Tufail has welcomed the Federal Budget 2026-27, saying it supports economic stability. However, he urged the government to introduce stronger measures to boost exports, resolve the energy crisis, and promote industrial growth. According to …
Read More »
KARACHIJune 12,2026: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has welcomed the Economic Survey 2025-26, saying its figures indicate gradual economic recovery. However, he urged the government to introduce long-term reforms to accelerate growth. Magoon said Pakistan achieved 3.7 percent …
Read More »
KARACHI June 12 ,2026: The SITE Association of Industry (SAI) has expressed mixed views on the Federal Budget 2026-27. While it welcomed some measures, it said the budget falls well short of addressing the urgent needs of Pakistan’s manufacturing sector. SAI President Abdul Rehman Fudda said the government showed positive …
Read More »
KARACHI, June 11, 2026: Pakistan’s automobile industry recorded mixed performance in May 2026, as car sales increased on an annual basis but declined compared to the previous month. According to data released by the Pakistan Automotive Manufacturers Association (PAMA), car sales reached 17,660 units in May 2026. This reflects a …
Read More »
KARACHI, June 11, 2026: Zong, a leading technology service provider in Pakistan, has partnered with the Pakistan Airports Authority (PAA) to launch a dedicated 5G Customer Facilitation Desk at Jinnah International Airport, Karachi. The company aims to improve passenger experience. Therefore, it now offers SIM activation, high-speed mobile data, and …
Read More »
KARACHI ,June 11,2026: The State Bank of Pakistan (SBP) has launched its first-ever Research Agenda for 2026-2029, outlining key research priorities to support evidence-based policymaking and strengthen the country’s financial system. The agenda comes at a time when economies face rapid technological change, recurring supply shocks, climate challenges, and long-standing …
Read More »
The Biz Update One of Pakistan's Most Reliable Business News Website