KARACHI, June 04, 2026: BYD Pakistan releases Time Machine, the third episode of The Great Pakistan Adventure. The series explores Pakistan’s landscapes, communities, and cultural heritage. It uses immersive travel storytelling featuring the BYD Shark 6. This time, creator and storyteller Maryam Raja leads the journey. She travels through Sukkur, …
Read More »Prime Minister Should Ensure Export-Led Growth in the Upcoming Federal Budget, SM Tanveer
KARACHI 3June 2026: SM Tanveer, Patron-in-Chief of the United Business Group (UBG) at FPCCI, urges Prime Minister Shehbaz Sharif to prioritize export-led growth in the upcoming federal budget. He raises these points during a meeting with the Prime Minister and federal cabinet members. Representatives from FPCCI and chambers of commerce …
Read More »PCDMA Calls for GST Cut, Tax Reforms to Keep Businesses in Formal Economy
KARACHI, June 03, 2026: The Pakistan Chemicals & Dyes Association (PCDMA) has urged the Federal Board of Revenue (FBR) to ease the compliance burden on businesses, cut the General Sales Tax (GST) rate, and restore protections for importers in its pre-budget proposals submitted ahead of the federal budget 2026-27.PCDMA Chairman Salim …
Read More »Cement despatches declined by 21% during May-26
June 2, 2026: Cement despatches declined during May-26. Total Cement despatches during May-26 were 3.837 million tons against 4.858 million tons despatched during the same month of last fiscal year, showing a decline of 21.02%. According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by …
Read More »70–80% of Businesses Delay or Revise Investment Plans, OICCI Survey Finds
KARACHI, June 2, 2026: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released the results of its Business Confidence Index (BCI) Survey Wave 29, conducted across Pakistan during the second quarter of 2026. The survey shows a significant decline in business confidence, mainly due to inflation, rising fuel …
Read More »FCEPL Marks World Milk Day with Nationwide School Awareness Drives
KARACHI, June 1, 2026: FrieslandCampina Engro Pakistan Limited (FCEPL), a leading dairy company, observed World Milk Day with schoolchildren across multiple cities in Pakistan as part of its ongoing “Nourish Pakistan” initiative. FCEPL employees visited schools including RAAST School in Karachi, along with community schools in Sahiwal and Sukkur, where …
Read More »Tribunal Upholds CCP Decision on Deceptive Strepsils Marketing, Imposes Rs30 Million Penalty
ISLAMABAD, June 1, 2026: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan’s (CCP) decision against Reckitt Benckiser Pakistan Limited over the deceptive marketing of Strepsils, directing the company to pay a Rs30 million penalty and fully implement corrective measures. The Tribunal dismissed an appeal filed by …
Read More »ABHI Microfinance Bank reports strong turnaround in 2025
KARACHI: ABHI Microfinance Bank Limited closed 2025 with a profit after tax of PKR 1.019 billion (highest ever in the bank’s history), compared to a loss of PKR 1.754 billion in 2024, marking a sharp recovery in the Bank’s financial performance leading to a PKR 2.773 billion profitability swing in …
Read More »Local Mobile Phone Manufacturing in Pakistan Falls 35% MoM in April 2026
KARACHI, May 26, 2026: Pakistan’s local mobile phone manufacturing and assembly witnessed a sharp monthly decline of 35% in April 2026, according to the latest data released by the Pakistan Telecommunication Authority, highlighting a slowdown in production momentum despite continued reliance on domestic output to meet demand. Local manufacturers and …
Read More »S.M. Tanveer Rejects Indicative System Plan
KARACHI, May 26, 2026: S.M. Tanveer, Patron-in-Chief of the United Business Group (UBG) and former caretaker provincial minister, has urged the National Electric Power Regulatory Authority (NEPRA) to reject the Indicative System Plan (ISP) 2025-35 and redesign what he called a deeply flawed energy roadmap. In a statement, S.M. Tanveer …
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