Pakistan

August 6, 2025 – Islamabad: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) convened today at the Finance Division under the chairmanship of Federal Finance Minister Senator Muhammad Aurangzeb, who joined proceedings remotely. The meeting focused on strengthening governance structures across various state-owned enterprises (SOEs). Key attendees included Federal Ministers Mian …

August 6, 2025,Islamabad: The Economic Coordination Committee (ECC) of the Cabinet, chaired virtually by Finance Minister Senator Muhammad Aurangzeb, held a session today to review and approve several key economic proposals, including incentives for electric vehicles, remittance reimbursement, and financial support for higher education. During the meeting, the ECC approved …

August 6, 2025 – Karachi: The Sindh government has announced its decision to launch a train service on the short route between Rohri and Sukkur, aimed at easing travel for thousands of daily commuters. The initiative, part of broader transport development plans, was shared by Sindh Minister for Energy, Planning …

August 6, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has released a comprehensive report titled “Healthcare Ecosystem in Pakistan”, which provides an in-depth look at the country’s healthcare infrastructure, market dynamics, stakeholder roles, and the growing significance of health insurance. The report places special emphasis on the …

Lahore ,August 7, 2025: MCB Bank Limited (MCB) announced a strong performance for the first half of 2025, delivering a Profit Before Tax (PBT) of Rs. 58.06 billion and declaring a second interim cash dividend of 90% (Rs. 9.00 per share). Combined with the earlier dividend, the total payout for …

Karachi, August 6, 2025:The Federal Cabinet of Pakistan, acting on the recommendation of the Ministry of Commerce, has appointed Mr. Shoaib Javed Hussain as the Chief Executive Officer (CEO) of the State Life Insurance Corporation of Pakistan (SLIC) for an additional three-year term, effective August 6, 2025. Under Mr. Hussain’s …

Karachi – August 6, 2025: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concerns over the recent increase in the Infrastructure Development Cess (IDC) on imports in Sindh, raising the rate from 1.25% to as high as 1.85%. FPCCI President Atif Ikram Sheikh has urged …

Islamabad – August 5, 2025: The Government of Pakistan has appointed two distinguished professionals, Mr. Asif Ali Qureshi and Mr. Amir Shehzad, as new members of the Privatisation Commission Board, aiming to bolster the commission’s strategic and operational capabilities as it pushes forward with its privatisation agenda. According to a …

Karachi – August 5, 2025: The Sindh Seed Corporation Board held a key meeting on Monday at the Sindh Secretariat, chaired by Provincial Agriculture Minister Sardar Muhammad Bakhsh Khan Maher, to review organizational performance and chart a path forward for institutional improvement. The high-level meeting was attended by Provincial Ministers …

Karachi, August 5, 2025: Pakistan has recorded a 9-year low fiscal deficit of 5.38% of GDP in FY25, outperforming both the government’s revised estimate and the IMF’s projection of 5.6%. The improvement is primarily driven by a strong 36% year-on-year (YoY) growth in combined tax and non-tax revenues, against an …