The Biz Update One of Pakistan's Most Reliable Business News Website
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 »TimeLine Layout
June, 2026
-
2 June
Malir Pays Tribute to Shaheed Murtaza Baloch on Sixth Death Anniversary
KARACHI June 2,2026:Nations do not forget those who serve them with sincerity. They remember leaders who dedicate their lives to public welfare. Even after death, such figures remain alive through their ideas, work, and public love. In District Malir, people continue to honor Shaheed Murtaza Baloch. He built his political …
Read More » -
2 June
BankIslami Partners with Surayya Azeem Waqf Teaching Hospital to Strengthen Healthcare Access for Punjab’s Underserved Communities
Karachi, June 2, 2026. Reaffirming its commitment to social responsibility and community development, BankIslami has extended support to Surayya Azeem Waqf Teaching Hospital (SATH), one of the largest public welfare hospitals in Lahore. The contribution will support the hospital in delivering quality medical facilities to underserved communities across the wider Punjab …
Read More » -
2 June
Pakistan Enters Global Philately Elite as Arif Balgamwala Joins Boston 2026 Court of Honor
BOSTON/KARACHI, June 2, 2026: Pakistan achieves a historic milestone as renowned philatelist M. Arif Balgamwala T.I. becomes the first Pakistani inducted into the Court of Honor at the Boston 2026 World Stamp Expo. The event ran from May 23 to 30, 2026, and stands as the world’s most prestigious philatelic …
Read More » -
2 June
Saudia Launches First Airbus A321XLR, Offering Better Travel for Pakistani Passengers
Saudia has launched its first Airbus A321XLR and has become the first airline in the Middle East and Africa to receive this extra long-range narrow-body aircraft. This milestone strengthens Saudia’s fleet expansion plan and shows its continued investment in modern aircraft that improve efficiency, passenger experience, and sustainability. With a …
Read More » -
2 June
PAFLA Calls for Sustained Support for Freelancers and Digital Workers in Budget 2026-27
KARACHI ,June 2,2026 : The Pakistan Freelancers Association (PAFLA) has called on the Federal Board of Revenue (FBR) and the Ministry of Finance to continue supporting Pakistan’s growing freelancing and digital workforce in the Federal Budget 2026-27. PAFLA has recommended retaining the reduced tax rate of 0.25 percent on foreign …
Read More » -
1 June
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 » -
1 June
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 »
May, 2026
-
31 May
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 » -
26 May
D&B, Anthropic collaborate to transform AI-driven compliance via Claude
Dun & Bradstreet has announced a collaboration with Anthropic to bring D&B risk data directly into Claude, in a move expected to reshape how enterprises handle onboarding and compliance. The partnership will embed Dun & Bradstreet’s Commercial Graph™, a global database of business identities and risk indicators, into Claude, enabling …
Read More »