The Biz Update One of Pakistan's Most Reliable Business News Website
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 »TimeLine Layout
May, 2026
-
26 May
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 » -
26 May
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 …
Read More » -
26 May
Desert Atlas: Beyond the Dunes of Cholistan
The second episode of The Great Pakistan Adventure explores Cholistan’s forgotten stories of resilience, revival, and survival. Karachi, May 26, 2026: There are places in Pakistan where the landscape feels endless, where survival depends on resilience, and where stories go back in time just as the sands that make up the …
Read More » -
26 May
JazzWorld Advances ESG Leadership Across Its Supply Chain
KARACHI: Reinforcing its commitment to responsible growth, long-term sustainability, and its Net-Zero 2050 ambition, JazzWorld has recognized leading ecosystem partners for advancing Environmental, Social, and Governance (ESG) excellence across its supply chain. The initiative reflects JazzWorld’s broader ESG transformation agenda, focused on strengthening sustainability integration across its value chain and …
Read More » -
26 May
Pakistan Freelancers Earn over $950 Million in 10 Months
KARACHI, May 26, 2026: Pakistani freelancers have contributed significantly to the country’s economy by earning more than $950 million in foreign exchange during the first 10 months of the current fiscal year, outperforming freelancers from India, China, the UAE, and several other countries despite multiple global and domestic challenges. According …
Read More » -
26 May
Unstable Economic Policies, High Tax Rates Hindering Investment: Saquib Fayyaz Magoon SVP FPCCI
KARACHI: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has said that Pakistan currently has strong investment opportunities as its improved image amid regional developments is attracting global investor interest. However, he added that unstable economic policies and high tax rates …
Read More » -
25 May
BankIslami Launches FOCUS Financing Platform
Karachi, May 25, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a platform designed to digitalize and accelerate the customer financing journey.Leveraging AI-driven automation, FOCUS reengineers the Bank’s credit underwriting process from initiation to disbursement. The platform replaces …
Read More » -
25 May
Banks to open on May 29th and 30th for tax collection
KARACHI: To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, the State Bank of Pakistan (SBP) has decided, on the request of Federal Board of Revenue (FBR), that all branches of commercial banks shall observe extended working hours until 05:30 P.M. on Friday, May 29, 2026. …
Read More » -
25 May
Unstable Economic Policies, High Tax Rates Hindering Investment: Saquib Fayyaz Magoon
KARACHI: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has said that Pakistan currently has strong investment opportunities as its improved image amid regional developments is attracting global investor interest. However, he added that unstable economic policies and high tax rates …
Read More »