TimeLine Layout

August, 2025

  • 6 August

    Sindh Govt to Launch Rohri–Sukkur Train; Karachi–Sukkur Suburban Rail Also Proposed

    Sindh Govt to Launch Rohri–Sukkur Train; Karachi–Sukkur Suburban Rail Also Proposed

    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 …

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  • 6 August

    SECP Releases Detailed Report on Pakistan’s Healthcare Ecosystem

    SECP Launches Key Reforms to Strengthen Mutual Funds Sector

    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 …

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  • 6 August

    MCB Bank Earns Rs58.06bn Profit, Declares 90% Second Interim Dividend

    MCB Bank Earns Rs58.06bn Profit, Declares 90% Second Interim Dividend

    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 …

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  • 6 August

    Federal Cabinet Appoints Shoaib Javed Hussain as CEO of SLIC for Second Term

    Federal Cabinet Appoints Shoaib Javed Hussain as CEO of SLIC for Second Term

    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 …

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  • 6 August

    FPCCI Voices Concern Over Increased Infrastructure Development Cess in Sindh

    FPCCI Voices Concern Over Increased Infrastructure Development Cess in Sindh

    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 …

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  • 6 August

    foodpanda Adds USD 1.2 Billion to Pakistan’s Economy in 2023-24: LUMS Study

    "Highlights from LUMS Economic Impact Assessment showing foodpanda’s role in job creation and income growth"

    Karachi – August 6, 2025: The study highlights how foodpanda is helping many parts of the economy including food, retail, transport, and online services. In just one year, foodpanda generated PKR 75 billion in sales for restaurants, paid PKR 9.76 billion in taxes, and supported over 50,000 riders and many …

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  • 5 August

    Govt Appoints Two New Members to Privatisation Commission Board

    Two newly appointed members, Mr. Asif Ali Qureshi and Mr. Amir Shehzad, join the Privatisation Commission Board of Pakistan, bringing expertise in finance, investment, and corporate leadership to support the government’s privatisation strategy.

    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 …

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  • 5 August

    Sindh Seed Corporation Board Takes Major Steps for Organizational Revamp

    A board meeting held at the Sindh Secretariat, chaired by Agriculture Minister Sardar Muhammad Bakhsh Khan Maher, with government officials and Sindh Seed Corporation representatives discussing institutional reforms, performance review, and proposals for new processing plants to support Sindh farmers. Ask ChatGPT

    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 …

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  • 5 August

    Pakistan Records 9-Year Low Fiscal Deficit of 5.38% in FY25

    Stacks of Pakistani rupee banknotes representing improved fiscal stability and record government revenues in FY25.

    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 …

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  • 5 August

    Pakistan Records 9-Year Low Fiscal Deficit of 5.38% in FY25

    Infographic showing Pakistan’s fiscal deficit at 5.38% of GDP in FY25, the lowest in 9 years, with growth in tax and non-tax revenues, and improved primary surplus and tax-to-GDP ratio.

    August 05, 2025: Pakistan’s fiscal performance in FY25 has surprised positively, as the country posted a 9-year low fiscal deficit of 5.38% of GDP, outperforming both government and IMF estimates of 5.6%. This marks a significant milestone in fiscal consolidation and is largely credited to impressive growth in revenues. The …

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