The Biz Update One of Pakistan's Most Reliable Business News Website

Karachi, April 30: The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance in the current month, amid strong investor demand for Shariah-compliant instruments. Meezan Bank Limited acted as the Lead Joint Financial Advisor (JFA) for the transaction, …

Karachi: Pakistan met 86 percent of its mobile phone demand through local manufacturing and assembly during the first quarter of 2026, reflecting the continued growth of the country’s domestic handset production ecosystem. According to the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile phone companies manufactured or …

KARACHI, April 30, 2026: Stop Illegal Trade (SIT) has commended the enforcement efforts of the Federal Board of Revenue (FBR), which have yielded significant results over the past year. These include sealing illegal manufacturing units, seizing illicit cigarette stocks, and confiscating raw materials. Enforcement measures continue to dismantle the illicit …