KARACHI, June 15, 2026: The Pakistan Stock Exchange (PSX) posted a strong rally on Monday, with the benchmark KSE-100 Index gaining 4,639 points, or 2.69%, to close at 177,040, as investors welcomed the FY27 federal budget, the State Bank of Pakistan’s decision to keep interest rates unchanged, and optimism over …
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KARACHI, June 15, 2026: Karandaaz Pakistan hosted a report launch and stakeholder dialogue titled “Digitalizing Transactions: Insights on E-Invoicing and Agri Spot Trading in Pakistan.” It brought together policymakers, regulators, financial institutions, private sector leaders, and development partners to discuss digital transaction infrastructure. Moreover, Karandaaz launched two research studies: E-Invoicing …
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KARACHI, June 13, 2026: The Pakistan Business Council (PBC) has welcomed several growth-oriented measures in the Federal Budget 2026-27, calling them a positive step toward economic stability and sustainable growth. However, it urged the government to maintain policy continuity and accelerate structural reforms. Commenting on the budget, PBC Chairperson Dr. …
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KARACHI June 13,2026: Pakistan Yarn Merchants Association (PYMA) Chairman Saqib Goodluck has termed the Federal Budget 2026-27 an “elitist budget,” accusing the government of completely ignoring small and medium enterprises (SMEs) and failing to fulfill longstanding commitments made to the textile trade community. In a strongly worded statement, Goodluck …
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KARACHI June 13,2026: Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), Salim Valimuhammad, has criticized the Federal Budget 2026-27, saying it ignores key proposals from commercial importers and fails to address long-standing trade sector concerns. In a statement, he said the government retained the Export Facilitation Scheme (EFS) …
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KARACHI June 13,2026: Founder Chairman of the Salt Manufacturers Association Pakistan (SMAP), Ismail Suttar, has criticized the Federal Budget 2026-27, saying it fails to introduce meaningful measures to revive exports at a time when Pakistan urgently needs higher foreign exchange earnings. In a statement, Suttar said the budget lacks a …
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LAHORE, June 13, 2026: Zindigi (JS Bank) has partnered with WASA Lahore to introduce Raast QR-based bill payments, taking another step toward digital public services and a cashless economy. The initiative supports the Punjab Chief Minister’s Smart City vision and promotes digital financial inclusion. As a result, WASA customers can …
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KARACHI, June 13, 2026: President of the United Business Group (UBG) and former FPCCI President Zubair Tufail has welcomed the Federal Budget 2026-27, saying it supports economic stability. However, he urged the government to introduce stronger measures to boost exports, resolve the energy crisis, and promote industrial growth. According to …
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KARACHIJune 12,2026: Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Saquib Fayyaz Magoon, has welcomed the Economic Survey 2025-26, saying its figures indicate gradual economic recovery. However, he urged the government to introduce long-term reforms to accelerate growth. Magoon said Pakistan achieved 3.7 percent …
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KARACHI June 12 ,2026: The SITE Association of Industry (SAI) has expressed mixed views on the Federal Budget 2026-27. While it welcomed some measures, it said the budget falls well short of addressing the urgent needs of Pakistan’s manufacturing sector. SAI President Abdul Rehman Fudda said the government showed positive …
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