KARACHI, June 20, 2026: United Business Group (UBG) Patron-in-Chief SM Tanveer and President Zubair Tufail have welcomed the government’s decision to reduce petroleum prices. They described the move as positive for both consumers and the business community. The UBG leaders said the government reduced fuel prices following a decline in …
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KARACHI, June 18, 2026: Port Qasim Authority (PQA) has renewed its Implementation Agreement with Engro Vopak Terminal Limited (EVTL). As a result, EVTL continues to operate Pakistan’s only integrated bulk liquid chemical and LPG terminal. Moreover, this renewal extends a partnership of more than three decades between the two organisations. …
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KARACHI, June 18, 2026: Chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, says Pakistan’s youth is its biggest asset. However, he stresses that the country must adopt an urgent national skills development policy to turn this potential into economic strength. He says that if Pakistan trains …
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ISLAMABAD, June 17 ,2026: Pakistan recorded a $459 million current account surplus in May 2026, according to data released by the State Bank of Pakistan (SBP) on Wednesday. This marks a sharp reversal from the $276 million deficit in April, as the external sector showed continued improvement. Moreover, the cumulative …
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KARACHI, June 15, 2026: The State Bank of Pakistan (SBP) on Monday kept its key policy rate unchanged at 11.5%, citing a stable macroeconomic outlook despite rising inflation, slowing economic activity, and uncertainty linked to the prolonged Middle East conflict. Announcing its latest monetary policy, the Monetary Policy Committee (MPC) …
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KARACHI ,June 11,2026: The State Bank of Pakistan (SBP) has launched its first-ever Research Agenda for 2026-2029, outlining key research priorities to support evidence-based policymaking and strengthen the country’s financial system. The agenda comes at a time when economies face rapid technological change, recurring supply shocks, climate challenges, and long-standing …
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KARACHI (June 10, 2026): Gulzar Feroz, Central Spokesperson of the United Business Group (UBG), praises SM Tanveer for uniting Pakistan’s business community on one platform. He says Tanveer actively protects business rights and addresses key challenges. Moreover, Feroz states that SM Tanveer prioritizes collective business interests over personal gain. He …
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KARACHI: JUNE 9,2026: The Karachi Chamber of Commerce and Industry (KCCI) has appointed Senior Vice President Muhammad Raza as Acting President with immediate effect. President Rehan Hanif has traveled to China to attend the Kunming Trade Fair along with Chairman Fairs, Exhibitions & Trade Delegation Subcommittee Imran Moiz. Therefore, Muhammad …
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KARACHI 3June 2026: SM Tanveer, Patron-in-Chief of the United Business Group (UBG) at FPCCI, urges Prime Minister Shehbaz Sharif to prioritize export-led growth in the upcoming federal budget. He raises these points during a meeting with the Prime Minister and federal cabinet members. Representatives from FPCCI and chambers of commerce …
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KARACHI, June 03, 2026: The Pakistan Chemicals & Dyes Association (PCDMA) has urged the Federal Board of Revenue (FBR) to ease the compliance burden on businesses, cut the General Sales Tax (GST) rate, and restore protections for importers in its pre-budget proposals submitted ahead of the federal budget 2026-27.PCDMA Chairman Salim …
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