KARACHI, July 13,2026: Standard Chartered Pakistan has appointed Adil Salahuddin as its Chief Executive Officer and Head of Coverage, subject to regulatory and statutory approvals. Announcing the appointment, Rola Abu Manneh, Chief Executive Officer for UAE, Middle East and Pakistan at Standard Chartered, said Pakistan remains one of the bank’s …
Read More »FPCCI Urges Government to Shield Trade, Industry from US-Iran Conflict
KARACHI July 13,2026: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to take immediate steps to protect Pakistan’s economy, trade and industry from the impact of renewed tensions between the United States and Iran. FPCCI President Atif Ikram Sheikh expressed concern over the …
Read More »AI-Driven Tax System to Issue Notices as Pakistan Eyes $42bn Remittances: Aurangzeb
KARACHI, July 7,2026: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said Pakistan will introduce an AI-driven tax administration system that will issue tax notices with minimal human intervention. He also projected remittance inflows of $41-42 billion during the current fiscal year. Speaking at the Pakistan Banking Summit …
Read More »IBA Karachi Hosts Post-Budget Seminar on Federal Budget 2026-27
KARACHI, July 6,2026:Next, Dr. S. Akbar Zaidi, Executive Director of IBA Karachi, highlighted the institution’s role in promoting informed debate on national economic issues. He also encouraged students to actively participate in public policy discussions. Ammar Habib, Assistant Professor of Practice at the School of Business Studies (SBS), moderated the …
Read More »GCC Customs Delays, Shipping Bottlenecks Hurt Pakistan’s Export Competitiveness: Ismail Suttar
KARACHI July 6,2026: Founder Chairman of the Salt Manufacturers Association Pakistan (SMAP), Ismail Suttar, has warned that customs delays and shipping disruptions across the Gulf Cooperation Council (GCC) are raising logistics costs and weakening Pakistan’s export competitiveness. In a statement, Suttar said exporters continue to face serious challenges as customs …
Read More »FPCCI Urges Government to Restore Cotton Exchange Building to KCA
KARACHI, July 6,2026: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the authorities to immediately return possession of the historic Cotton Exchange Building to the Karachi Cotton Association (KCA) and its legal tenants, warning that the prolonged closure has disrupted Pakistan’s cotton trade. FPCCI President Atif …
Read More »Pakistan Banking Summit 2026 to Focus on Future of Financial Sector
KARACHI, July 4,2026: The Pakistan Banks Association (PBA) has announced the second Pakistan Banking Summit 2026 (PBS’26), which will take place in Karachi on July 7-8. The summit will bring together policymakers, regulators, bankers, business leaders and international experts to discuss the future of Pakistan’s financial sector and the country’s …
Read More »Cement Dispatches Rise 7.2% in FY26 as Local Demand Strengthens
KARACHI, July 4,2026: Pakistan’s cement industry recorded 7.21 percent growth in total dispatches during FY2025-26, driven by strong domestic demand despite a slight decline in exports, according to data released by the All Pakistan Cement Manufacturers Association (APCMA). Total cement dispatches rose to 50.515 million tonnes in FY26 from 47.116 …
Read More »Consumers Paying for Power Sector Failures, Says Khurram Ijaz
KARACHI July 2,2026: Pakistan’s electricity consumers continue to bear the cost of years of mismanagement and delayed reforms in the power sector, Khurram Ijaz, Secretary General of the Businessmen Panel Progressive (BMPP) and former Vice President of the FPCCI, said on Tuesday. Referring to the Auditor General of Pakistan (AGP) …
Read More »Govt Extends DTLTL Scheme for Rice Exporters by 90 Days
KARACHI July 1,2026: The federal government has extended the Duty and Taxes Remission for Exports (DTLTL) scheme for rice exporters by another 90 days, providing fresh relief to the country’s rice industry and supporting export growth. The Export Development Fund (EDF) Committee approved the extension during its recent meeting, where …
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