ISLAMABAD: The federal government has extended existing Austerity Measures until June 30, 2026 and approved revised business operating hours, allowing standalone grocery and kiryana stores to remain open until 10pm. The decision was taken during a meeting of the Committee for Monitoring and Implementation of Fuel Conservation and Additional Austerity Measures, chaired by Deputy Prime…
Oil Prices climbed by more than 2% in international trading after Israeli military strikes in Lebanon intensified concerns over stability in the Middle East, one of the world’s most important energy-producing regions. The increase reflected growing market anxiety that an expansion of regional tensions could disrupt energy supplies, shipping routes, or investor confidence at a…
Eid ul Adha is widely known as a religious festival of sacrifice, devotion, and charity. However, beyond its spiritual significance lies a vast economic network that activates millions of livelihoods across Pakistan every year. The Livestock Economy of Eid ul Adha represents one of the country’s largest seasonal economic activities, generating billions of rupees in…
In recent years, SMS charges by Pakistani banks have become one of the most controversial and widely criticized issues in the country’s financial sector. What was once considered a minor service fee has now turned into a multi-billion rupee burden on consumers. The issue has gained national attention after revelations that banks collectively generate approximately…
The Gulf Crisis unfolding across Middle Eastern countries of Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, and Oman is not just a temporary geopolitical event—it is a transformative moment that could permanently reshape the economic and strategic mindset of these nations. What once seemed like a stable security framework backed by global alliances is now…
Pakistan may soon join the global map of high-end iPhone manufacturing, as negotiations between the Government of Pakistan and Apple Inc. enter an advanced stage. Several media reports have confirmed that discussions are underway regarding the possibility of establishing Apple’s manufacturing presence in the country. If finalized, the development would mark a historic shift for…
In 1953, as the guns finally fell silent after the Korean War, South Korea stood on the brink of collapse. The Korean peninsula was divided into two parts and the Southern part had no oil reserves, no gas fields, no gold, no vast farmlands to fall back on. International observers were blunt in their assessments….
The term “Four Asian Tigers” refers to the remarkable economic success stories of Hong Kong, Singapore, South Korea, and Taiwan—four East Asian economies that transformed themselves from relatively poor post‑war societies into some of the world’s most advanced and prosperous nations. These economies are celebrated for achieving rapid industrialization, sustained high economic growth, and a…
In a recent meeting of the Senate Standing Committee on Finance and Revenue, the Federal Board of Revenue (FBR) firmly rejected a request by four Chinese tile manufacturers to remove surveillance cameras installed inside their production facilities. Reportedly, the companies argued that these cameras exposed their confidential manufacturing processes, while the FBR insisted that the…
The Government of Pakistan, along with leading private firms, has unveiled around 40 mega investment projects worth over $28 billion to a visiting Saudi delegation during the Pakistan–Saudi Joint Business Council meeting in Islamabad. The Saudi delegation, led by Prince Mansour bin Mohammad Al Saud, met top Pakistani ministers, business leaders, and the SIFC team…
