Pakistan's First Panda Bond Opens Yuan Funding Channel
Pakistan issued its first Panda bond at 2.5%, the lowest rate ever for the country, diversifying funding beyond dollars and euros. HBL advised the deal, with a possible follow-up in 3-6 months.
Category : Business
Export-Led Growth vs Fiscal Self-Harm in Pakistan
Pakistan faces a critical choice between export-led growth and fiscal self-harm. The government must prioritize sustainable economic policies to avoid further crisis.
Opium Crops Destroyed on Hundreds of Acres in Tirah Valley
Security forces and district administration destroyed opium crops spread over hundreds of acres in Tirah Valley, Khyber, in a coordinated anti-narcotics operation.
Govt Slashes Petrol, Diesel Prices by Rs5 Per Litre
The government has reduced petrol and diesel prices by Rs5 per litre, effective immediately. The new prices are Rs255.80 for petrol and Rs258.43 for diesel.
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Maritime Educational Endowment Fund Proposed Rs25b
Pakistan proposes a Rs25 billion Maritime Educational Endowment Fund to provide scholarships for maritime studies, enhancing the country's blue economy.
IESCO Power Suspension Programme May 2026
IESCO has notified a power suspension programme for various areas in May 2026 to carry out maintenance work, affecting multiple feeders.
Pakistan's First Panda Bond Issuance: Historic Economic Milestone
Finance Minister Muhammad Aurangzeb announces Pakistan's successful debut Panda Bond issuance of CNY 1.75 billion, calling it a historic milestone in bilateral economic ties with China.
Kazakh Envoy Engages Gujrat Business Community
Kazakhstan's ambassador visits Gujrat, meets CCI leaders, discusses trade and investment opportunities, and plans a new trade delegation to Kazakhstan.
Adani Agrees Multi-Million Dollar US Penalty
Indian billionaire Gautam Adani has agreed to pay a multi-million dollar penalty in a US court case over alleged bribery and fraud charges.
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No Flour Shortage in Rawalpindi: DFC Azhar Abbas
District Food Controller Azhar Abbas assures no wheat flour shortage in Rawalpindi, with stable supplies and prices monitored across all tehsils.
Koica Breaks Ground for Pak-Korea Textile Centre
Koica has launched construction of the Pakistan-Korea Technical Textile Centre in Faisalabad, aiming to boost local industry through advanced training and technology transfer.
PMPKL Praises Anti-Illicit Cigarette Trade Actions
Pakistan Mobile Phone and Keypad Lovers (PMPKL) applauds government's nationwide operations against illegal cigarette trade, emphasizing health and economic benefits.
PM Approves Task Force for Waste-to-Energy Policy
Prime Minister approves a task force to create a comprehensive waste-to-energy policy, aiming to address energy shortages and environmental concerns in Pakistan.
Pakistan, China Talk Livestock Genetics Cooperation
Federal Minister Rana Tanveer Hussain reaffirms commitment to modernising livestock sector with China's help, focusing on buffalo embryo exports and biotechnology.
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PFA Destroys 1,500 Litres of Unfit Cold Drinks
Punjab Food Authority confiscated and destroyed 1,500 litres of substandard cold drinks in Kallar Syedan, arresting a supplier and registering a case.
ANF Arrests 7 Suspects, Seizes 42.37 Kg Narcotics Worth Over Rs 22.5 M
The Anti-Narcotics Force conducted seven operations across Pakistan, arresting seven suspects and recovering 42.37 kg of narcotics valued at over Rs 22.5 million, including drugs intended for students.
RCCI Signs MoU with China's IBI Group for Digital Economy
RCCI and IBI Group signed an MoU to boost industrial digitalization, e-commerce, and smart manufacturing. The ceremony featured senior officials and diplomats.
PFUC Marks One Year of Marka-e-Haq Exhibition
The Pakistan Federal Union of Cooperatives celebrated the first anniversary of the Marka-e-Haq Grand Exhibition, highlighting cooperative achievements.
PM Shehbaz Directs Easy Loan Access for SMEs, Women
Prime Minister Shehbaz Sharif has directed measures to provide easy loans to SMEs and women entrepreneurs, aiming to boost economic growth and self-reliance.
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Hybrid Brick Kilns: Implementation Gaps in Pakistan
Zigzag brick kilns in Pakistan face implementation issues due to hybrid practices, incomplete adoption, and lack of enforcement, hindering environmental and health benefits.
SBP gets $1.3bn from IMF under EFF and RSF programs
State Bank of Pakistan receives about $1.3 billion from IMF after completion of third review under Extended Fund Facility and second tranche under Resilience and Sustainability Facility.
Aurangzeb Pledges Ongoing Consultations with Businesses
Finance Minister Aurangzeb vows to maintain regular and meaningful consultations with the business community to address economic challenges.
Govt Consults Provinces on NFC Award Formula Changes
The federal government has initiated consultations with provinces to amend the NFC Award formula, aiming for a more equitable resource distribution.
PFA Seals Famous Nihari Outlet, Fast Food Restaurant
Punjab Food Authority sealed a famous nihari outlet, fast food restaurant, and confectionery unit in Lahore for food safety violations, imposing fines of Rs150,000.
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Punjab Police Arrest 17,167 Drug Peddlers in 2024
Punjab Police arrested 17,167 drug peddlers in 2024 under CM Maryam Nawaz's 'Drug-Free Punjab' vision, recovering large quantities of narcotics and liquor.
Iran War Cost Americans $37.3B in Fuel Price Hikes
A study reveals the Iran war cost US citizens $37.3 billion in increased fuel prices, highlighting economic impacts of military conflict.
SBBU Marks National Martyrs Day with AI and Cultural Events
Shaheed Benazir Bhutto University Nawabshah held events for Marka-e-Haq and Operation Bunyan-um-Marsoos, featuring AI competitions, dramas, and speeches to promote patriotism.
CM Murad Invites Chinese Firms for Sindh Investment
Sindh CM Murad Ali Shah invites Chinese companies to invest in the province's digital and industrial sectors, highlighting opportunities in IT, energy, and manufacturing.
Senate Panel Questions Rs55 Petrol Hike, Seeks OMC Audit
A Senate committee questioned the Rs55 per litre petrol price hike amid US-Iran conflict, citing cheaper existing stocks. Minister attributed rise to Rs117 petroleum levy, as panel sought audit of OMCs for windfall profits.
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52 MoUs Signed at Pakistan-China Business Conference
52 MoUs and trade agreements were signed between Pakistani and Chinese companies at a business conference in Lahore, with major investments in home appliances, electrical, and battery storage sectors.
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