Pakistan has announced a temporary trade facilitation measure, allowing Iran to export multiple goods through its territory. These items include rice, seafood, fruits, vegetables, meat, and pharmaceutical products. The move is aimed at improving regional trade and making it easier for businesses to operate across borders. The Ministry of Commerce Pakistan has relaxed certain requirements […]

Oil and Gas Development Company Limited (OGDCL) has announced a new gas discovery at the Sahito-1 exploratory well located in Khairpur, Sindh. The well lies within the Khewari Exploration License area and marks a positive development for the country’s energy sector. According to initial reports, the well has shown strong production potential, with gas flows […]

Prime Minister Shehbaz Sharif has stated that petrol prices in Pakistan are significantly lower compared to global market rates. He shared that based on international prices, petrol could have reached as high as Rs. 544 per litre. However, consumers in Pakistan are currently paying around Rs. 322 per litre. The Prime Minister highlighted this difference […]

Oil and Gas Development Company Limited (OGDCL) has achieved a major milestone by starting oil production from its Pasakhi-13 well, marking the country’s first successful horizontal oil well in a clastic reservoir. According to a disclosure submitted to the Pakistan Stock Exchange, the well is located in Hyderabad district, Sindh, and is currently producing around […]

The Pakistan Stock Exchange (PSX) witnessed a strong comeback as bullish momentum pushed the benchmark KSE-100 Index sharply higher during early trading hours. The index surged by more than 4,500 points at one stage, reflecting renewed investor confidence. According to market data, the index reached a high of 157,442.68 shortly after opening. By 9:50 am, […]

Pakistan has introduced a new incentive package offering up to 60% reduction in port charges to attract more foreign ships to Karachi Port. The new policy came into effect on March 18, 2026, and is designed to make port operations more affordable and competitive for international shipping companies. Under this initiative, costs related to port […]

The government has decided to significantly increase the levy on high-octane fuel, raising it from Rs. 100 per litre to Rs. 300 per litre. This change was approved by Prime Minister Shehbaz Sharif during a high-level meeting where officials reviewed fuel pricing and possible relief measures for the public. The increase mainly targets high-octane fuel, […]

Pakistan’s Large-Scale Manufacturing (LSM) sector has shown solid improvement during the first seven months of fiscal year 2026. The sector grew by nearly 6 percent compared to the same period last year, reflecting a steady recovery in industrial activity. A major boost was seen in January 2026, when the sector recorded a sharp increase of […]