Tractors production rises 24,384 units in 10 months
During the last ten months of the current financial year, tractor production in the country was recorded at 24,832 units, reflecting a decline compared to the 38,699 units produced during the same period last year.
Adil Aziz
Cars sale up 32.24% to 83,269 units during Jul-Apr 2025
During the first ten months of the fiscal year 2024-25, car sales in Pakistan saw a significant increase of 32.24 percent compared to the same period last year, according to the Pakistan Automobile Manufacturing Association (PAMA).
Editor
SECP Sets New Standards: Industry Associations to Lead Self-Regulation
The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper on Standard Principles for Recognition and Conduct of Industry Associations, introducing a strategic framework aimed at strengthening Pakistan’s financial sector through enhanced self-regulation.
Mehfooz
Major B2B Expansion: P@SHA & sAi Venture Capital Secure $100M Investment
Pakistan Software Houses Association (P@SHA) and sAi Venture Capital have signed a strategic partnership targeting $100 million in investment in Business to Business (B2B) technology to power Pakistan’s next wave of technology exports.
IMF approved $1 billion for Pakistan under EFF Arrangement
The Executive Board of the International Monetary Fund (IMF) has approved $1billion tranche for Pakistan under Extended Fund Facility (EFF) and approved an arrangement under the Resilience and Sustainability Facility (RSF), with access of about $1.4 billion.
Pakistan & Standard Chartered Bank: Key Talks on Economic Growth & Investment
Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Group Chief Executive Officer of Standard Chartered Bank Bill Winters, in London.
SECP Rolls Out Compliance Guidelines to Improve REIT Sector Operations
The Securities and Exchange Commission of Pakistan (SECP) has issued Compliance checklists for REIT Management Companies and Section 42 Companies and introduces enhanced grievance redressal mechanisms for stakeholder facilitation.
FPCCI Slams SBP’s Minimal Rate Cut, Demands Aggressive Reduction for Economic Growth
Mr. Atif Ikram Sheikh continued that, after deliberations from the apex trade and industry platform with all industries and sectors, FPCCI had demanded a single-stroke rate cut of 500 basis points during the Monday’s monetary policy committee (MPC) meeting to rationalize the key policy rate; and, align it to the vision of special investment facilitation council (SIFC) – and, the Prime Minister’s vision for industrial development, import substitution and export growth.
SBP cuts interest rate from 100 bps to 11%
During March and April, inflation saw a significant decline, driven primarily by a reduction in administered electricity prices and a continued downtrend in food inflation. Additionally, core inflation eased in April, largely due to a favorable base effect amid moderate demand conditions, as noted by the Monetary Policy Committee.
Ahsan meets PBC Dubai delegation, shares ‘Uraan Pakistan’ objectives
Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal met with a delegation of the Pakistan Business Council (PBC) Dubai, urging them to play their due role in making Pakistan a $1 trillion economy by 2025 under the ‘Uraan Pakistan’ initiative with increased exports and foreign investment. Chairman of PBC Dubai Shabbir Merchant…