Business

Pakistan Bank Deposits Double to Rs40.83tr, Raising Lending Concerns

Pakistan has seen its bank deposits double in just four years, with deposits held by scheduled banks rising to Rs40.83 trillion in September 2026...

Pakistan Poverty Rate Rises to 29%: World Bank

The Pakistan poverty rate climbed from 22% in 2018-19 to 29% in 2024-25, leaving about 70 million people in poverty, according to a new...

SBP Launches Banking on Equality Policy 2026

The State Bank of Pakistan has launched the second edition of its Banking on Equality policy, BoE 2026, aimed at narrowing the gender gap...

Bank of America Fine Tops $1.2 Billion

The US Treasury has announced penalties totalling more than $1.21 billion against Bank of America over anti-money laundering and sanctions failures, the third-largest penalty...

IMF Sees Pakistan Inflation Rising to 9.9% in 2027

The International Monetary Fund expects Pakistan inflation to rise sharply to 9.9% in 2027, up from 7.1% in 2026 and 4.5% in 2025, according...

Syngenta and Kyoyu Agri Partner on Rice Herbicide

Syngenta and Japan's Kyoyu Agri Co. Ltd have announced a strategic collaboration to bring a new rice herbicide, built on the active ingredient Cyclopyranil,...

KSE-100 Index Falls 1,066 Points in Weekly Loss

The KSE-100 index fell 0.6 percent in the week ended 10 October, losing 1,066 points to close at 167,089, as geopolitical tensions, high oil...

Textile Exports Face Steep Fall in Oct-Dec Quarter

Pakistan textile exports are headed for a steep decline in the October-December quarter, exporters have warned, blaming weak demand in Western markets, higher sea...

Pakistan Privatisation Push Could Raise Over $1bn

Pakistan privatisation of five or six state-owned entities could bring in more than $1 billion this fiscal year, Finance Minister Muhammad Aurangzeb said on...

Fatima Fertilizer First to Join Punjab EP&CCD on Climate

Fatima Fertilizer Company Limited and the Environment Protection & Climate Change Department (EP&CCD), Government of Punjab, have established a Joint Collaborative Framework to strengthen...

South Air Flights: Routes, Fares and Future Plans

South Air flights now link Karachi with smaller cities across Pakistan, and the new regional airline has already mapped out a wider network for...

Pakistan Privatisation Could Raise $1bn, Says Aurangzeb

Finance Minister Muhammad Aurangzeb says Pakistan privatisation of five or six state entities could raise more than $1 billion this fiscal year, according to...

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