Sunday , September 6 2026

Business

FBR Offices to Open Feb 28 for Tax Collection

Federal Board of Revenue will keep all major field offices open on Saturday, February 28, to facilitate taxpayers and ensure timely collection of duties and taxes. BeNewz Report ISLAMABAD: The Federal Board of Revenue said on Friday it will keep all Large Taxpayer Offices, Medium Taxpayer Offices, Corporate Tax Offices …

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ECC okays wheat sale at revised prices

Aftab Maken ISLAMABAD: The Economic Coordination Committee approved sale of 500,000 metric tons of wheat at revised reserve prices and cleared Rs536m grant for former Pak-PWD projects. The Economic Coordination Committee of the Cabinet on Tuesday approved the disposal of 500,000 metric tons of wheat stock held by the Pakistan …

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Weekly inflation surges 1.16% ahead of Ramazan

Aftab Maken ISLAMABAD:  Short-term inflation in Pakistan accelerated sharply this week, with the Sensitive Price Indicator (SPI) rising by 1.16% for the week ended February 19, 2026, according to the latest data released by the Pakistan Bureau of Statistics (PBS). The SPI, which tracks prices of 51 essential commodities across …

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ECC approves Rs 19 bn for PM Ramzan package 2026

Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved the immediate release of Rs 19 billion for the Prime Minister’s Ramzan Relief Package (PMRRP) 2026 to ensure the prompt commencement of disbursements ahead of the holy month. The meeting was chaired remotely by Federal Minister …

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Pakistan wins two global awards for $1 bn

BeNewz Report ISLAMABAD: Pakistan has secured two prestigious international honors at the IFN Deals of the Year Awards 2025, with its landmark US$1 billion syndicated financing transaction receiving global recognition in the Islamic finance industry. According to a statement issued by the Ministry of Finance, the transaction has been awarded …

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Weekly inflation eases as food prices decline

Aftab Maken ISLAMABAD: Pakistan’s short-term inflation recorded a notable easing during the week ended February 12, 2026, as prices of key food items — particularly eggs and vegetables — declined significantly. According to the latest data released by the Pakistan Bureau of Statistics, the Sensitive Price Indicator (SPI) dropped by …

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PIA to revalue five key properties

Aftab Maken ISLAMABAD: Pakistan International Airlines (PIA) has decided to carry out a fresh valuation of five of its major properties across the country and has invited applications from government-registered firms to undertake the assessment, in what appears to be part of broader efforts to improve transparency and manage its …

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Weekly inflation inches up as vegetable and fuel prices rise

Aftab Maken ISLAMABAD: Pakistan’s short-term inflation registered a slight increase in the latest week, driven mainly by higher prices of vegetables and fuel, according to official data released on Thursday. The Sensitive Price Indicator (SPI) — a weekly gauge of price movements for 51 essential commodities across 50 markets in …

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Trade deficit up by 28.22% to $22.038 billion

BeNewz Report ISLAMABAD: Pakistan’s trade deficit narrowed sharply in January 2026, offering a welcome respite for the country’s external account, as a record-breaking surge in exports combined with a decline in imports, according to provisional figures released by the Pakistan Bureau of Statistics (PBS). The monthly trade gap fell by …

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SPI dips slightly amid food price rollercoaster

Aftab Maken ISLAMABAD: In a modest relief for inflation-weary consumers, Pakistan’s Sensitive Price Indicator (SPI) edged down by 0.03% for the week ending January 29, 2026, according to the latest report from the Pakistan Bureau of Statistics (PBS). This weekly gauge, tracking 51 essential commodities across 50 markets in 17 …

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