Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) teams has conducted raids on three entities linked with the out-of-home media advertising market in Lahore. The raids were carried out as part of an inquiry into alleged cartelization, price fixing, and coordinated bid decisions in the sector. Out-of-home (OOH) advertising …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, on Monday approved a series of major decisions aimed at improving fiscal discipline, tightening import controls and supporting digital transformation. Power sector reforms. The ECC reviewed and endorsed …
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Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) Executive Board has completed the second review of Pakistan’s 37-month Extended Fund Facility (EFF) arrangement and the first review under the 28-month Resilience and Sustainability Facility (RSF). This approval enables an immediate disbursement of approximately $1 billion under the EFF and $200 …
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BeNewz Report ISLAMABAD: Data from the Pakistan Bureau of Statistics (PBS) show that Pakistan’s merchandise trade deficit surged by 37.17 percent during the first five months of fiscal 2025-26, as imports climbed and exports fell. PBS provisional figures for November 2025 show exports at $2.398 billion, down 15.35 percent compared …
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Aftab Maken ISLAMABAD: Pakistan Bureau of Statistics (PBS) has reported a 0.73% increase in weekly inflation for the period ending 27 November 2025, pushing the year-on-year Sensitive Price Indicator (SPI) inflation to 4.32%. The latest data reflects persistent pressure on household budgets as prices of essential goods continue to fluctuate. …
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BeNewz Report ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show-cause notices to ten sugar mills in Punjab for allegedly colluding to delay the start of the crushing season and fix the sugarcane procurement price at Rs 400 per maund. CCP’s preliminary review found that on November 10, 2025 …
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BeNewz Report ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs), led by Finance Minister Senator Muhammad Aurangzeb, approved a slate of key board appointments in several major Pakistani SOEs during its meeting in Islamabad on Monday. The committee endorsed the appointment of an independent director to Zarai Taraqiati Bank Limited …
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Aftab Maken ISLAMABAD: The federal government has restored and amended regulations governing the import and export of precious metals and jewelry, formally rescinding the earlier suspension imposed in May 2025. The Ministry of Commerce issued a new statutory regulatory order (S.R.O. 2198(I)/2025) , announcing changes to the Import and Export …
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BeNewz Report ISLAMABAD: Pakistan’s short-term inflation inched higher during the week ending 20 November 2025 as the Sensitive Price Indicator (SPI) recorded a rise of 0.07%, driven mainly by sharp increases in tomato and LPG prices. The SPI, compiled by the Pakistan Bureau of Statistics, tracks the movement of 51 …
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BeNewz Report ISLAMABAD: The government has moved a step closer to privatising its national flag carrier as four domestic and foreign companies have pre-qualified to bid for a 75% stake in Pakistan International Airlines. An official statement issued here on Thursday confirmed that the buyer will be required to retain …
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