Aftab Maken ISLAMABAD: Pakistan’s trade deficit widened sharply in April 2026, as a steep surge in imports outpaced export growth, according to official data released by the Pakistan Bureau of Statistics. The merchandise trade gap rose to Rs 1.139 trillion, equivalent to $ 4.074 billion, marking a 43% increase compared …
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Aftab Maken ISLAMABAD: Indus Motor Company is facing declining profitability and rising market pressure during the first nine months of fiscal year 2026, with its net profit margin slipping to 10%. Financial data shows the margin stood at 11% in the same period last year, indicating a gradual erosion in …
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BeNewz Report ISLAMABAD: Finance Minister Muhammad Aurangzeb led a high-level review on expanding Pakistan’s REIT sector, signaling renewed policy focus on real estate investment trusts to deepen capital markets and attract broader investor participation. The virtual meeting, held on May 2, brought together senior government officials, regulators, and leading private …
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Aftab Maken ISLAMABAD: Consumer prices surged sharply in April 2026, with Pakistan’s inflation accelerating to 10.9% year-on-year, reflecting mounting pressure on households amid rising fuel and food costs. The latest data released by the Pakistan Bureau of Statistics shows inflation increased significantly from 7.3% recorded in March 2026 and just …
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–Pakistan’s tax authority falls behind revised collection goal in first 10 months, raising fiscal concerns Aftab Maken ISLAMABAD: Federal Board of Revenue (FBR) has failed to meet its revenue collection target during the first 10 months of fiscal year 2025-26, with a shortfall of Rs 683 billion, according to provisional …
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Aftab Maken ISLAMABAD: Pakistan’s economy showed signs of stress despite improvements in select indicators during the first eight months of FY2026, with rising inflation, widening trade deficit, and falling foreign investment highlighting persistent vulnerabilities. The Finance Division’s Monthly Economic Update for March 2026 reported mixed performance, as gains in remittances …
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–Lower prices and rising costs squeeze margins in 9MFY26 Aftab Maken ISLAMABAD: The Oil and Gas Development Company (OGDC) reported an 11% decline in profitability for the nine months ended March 31, 2026, as production curtailments, falling realized prices, and rising costs weighed heavily on earnings. The company posted a …
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BeNewz Report ISLAMABAD: The Privatisation Commission (PC) Board has recommended a comprehensive transaction structure and restructuring plan for the privatisation of Zarai Taraqiati Bank Limited (ZTBL), paving the way for the next stage in the government’s privatisation agenda. The decision was taken in the 251st meeting of the Privatisation Commission …
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–Higher costs and lower volumes weigh on margins BeNewz Report KARACHI: Pakistan State Oil reported a modest increase in profit for the six months ended December 31, 2025, despite a decline in sales and mounting cost pressures, according to its latest financial statement. Pakistan State Oil posted profit after tax …
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–Govt shifts toward commercial financing, plans Panda bond Aftab Maken ISLAMABAD: Finance Minister Muhammad Aurangzeb said Pakistan is expected to receive a $1.2 billion tranche from the International Monetary Fund next month, marking a key step under the ongoing economic reform programme. Speaking to media in Islamabad, the minister said …
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