Sunday , March 8 2026

Business

Weekly SPI drops 0.67%, says PBS

Aftab Maken ISLAMABAD: The Pakistan Bureau of Statistics (PBS) has released the latest Sensitive Price Indicator (SPI) data, showing a welcome decline of 0.67% for the week ended January 01, 2026, said an official data of PBS here on Friday.  The SPI, a key tool for monitoring short-term inflation, tracks …

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CCP fines Mezan beverages Rs150m

Aftab Maken ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 150 million on Mezan Beverages (Private) Limited. The company was found to have imitated the packaging and trade dress of PepsiCo’s Sting energy drink, thereby engaging in deceptive marketing practices in violation of Section 10 …

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Jul-Dec tax shortfall swells to Rs 336bn

BeNewz Report ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 6,154 billion during the first six months (July-December) 2025-26 against the target of Rs 6,490 billion, reflecting a shortfall of Rs 336 billion. The shortfall in revenue collection during December 2025 may prompt the government to activate …

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Economy shows steady recovery in December 2025 update

Aftab Maken ISLAMABAD: Pakistan’s economy continued its positive momentum through the first half of FY2026, according to the latest Monthly Economic Update and Outlook released by the Finance Division’s Economic Adviser’s Wing. The report highlights broad-based improvements, with real GDP growing 3.71% in Q1 FY2026, driven by strong industrial expansion …

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Slight relief for consumers as weekly inflation eases by 0.09%

Aftab Maken ISLAMABAD: The Pakistan Bureau of Statistics (PBS) on Thursday released the latest Sensitive Price Indicator (SPI) data, showing a marginal decline of 0.09% in the prices of essential commodities for the week ending December 24, 2025. The SPI, a key weekly measure designed to track short-term inflation trends …

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PIA privatization to yield Rs 55bn

BeNewz Report ISLAMABAD: The Privatization Advisor, Muhammad Ali, announced on Thursday that the privatization of Pakistan International Airlines (PIA) will generate Rs 55 billion for the national exchequer, significantly higher than the initially cited Rs 10 billion. Addressing a press conference alongside Minister for Information Attaullah Tarar, Ali emphasized that …

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PIA privatization: Top bid of Rs 135bn Sent to cabinet for approval

Aftab Maken ISLAMABAD: In a major development regarding the privatization of the national flag carrier, the Arif Habib Group has outpaced all competitors by submitting the highest bid of Rs 135 billion for Pakistan International Airlines (PIA). Thisrecord-breaking offer has been forwarded to the Federal Cabinet for final approval, after …

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PIA privatization bidding set for tomorrow: Three contenders vie for 75% stake in national carrier

Aftab Maken ISLAMABAD: The privatization process for Pakistan International Airlines (PIA) is set to reach its climax tomorrow (December 23, 2025), with sealed bids to be submitted and opened in a live broadcast for transparency. The bidding will cover a 75% stake in the flag carrier, marking a crucial step …

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Pakistan–Libya sign $4.6 Bn Defence Deal

BeNewz Report ISLAMABAD: Pakistan and Libya reportedly inked a US$4.6 billion (approximately RM21.62 billion) defence deal, underscoring a shift toward affordable and flexible military partnerships outside traditional Western or Russian spheres, according to Defense Security Asia. The deal reportedly focuses on rebuilding Libya’s armed forces amid ongoing fragmentation, while boosting …

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Weekly inflation rises 0.24% on food prices

Aftab Maken ISLAMABAD: Pakistan’s short-term inflation edged higher during the week ended December 18, 2025, as food and energy prices recorded mixed movements, official data showed. The Pakistan Bureau of Statistics said the Sensitive Price Indicator increased 0.24% week-on-week, reflecting rising prices of several essential consumer items. The SPI tracks …

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