A delegation of food exporters from South Punjab departed for Dubai on Sunday to explore business opportunities and promote Pakistani food products in Gulf markets amid growing demand in the region. The delegation, led by Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Committee on Food Convener, Shahid Imran will hold meetings with […]
Business
Jet fuel, light diesel prices record increases
The price of jet fuel has shot up to Rs291.55 after a massive increase of Rs40.35 per litre in Pakistan. Before this, jet fuel was being sold at Rs251.20 per litre. Meanwhile, the price of light-speed diesel (HSD) was also increased by Rs25.45 per litre. The new price of light diesel is fixed at Rs230.67 […]
PLPGMA calls for govt intervention to protect LPG supply chain
The Pakistan LPG Marketers Association (PLPGMA) has urged the Federal Government to immediately intervene to stop the sealing of licensed LPG plants, warning that continued enforcement actions could trigger supply disruptions, increase prices and adversely affect millions of consumers across Pakistan. The Association expressed serious concern over the recent enforcement operations carried out by the […]
Pakistan-Iran trade can hit $10bn, says FPCCI
Pakistan’s top business body on Saturday said bilateral trade with Iran could rise to $10 billion annually within the next three to five years, from the current $2.8 billion, if both countries strengthen industrial partnerships, improve banking channels and simplify cross-border trade procedures. In a statement released today, Atif Ikram Sheikh, President of the Federation […]
Gold prices rise by Rs 2,400 per tola
The prices of gold witnessed an increase in the local market on Saturday, with 24-karat gold per tola gaining Rs2,400 to settle at Rs424,236, according to rates issued by the All Pakistan Sarafa Gems and Jewellers Association. Similarly, the price of 10 grams of 24-karat gold increased by Rs2,057 to Rs363,713, whereas 10 grams of […]
Petroleum minister engages with industry stakeholders over fuel pricing overhaul
Petroleum Minister Ali Pervaiz Malik on Saturday held consultations with oil industry stakeholders on the proposed transition from weekly fuel price adjustments, a reform aimed at deregulating the sector and making prices more responsive to market forces. Under pressure to explain rising fuel costs as global oil prices surge, the government on Friday announced a […]
BOI minister assures support to Chinese investors
Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, held a meeting with a high-level delegation of Shandong Hi-Speed Group (SDHS), led by Mr. Xu Xiang, Chairman of SDHS, along with Mr Wang Zhenrong, Country Director, and representatives of Tabani Group, at Marriott Hotel Islamabad. The meeting took place on the sidelines of the ongoing […]
EU inflation retreats to 2.8% in June
The European Union’s statistics office, Eurostat, announced that annual inflation in the euro area fell to 2.8% in June 2026, down from 3.2% in May, confirming its earlier preliminary estimate. In data released today, Eurostat said energy prices recorded the highest annual increase among the main inflation components in the euro area, rising 8.7% in […]
Cotton arrival at factories surges 77%
Pakistan recorded a strong start to the 2026-27 cotton season as cotton arrivals at ginning factories surged by 77.3 percent compared to the corresponding period last year, indicating improved crop prospects and providing a positive outlook for the textile industry. Chairman Pakistan Business Forum (PBF) Punjab Malik Talat Sohail, while briefing the media on the […]
$850m deal on the horizon as minister terms Pak-China moot a hit
Federal Minister for National Health Services, Regulations and Coordination Syed Mustafa Kamal on Saturday lauded the success of “Pakistan-China Pharmaceutical & Healthcare B2B Investment Conference 2026”, expecting around $850 million in agreements, including 16 agreements and 80 Memorandum of Understanding (MoUs) in the conference. While talking to media on second day of the conference, he […]