Business News Archive - Page 38

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Attock refinery resumes as restored routes ease fuel supply fears

Attock refinery resumes as restored routes ease fuel supply fears

Attock Refinery has resumed operations after road links for crude and fuel transport were restored, easing fears of a wider supply disruption in northern Pakistan. The brief shutdown highlighted how security-related road closures can quickly affect fuel distribution, airport supplies and broader energy logistics.

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Pakistan, ADB seal Rs365bn M6 motorway financing breakthrough

Pakistan, ADB seal Rs365bn M6 motorway financing breakthrough

Pakistan and the Asian Development Bank have signed a Rs365 billion agreement linked to the long-stalled M6 motorway, the final major gap in the country’s north-south motorway network. Officials say the project could transform freight movement from Karachi’s ports to inland Pakistan if financing, procurement and execution stay on schedule.

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Fly Jinnah domestic restart set for May 1 after five-year pause

Fly Jinnah domestic restart set for May 1 after five-year pause

Fly Jinnah will resume domestic operations in Pakistan from May 1, 2026, beginning with two daily Lahore-Islamabad flights after a nearly five-year break. The move, announced by Khawaja Asif, is being framed as a boost to passenger convenience, intercity mobility and the wider recovery of Pakistan’s aviation sector.

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Pakistan seals M6 motorway deal with ADB for trade boost

Pakistan seals M6 motorway deal with ADB for trade boost

Pakistan has advanced the M6 Motorway project through a key ADB-linked agreement, giving fresh momentum to a long-delayed transport corridor seen as vital for trade and logistics. Officials say the project can strengthen connectivity between Karachi, Sukkur and the wider national motorway network while improving investment prospects and freight efficiency.

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PHC seeks response in IPP audit case as tariff pressure grows

PHC seeks response in IPP audit case as tariff pressure grows

The Peshawar High Court has sought the CPPA’s response to a petition demanding a forensic audit of IPP agreements, bringing Pakistan’s electricity pricing model back under intense scrutiny. The case could shape the wider debate over capacity payments, tariff relief and power sector reform for consumers and industry alike.

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Islamabad Zero-Tax Hotel Plan Aims to Draw Global Investors

Islamabad Zero-Tax Hotel Plan Aims to Draw Global Investors

Pakistan has moved to draft a zero-tax hotel policy for Islamabad as Interior Minister Mohsin Naqvi pushes for new five-star developments through local and foreign investment. The plan, published later than the previously used story, is part of a wider effort to upgrade the capital’s hospitality, urban management and investor appeal.

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Azerbaijan Offers LNG Lifeline as Pakistan Faces Energy Strain

Azerbaijan Offers LNG Lifeline as Pakistan Faces Energy Strain

Azerbaijan’s state energy company SOCAR says it is ready to supply LNG to Pakistan once Islamabad submits a formal request, offering a possible relief route as regional shipping disruptions squeeze fuel availability. The later-published development points to a potentially important short-term answer to Pakistan’s growing energy and power-sector strain.

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ILO Says 2025 Floods Put 3.3 Million Pakistan Jobs at Risk

ILO Says 2025 Floods Put 3.3 Million Pakistan Jobs at Risk

A new ILO assessment says the 2025 floods may have disrupted around 3.3 million jobs in Pakistan, with rural areas and agriculture bearing the heaviest damage. The report puts employment recovery at the centre of flood rehabilitation and warns that climate shocks are once again hitting livelihoods on a massive scale.

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Pakistan-China Dyes Trade MoU Signals Deeper Industry Ties

Pakistan-China Dyes Trade MoU Signals Deeper Industry Ties

Pakistan’s chemicals and dyes industry secured a new trade opening after PCDMA and China’s CCPIT signed an MoU in Shanghai during InterDye 2026. The agreement points to deeper sector-level cooperation that could support industrial inputs, business networking and stronger Pakistan-China commercial ties.

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PSX Rebounds as KSE-100 Climbs Over 1% in Early Trade

PSX Rebounds as KSE-100 Climbs Over 1% in Early Trade

Pakistan’s stock market bounced back in early trading as the KSE-100 recovered more than 1 per cent, helped by renewed buying in key sectors, calmer regional sentiment and confirmation of a fresh $1 billion Saudi inflow. The rebound came a day after a steep selloff and underscored how closely local equities are tracking geopolitics and Pakistan’s external financing outlook.

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Saudi Arabia Transfers Second $1bn Deposit to Pakistan

Saudi Arabia Transfers Second $1bn Deposit to Pakistan

Pakistan has received a second $1 billion Saudi deposit, with the State Bank saying the transfer forms part of a newly agreed $3 billion support package. The inflow offers timely relief as the country manages reserve pressure, large repayments and a broader effort to keep its external financing position stable.

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Pakistan Budget 2026: Govt Weighs Salaried Class Tax Relief

Pakistan Budget 2026: Govt Weighs Salaried Class Tax Relief

The government says proposals to provide relief to Pakistan’s salaried class will be considered during budget preparations, alongside plans to widen the tax base by targeting undertaxed sectors. The discussion, held with overseas investors, places tax fairness, business competitiveness and household pressure at the centre of the federal budget debate.

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