Business

Livestock Powers Pakistan’s Agricultural Growth in FY2026

Pakistan’s livestock sector has once again proven to be the backbone of the country’s agricultural economy, accounting for the majority of agriculture’s growth during FY2025-26. According to the Pakistan Economic Survey 2025-26, livestock remained the largest contributor to agricultural value addition, highlighting its growing importance in supporting economic activity and rural livelihoods. The survey revealed…

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Business

Pakistan’s Mango Industry Faces Pressure as Beverage Companies Reduce Use of Natural Pulp

Pakistan’s mango sector is facing growing challenges as declining demand for natural mango pulp raises concerns among growers and industry stakeholders. The issue recently came under the spotlight during a meeting of the National Assembly Standing Committee on National Food Security and Research, where farmers highlighted factors they believe are contributing to lower mango production…

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Foods

Imported Juices and Non-Alcoholic Drinks Likely to Become More Expensive in Pakistan

Imported branded fruit juices and non-alcoholic beverages in Pakistan may soon see price increases following a major revision in customs valuation rules by Pakistan Customs. The update comes after more than a decade of unchanged valuation benchmarks. The Pakistan Customs has revised customs values for imported branded fruit juices and non-alcoholic drinks for the first…

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Business

Citi Pharma Expands Footprint with Acquisition of Lahore-Based Pharmaceutical Manufacturer

Citi Pharma Limited has announced a major expansion move by planning to acquire 100 percent shareholding of Pakheim International Pharmaceuticals (Private) Limited, a Lahore-based medicine manufacturer. The acquisition is part of the company’s broader strategy to strengthen its position in Pakistan’s growing pharmaceutical sector. According to a notice submitted to the Pakistan Stock Exchange, the…

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Business

Undocumented Acetate Tow Trade Raises Alarm Over Billions in Revenue Losses in Pakistan

A sharp decline in documented imports of acetate tow, a key raw material used in cigarette manufacturing, has triggered concerns over rising undocumented trade and significant losses to the national exchequer. The material is essential in cigarette filter production and is subject to high taxation under current fiscal policy. According to recent trade data, imports…

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Business

Pakistani Rupee Extends Rally to 143 Days Against US Dollar Ahead of Key Global Developments

The Pakistani Rupee continued its upward trajectory on Monday, marking its 143rd consecutive gain against the US Dollar. The local currency closed at 278.91, registering a marginal improvement of one paisa, but sustaining a remarkable streak that reflects relative market stability. The consistent appreciation of the Pakistani Rupee highlights improving sentiment in Pakistan’s currency market.…

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Business

Petrol Pump Owners Threaten Nationwide Shutdown Over Fuel Sector Concerns

The All Pakistan Petrol Pump Owners Association has warned of a potential nationwide closure of petrol pumps if urgent issues within the fuel sector are not addressed, raising concerns over a looming fuel crisis in Pakistan. In a formal letter addressed to Ali Pervaiz Malik, the association requested an immediate meeting to discuss operational challenges,…

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Business

Gold Prices in Pakistan Rise as International Bullion Surges

Gold rates in Pakistan continued their upward trend on Friday, tracking gains in the global market where bullion climbed further above $5,000 per ounce. In the local market, the price of gold per tola increased by Rs. 2,500, reaching Rs. 526,462. The rise reflects both international price momentum and currency-linked adjustments in domestic pricing. Market…

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Business

FBR Removes Local Agents From Car Price Certification to Cut Import Costs

The Federal Board of Revenue (FBR) has introduced a major reform aimed at reducing costs for vehicle importers by eliminating the role of authorised local agents in certifying car prices. Under the newly issued Customs General Order No. 2 of 2026, the FBR has amended Customs General Order No. 14 of 2005, which previously required…

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Business

Sindh High Court Rules Lapsed Sugar Subsidy Cannot Be Revived

The Sindh High Court has dismissed a series of petitions filed by 16 sugar mills seeking the release of an inland freight subsidy that was approved years earlier but never disbursed. The court ruled that the subsidy had effectively lapsed and could not be revived through judicial intervention, marking a significant decision for Pakistan’s sugar…

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