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610 stories · Page 15 of 21

Business📍 PAKISTAN

Experts Urge Sustainable Roadmap as Pakistan Advances NEV Policy Framework

Industry experts and policy analysts are calling on the Pakistani government to develop a comprehensive and sustainable roadmap to support the country's transition to new energy vehicles as the National Electric Vehicle policy takes shape. Stakeholders have warned that without coordinated infrastructure development, local manufacturing incentives, and consumer financing mechanisms, the policy risks remaining aspirational rather than transformative.

Business📍 PAKISTAN

Pakistan Official Declares New Era of Economic Partnership with China

Senior Pakistani official Haroon Akhtar has declared that a new era of economic partnership is now underway between Pakistan and China, signalling an intent to deepen bilateral commercial ties beyond the existing framework of the China-Pakistan Economic Corridor. The statement reflects growing momentum in the bilateral economic relationship as both sides seek to expand trade, investment, and industrial cooperation.

Business📍 PAKISTAN

Middle East War Drags Down Pakistan's Struggling Wedding Economy

The ongoing conflict in the Middle East is exerting measurable pressure on Pakistan's so-called wedding economy, a sprawling informal sector encompassing catering, textiles, jewellery, event management, and hospitality that traditionally thrives during wedding seasons. Rising import costs driven by regional supply chain disruptions, elevated commodity prices linked to war-induced energy shocks, and remittance pressures from Pakistani workers in Gulf states have collectively dampened consumer spending on weddings, vendors and industry insiders report.

Business📍 PESHAWAR / TORKHAM

APCEA Urges Cess Withdrawal and Torkham Reopening to Revive Afghan Trade

The All Pakistan Commercial Exporters Association, APCEA, has formally demanded the withdrawal of a one percent export cess and the immediate reopening of the Torkham border crossing, warning that continued restrictions are inflicting severe damage on Pakistan-Afghanistan bilateral trade and the livelihoods of thousands of traders in Khyber Pakhtunkhwa. APCEA representatives described the one percent cess imposed on exports as an unnecessary financial burden that compounds existing challenges in accessing the Afghan market, where Pakistani goods compete against Iranian and Central Asian alternatives that face no equivalent levies.

Business📍 PAKISTAN

Finance Minister Says Pakistan Has Fiscal Space to Address Climate Crisis

Finance Minister Muhammad Aurangzeb stated on Thursday that Pakistan possesses the fiscal capacity to meaningfully engage with the climate crisis, signalling a shift in the government's public messaging around environmental financing at a time when the country remains one of the world's most climate-vulnerable nations. Aurangzeb's remarks come as international pressure mounts on developing economies to commit to credible climate action plans backed by domestic resource mobilisation.

Business📍 INDIA

India's Zee Sues Reliance-Disney Joint Venture Over Music Copyright

Indian media conglomerate Zee Entertainment has filed a lawsuit against the Reliance-Disney joint venture, alleging breach of music copyright in what has become one of the most consequential intellectual property disputes in the South Asian entertainment industry. The case centres on alleged unauthorised use of music content rights, placing the two largest players in India's broadcast and streaming landscape in direct legal confrontation at a critical moment for the sector's consolidation dynamics.

Business📍 GLOBAL / UNITED STATES

Disney Earnings Beat Forecasts as New CEO Outlines Expansion Strategy

The Walt Disney Company has reported quarterly earnings that exceeded analyst estimates, with the company's new chief executive officer using the results presentation to outline a comprehensive growth strategy intended to drive the entertainment giant's next phase of expansion. The stronger-than-expected performance spans Disney's core segments including streaming, theme parks, and studio content, signalling a recovery in consumer spending on entertainment despite broader macroeconomic headwinds affecting discretionary sectors.

Business📍 PAKISTAN

Structural Barriers Continue to Block Pakistan's Renewable Energy Transition

A detailed examination of Pakistan's energy sector reveals that a combination of regulatory inertia, financing constraints, and grid infrastructure limitations continues to obstruct the country's long-promised transition to renewable energy sources. Despite significant global momentum toward clean energy and Pakistan's own renewable resource potential, the structural impediments remain deeply entrenched.

Business📍 GIFT CITY, INDIA

Adani, ArcelorMittal Among Firms Establishing Treasury Units in India's GIFT City

Major conglomerates including Adani Group and ArcelorMittal are among a cohort of large corporates setting up treasury operations within India's Gujarat International Finance Tec-City, commonly known as GIFT City, according to sources familiar with the matter. The move reflects growing corporate confidence in the offshore financial hub's regulatory environment and tax architecture.

Business📍 ISLAMABAD

Finance Minister Meets MUFAP to Discuss Savings Mobilisation and Budget Proposals

Federal Finance Minister Muhammad Aurangzeb met with a delegation from the Mutual Funds Association of Pakistan on Tuesday to discuss strategies for mobilising household savings through mutual funds and to review the industry's budget proposals for the fiscal year 2026-27. The meeting, attended by MUFAP chairman Shahzad Dada and representatives of the mutual fund industry, centred on expanding access to capital market instruments for retail investors and reducing barriers that have historically limited mutual fund penetration in Pakistan's savings landscape.

Business📍 PAKISTAN

Investment Minister Highlights Export Strategy at Pakistan-China Industry Dialogue

Federal Minister for Board of Investment Qaisar Ahmed Sheikh has presented Pakistan's business-to-business and export-led growth strategy at the Pakistan-China Industrialisation Dialogue, positioning the country as a preferred destination for Chinese industrial relocation and joint manufacturing ventures. The dialogue, which brought together Pakistani and Chinese business delegations and government representatives, focused on accelerating industrial cooperation under the framework of CPEC and beyond.

Business📍 SINDH

Sindh Extends Motorcycle Fuel Subsidy and Cuts Ride-Hailing Service Tax

The Sindh government has announced an extension of its motorcycle fuel subsidy programme and a reduction in tax applicable to ride-hailing services, in a dual measure aimed at easing transport costs for lower and middle-income residents of the province. The motorcycle fuel subsidy, which provides direct relief to a large segment of the working population dependent on two-wheelers for daily commuting, has been a politically popular initiative.

Business📍 KARACHI

PSX Admits BAFL Ex-Dividend Price Was Miscalculated

The Pakistan Stock Exchange acknowledged on Tuesday that the ex-dividend reference price for Bank Alfalah Limited had been incorrectly calculated, marking a rare admission of technical error by the bourse and raising questions about data integrity in equity settlement processes. The miscalculation affected BAFL's adjusted trading price on the ex-dividend date, a figure that directly influences how the stock opens for trading after a dividend is stripped from its value.

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