News

Pakistan’s cotton sector is once again under pressure as the latest report by the Pakistan Cotton Ginners Association (PCGA) shows a flat output trend, unstable arrivals, and rising stress on the ginning, spinning, and textile value chain. Cotton, long considered the backbone of Pakistan’s textile economy, is failing to meet national demand — and experts…

Pakistan’s oil sector is once again in the spotlight as the Oil Companies Advisory Council (OCAC) and the Oil Marketing Association of Pakistan (OMAP) have rejected the government’s strict deadline for digital integration of the petroleum supply chain. The dispute arose after the Oil & Gas Regulatory Authority (Ogra) issued instructions to digitally integrate over…

Pakistan and Turkiye have taken a major step toward strengthening their strategic partnership by signing five new Memoranda of Understanding (MoUs) and deeds of assignment focused on oil and gas exploration, mining development, and energy-sector collaboration. The agreements were signed during the visit of a high-level Turkish delegation, marking a new chapter in long-term economic,…

Pakistan has taken a major step toward expanding its footprint in international bond markets as the Federal Cabinet approved full tax exemptions for the country’s upcoming $1 billion Panda Bond issuance. This development marks a significant milestone in Pakistan’s external financing strategy and is expected to attract strong investor demand from Chinese and global institutions….

Pakistan has taken a major step toward long-term economic transformation as Prime Minister Shehbaz Sharif approved fast-tracked actions on the country’s new export-led growth strategy. This comes after the government received detailed reform proposals from private-sector experts, focusing mainly on tax reforms, investment expansion, and export competitiveness. The initiative signals a clear shift toward a…

Pakistan has taken a major regulatory step by officially starting the licensing of legal VPN services under the Commercial Cloud VPN Services (CVAS-Data) framework. The Pakistan Telecommunication Authority (PTA) announced that it has now issued licenses to multiple companies, enabling them to operate legally across the country. This marks a significant shift in Pakistan’s digital landscape, where…

Pakistan has introduced the Virtual Asset Service Provider Governance & Operations Regulations 2025, a major step towards controlling and monitoring digital asset activity in the country. These regulations apply to all VASPs (Virtual Asset Service Providers), including crypto exchanges, brokers, custodians, token issuers, and platforms offering digital asset lending or derivatives. The new rules require…

Pakistan Customs has intensified its nationwide crackdown against smuggling, and the latest major action has come from Balochistan. In two powerful operations, Quetta Customs has seized non-custom paid (NCP) cars worth Rs. 272 million, delivering a strong message to smugglers and illegal traders. The recovered vehicles include several luxury models, high-value SUVs, and illegally imported…