By Commerce Reporter ISLAMABAD: The Asian Development Bank (ADB) has approved two significant projects worth a total of $540 million to support Pakistan’s state-owned enterprise (SOE) reforms and enhance climate resilience in Sindh’s coastal districts. The financing package includes a $400 million results-based loan for the Accelerating SOE Transformation Program, aimed at addressing long-standing governance […]

PSMU Desk ISLAMABAD: The federal cabinet has approved the diversion of 45 liquefied natural gas (LNG) cargoes in response to declining domestic demand for gas. This move follows a decision by the Economic Coordination Committee (ECC), which had already endorsed the plan. The proposal was presented to the cabinet during a recent meeting, where it […]

By Commerce Reporter KARACHI: The Initial Public Offering (IPO) of Pak-Qatar Family Takaful Limited (PQFTL) has gotten off to an impressive start, with the offering being oversubscribed on its very first day of book building. This strong response underscores investor confidence in the company’s future growth prospects. Shahid Ali Habib, CEO of Arif Habib Limited, […]

By Syed Uzair Karachi: AIG Karachi Javed Alam Odho and KATI President Muhammad Ikram Rajput, accompanied by UBG leaders Khalid Tawab, Hanif Gohar, Mazhar Nasir, Sheikh Umer Rehan, Israr Ahmed, and prominent industrialists, met to review Karachi’s evolving security situation and discuss the critical role of the Safe City Project in strengthening one of the […]

AMID METHODOLOGICAL CONCERNS; UPGRADES PLANNED FOR 2026 By Imran Zakir KARACHI: The International Monetary Fund (IMF) has given India a ‘C’ grade—the second-lowest possible rating—specifically for its GDP and national accounts data, citing persistent methodological weaknesses that could hamper accurate economic surveillance and policy analysis. The assessment was disclosed in the IMF’s 2025 Article IV […]

PSMU Desk Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has announced the issuance of revised Environmental, Social, and Governance (ESG) Disclosure Guidelines for listed companies, reinforcing its commitment to sustainability reporting and supporting Pakistan’s transition to a greener economy. The updated guidelines, now available on the SECP’s official website, are aligned with Pakistan’s […]

AS TRADE TIES GAIN NEW MOMENTUM By Commerce Reporter KARACHI: Economic Consul of the Indonesian Consulate General, Dr. Syofian Ahmad, while referring to the recently signed joint statement between the leadership of Indonesia and Pakistan, stated that this important development has created new momentum for both countries as they move toward transforming their existing arrangements […]

TOUGH REFORMS AHEAD PSMU Desk ISLAMABAD: The International Monetary Fund (IMF) has introduced 11 new structural benchmarks (SBs) for Pakistan, covering a range of critical reforms in tax policy, governance, the financial sector, and energy. These benchmarks are part of the ongoing Extended Fund Facility (EFF) arrangement and aim to strengthen Pakistan’s economic foundation. The […]