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TPL Corp Limited (PSX: TPL) Board of Directors granted final approval on December 17, 2025, for Jazz International Holding Limited to acquire shares and control of TPL Insurance Limited, the company’s subsidiary. The Board meeting, held at 11:00 a.m. on Tuesday, approved the Share Purchase Agreement with Jazz International Holding Limited. The transaction progresses from the in-principle […]

Pakistan’s real effective exchange rate (REER) increased to 104.761 in November 2025, up from 103.95 in October 2025, a 0.78% MoM gain and a 1.69% rise YoY from 103.022 in November 2024. The increase in REER indicates a relative strengthening of the Pakistani rupee when adjusted for inflation against its trading partners. Meanwhile, the nominal effective […]

Pakistan has recorded a current account surplus of $100 million, the latest data issued by the State Bank of Pakistan (SBP) revealed today. Last month, the country recorded a current account deficit of $291m, while in November, 2024 the current account surplus stood at $709m. On a cumulative basis, the current account deficit in 5MFY26 […]

Government will move ahead with the privatization of three power distribution companies IESCO, FESCO and GEPCO with expressions of interest expected to be issued shortly, as the government accelerates reforms aimed at creating a competitive electricity market. Prime Minister Shehbaz Sharif gave the directive while chairing a meeting on the power sector to push for […]

Pakistan’s power generation sector recorded a total output of 8,050 GWh in November 2025, 19% lower MoM, according to data compiled by Arif Habib Limited. The sector achieved a remarkable 15% reduction in average fuel costs YoY, which signaled improved efficiency in the country’s evolving energy mix. Nuclear generation surged 23% YoY to reach 2,031 […]

Pakistan and Uzbekistan agreed to intensify cooperation across political, parliamentary and economic fronts during a meeting in Islamabad. The discussions built on a framework supported by multiple signed agreements and a newly established high-level coordination mechanism. The understanding emerged from talks between Advisor to the Chairman Senate and Ambassador for the Inter-Parliamentary Speakers’ Conference, Misbah […]

Pakistan is considering the phased and regulated adoption of genetically modified (GMO) maize to boost agricultural productivity, exports, and food security. The technology could raise yields by 15–20 maunds per acre and strengthen the country’s competitiveness in global markets. Federal Minister for National Food Security and Research Rana Tanveer Hussain chaired the meeting, while the […]

The All Pakistan Textile Mills Association (APTMA) has formally requested the Federal Board of Revenue (FBR) to grant an extension of at least three weeks for the filing of sales tax returns and the payment of sales tax.  The letter cites severe disruptions in logistics caused by ongoing transport strikes across the country. In a […]