Mari Energies Nears Takeover of Stakes in Orient Petroleum Blocks Across Pakistan
Mari Energies Ltd., Pakistan’s No. 2 oil and gas explorer, is set to formally take over significant stakes in three Orient Petroleum blocks within days, cementing its position in some of the country’s most promising hydrocarbon zones. “The process of formally claiming its stakes and relocating to the sites will conclude in a few days. […]
Trump doubles tariffs on Indian goods, risking $85B in exports
Markets tumble as New Delhi vows to stick with Russian oil despite U.S. pressure U.S. President Donald Trump has doubled down on trade pressure against India, imposing an additional 25% tariff on Indian-origin goods, raising overall duties to 50% — one of the steepest trade penalties ever leveled by Washington. The decision puts at risk […]
Pakistan unveils New EV policy to drive clean future
Prime Minister Shehbaz Sharif on Tuesday rolled out Pakistan’s New Energy Vehicle (NEV) Policy 2025-30, touting it as a landmark step to curb emissions, cut fuel imports and put the country on the road to a cleaner, youth-driven economy. Unveiling the plan at a ceremony in Islamabad, Shehbaz said the policy reflects Pakistan’s national commitment […]
Citi Pharma overtakes rivals as Pakistan’s largest antibiotics producer with Chinese Backing
Citi Pharma has become Pakistan’s largest antibiotics maker after a China-backed expansion that lifted output tenfold to 100,000 vials a day.
Pakistan Plans Sweeping Industrial Policy to Cut Costs, Revive Sick Units
Pakistan is rolling out a five-year industrial policy to slash production costs, revive sick factories and boost exports, in a push to make its manufacturing sector more competitive. The plan includes cheaper power, investor-friendly reforms and stricter contract enforcement, according to officials briefed on the matter. Special Assistant to the Prime Minister on Industries Haroon […]
Pakistan to Hike Taxes on Luxury Cars in Budget FY26
New budget targets auto elite, spares hybrids amid pressure from Tokyo Pakistan is set to impose steeper withholding taxes on a wide range of luxury vehicles in its upcoming 2025-26 budget, part of a broader revenue-boosting push to meet International Monetary Fund (IMF) benchmarks — even as it moves carefully to accommodate Japanese pressure on […]
Pakistan Courts American Investors With Stability Promises
Petroleum Minister Pledges Pro-Business PushFDI jumps in April as government woos American investors with promises of reforms Pakistan’s Petroleum Minister, Ali Pervaiz Malik, vowed to maintain a pro-business trajectory, signaling stronger investor support and regulatory reforms as Islamabad looks to revive foreign investor confidence—especially among U.S.-linked firms. Speaking in Lahore, on Saturday, Malik—who previously served […]
Pakistan’s Honda Atlas Exports First Built-Up Cars to Japan
Honda Atlas Cars Pakistan has achieved a historic milestone by exporting its first-ever batch of completely built-up (CBU) units, with 40 Honda City 1.2L vehicles dispatched to Japan. The landmark export underscores Pakistan’s growing role in the global automotive industry and aligns with the government’s vision of boosting industrial and export-led growth. Special Assistant to […]
CCP approves Unity Foods acquisition by Singaporean firm
The Competition Commission of Pakistan (CCP) has granted approval to the share acquisition in Unity Foods company of Pakistan by four acquirers, including a Singapore-based investment holding company. The approved transaction involves the acquisition of a 23.20% shareholding in M/s. Unity Foods Limited by the four acquirers. One of the acquirers is M/s. Wilmar Pakistan […]
SECP Introduces Amendments to Companies (Further Issue of Shares) Regulations 2020
The Securities and Exchange Commission of Pakistan (SECP) has announced a series of amendments to the Companies (Further Issue of Shares) Regulations, 2020, after extensive consultations with stakeholders and the public. The SECP revealed Thursday the adoption of revised regulations aimed at simplifying the process of right issuance, bolstering disclosures in offer documents, and adjusting […]
