Express Tribune Business

30/06/2025

I have been advocating ideas and policies for free enterprise, open trade, limited government and low tax rates in these columns. These institutions are pillars of prosperity. This budget has brought good news on some of these fronts.

For more: https://tribune.com.pk/story/2553350/1

30/06/2025

The government on Sunday notified an increase in the fixed charges on gas bills by 50% and also jacked up gas tariffs for non-residential consumers.

For more: https://tribune.com.pk/story/2553393/1

29/06/2025

The federal government has approved a partial reversal of its earlier decision to completely abolish or reduce regulatory duties on about 285 imported products in the next fiscal year, partially rolling back a move that had placed a dozen industries at a disadvantage.

The federal government has approved a partial reversal of its earlier decision to completely abolish or reduce regulatory duties on about 285 imported products in the next fiscal year, partially rolling back a move that had placed a dozen industries at a disadvantage.

For more: https://tribune.com.pk/story/2553208/1

28/06/2025

Mr. Rashid Ashraf, Chief Executive Officer of ACE Money Transfer, conducted strategic meetings in Islamabad with the Honorable Finance Minister, Mr. Muhammad Aurangzeb, and Honorable Minister for Information and Broadcasting,
Mr. Attaullah Tarar and other senior government officials to discuss collaborative efforts aimed at strengthening Pakistan’s Financial infrastructure and enhancing formal remittance inflows.

Speaking after the meetings, Mr. Rashid Ashraf stated that, “We are proud to support Pakistan’s economic future by promoting legal remittance flows. Encouraging formal, transparent channels not only strengthens the economy but directly benefits millions of families. ACE remains committed to working alongside the Government of Pakistan to accelerate financial inclusion, digitization, and long-term economic resilience.”

ACE Money Transfer

25/06/2025

Etihad Town Phase - III Pre-Launch Payment Plan Unvieled
Etihad Town Lahore, Pakistan’s most trustworthy real estate brand, hosted a grand unveiling ceremony of the Phase – III Pre-Launch Payment Plan at The Palace, Raiwind Road.

The event was graced by top realtors, sales partners, and industry leaders, along with the presence of all Etihad SSPs who praised the project’s unmatched location, visionary planning, and unique features.

Mr. Sheikh Shujaullah Khan, CEO of Etihad Group, shared his thoughts:
“Phase – III is not just another housing project. It’s a complete reflection of a modern, prosperous lifestyle and a milestone in Etihad Town’s legacy.”
Key Highlights of Phase – III:

An international Standard water park
Eco-friendly Urban Forest
Bird Park
Sports Arena
A Commercial Block inspired by Champs-Élysées, France
The pre-launch payment plan received an enthusiastic response from the attendees, reinforcing trust in Etihad Town’s timely delivery and transparent development model.

Phase – III brings together sustainable green living and world-class infrastructure in a one-of-a-kind development.

Town

25/06/2025

China has shown willingness to reschedule $1.8 billion debt for a period of two years, which is about half of the amount that Pakistan had requested last year but is still critical for meeting requirements of the International Monetary Fund (IMF) programme.

China has shown willingness to reschedule $1.8 billion debt for a period of two years, which is about half of the amount that Pakistan had requested last year but is still critical for meeting requirements of the International Monetary Fund (IMF) programme.

For more: https://tribune.com.pk/story/2552555/1

24/06/2025

The government on Monday laid a Rs28.8 trillion compulsory expenses bill before the National Assembly for the next fiscal year, which is about 17% lower than this year due to a reduction in interest rates, but key state organs received double-digit increases in their budgets.

The government on Monday laid a Rs28.8 trillion compulsory expenses bill before the National Assembly for the next fiscal year, which is about 17% lower than this year due to a reduction in interest rates, but key state organs received double-digit increases in their budgets.

For more: https://tribune.com.pk/story/2552324/1

23/06/2025

Four days ahead of the approval for Rs435 billion worth of tax measures announced in the budget, the government on Sunday proposed a Rs36 billion mini-budget and eased restrictions on major purchases by individuals with insufficient declared assets.

For more: https://tribune.com.pk/story/2552229/1

22/06/2025

As the local currency comes under renewed stress, the State Bank of Pakistan (SBP) on Saturday proposed linking tax benefits with a minimum one-year retention period for foreign investments in government debt and equity markets to bring predictability in outflows.

For more: https://tribune.com.pk/story/2552057/1

21/06/2025

Pakistan's steel sector may become the first casualty of the government's decision to open the economy to foreign competition, as a parliamentary review finds flaws in the assumptions behind cutting protection levels by 52%.

For more: https://tribune.com.pk/story/2551918/1

20/06/2025

Pakistan's textile exports — the country's largest export-earning sector and a crucial pillar for its trade balance — recorded a 2% year-on-year (YoY) decline in May 2025, totalling $1.53 billion compared to $1.55 billion in the same period last year.

For more: https://tribune.com.pk/story/2551732/1

20/06/2025

Local auto industry has termed the government's target of having at least 30% electric vehicles (EVs) by 2030 both ambitious and daunting for a financially constrained country like Pakistan.

For more: https://tribune.com.pk/story/2551732/1