Category: Latest News

Policy Uncertainty Undermines Pakistan’s Green Investment Prospects

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New-Project8

KARACHI: Pakistan’s fragile economy is struggling to attract sustainable investment as policy instability, weak governance, and mounting climate risks erode investor confidence, according to a joint report by the Association of Chartered Certified Accountants (ACCA) and the Pakistan Business Council (PBC). The study warns that despite government pledges to pursue export-led growth and sustainable development, Pakistan lags in embedding sustainability into its economic framework. Foreign direct investment remains scarce, with green financing even harder to secure due to political uncertainty, regulatory unpredictability, and perceptions of fragile returns on long-term projects.…

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Pakistan, China Explore Maritime Joint Ventures to Boost Gwadar’s Regional Role

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CPEC-PNSC

ISLAMABAD: Shandong Xinxu Group Corporation of China has proposed setting up an Integrated Maritime Industrial Complex in Pakistan, marking a potential leap in bilateral cooperation in shipbuilding, port development, and the blue economy. The proposal was tabled during a meeting in Beijing between Maritime Affairs Minister Muhammad Junaid Anwar Chaudhry and senior executives of the Chinese group. The minister welcomed the initiative and invited the firm to consider joint ventures with the Pakistan National Shipping Corporation (PNSC) in leasing and feeder services linked to Gwadar port. He also proposed collaboration…

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K-Electric Secures Rs4.4bn in Pakistan’s First Retail Sukuk IPO

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K-Electric

KARACHI: K-Electric has successfully raised Rs4.4 billion through Pakistan’s first listed short-term sukuk for retail investors, more than doubling its initial target of Rs2 billion. The Initial Public Offering (IPO), which closed on Wednesday, attracted strong interest from both institutional and retail investors, with over 600 individual applicants participating. Proceeds from the sukuk will be used to meet KE’s operational needs and working capital requirements. In its statement, KE highlighted the IPO as a milestone in advancing Islamic finance and widening financial inclusion. “This offering broadens access to investment opportunities,…

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FPCCI Trade Delegation in Oman on a Landmark Visit

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New-Project7

Karachi: Oman – Pakistan Business Forum has been successfully organized at Oman Chamber of Commerce & Industry (OCCI) during FPCCI trade delegation’s visit to the brotherly country – which is being led by Mr. Saquib Fayyaz Magoon, SVP FPCCI. Engr. Hamoud Bin Salem Al-Saadi, Acting Chairman of OCCI, warmly welcomed the delegates. The forum was attended by H.E. Syed Naveed Bokhari, Ambassador of Pakistan in Oman; Mr. Aman Paracha, VP FPCCI; Sheikh Nadeem Mehboob Magoon, Chairman of FPCCI’s Pakistan – Oman Business Council; Senior FPCCI members; Omani businessmen and prominent…

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Solar Power Poised to Reshape Pakistan’s Energy Landscape: Saifur Rehman

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Solar-wind

LAHORE: Federal Tax Ombudsman (FTO) Coordinator Saifur Rehman has said that the rising demand for affordable electricity and the high cost of imported fossil fuels are making renewable energy an increasingly viable and sustainable option for Pakistan. Speaking to a delegation of industrialists led by Zia Ur Rehman, he identified solar energy as the most promising alternative, pointing to Pakistan’s year-round abundance of sunlight as a natural advantage that could reduce reliance on expensive thermal generation. He noted that supportive government measures—such as net metering, tax exemptions on solar equipment,…

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