News

Pak-Bangladesh flights to start in Dec

Bangladesh High Commissioner Iqbal Hussain Khan has announced that Mahan Air is likely to start three weekly flights between Karachi and Dhaka from next month, which will be a major step towards promoting trade and result in a significant leap in strengthening connectivity. Speaking at the Lahore Chamber of Commerce & Industry (LCCI), the high commissioner said that visa process had been simpli

National unemployment rate rises to 7.1%

The new Labour Force Survey has revealed that the unemployment rate in Pakistan rose to the highest level in 21 years at 7.1% in the last fiscal year, which Minister for Planning Ahsan Iqbal said was the result of the International Monetary Fund (IMF) programme and climate-induced disasters. The government on Tuesday unveiled the Labour Force Survey, which showed that the highest unemployment w

Barrick corporate changes won’t affect Reko Diq, says OGDC

The management of Oil and Gas Development Company Limited (OGDC) has dismissed media speculation surrounding Barrick Gold’s reported corporate restructuring, assuring investors that the changes will have no impact on the Reko Diq project. This was shared during a corporate briefing session held on November 24, 2025, which was attended by brokerage house Topline Securities, as noted in a report.

Asia stocks rise as weak US data boosts Fed rate-cut bets

Asian stocks rose on Wednesday, chasing gains on Wall Street as weaker-than-expected economic data spurred expectations that the Federal Reserve will cut interest rates at its policy meeting next month. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1%, after US stocks ended the previous session with mild gains. Japan’s Nikkei stock index tacked on 1.8%, while US stock future

PIBC holds meeting with Indonesian CG

The Pakistan–Indonesia Business Council (PIBC) of FPCCI hosted an important meeting with Mudzakir M A, the Consul General of the Republic of Indonesia, at the FPCCI, marking a significant step toward strengthening bilateral trade ties between the two countries. The focus of the discussions was on expanding bilateral trade and identifying new opportunities for collaboration in key sectors, inclu