Pakistan recorded a current account surplus of $121 million in January 2026, according to data released by the State Bank of Pakistan (SBP) on Tuesday. However, on a cumulative basis, the country posted a current account deficit of $1.07 billion during July-January FY26, compared to a surplus of $560 million in the same period last fiscal year. During January, Pakistan’s workers’ remittance
The Securities and Exchange Commission of Pakistan (SECP) has released a list of 125 foreign companies - comprising branch and liaison offices - that have been formally wound up as of January 20, 2026. The publication also included data from several preceding years, providing a broader historical record of closures. In this regard, the SECP has issued the names of these companies that closed th
Oil and Gas Development Company Limited (OGDCL) on Tuesday signed a contract with SNF S.A., a French specialty chemical company and world leader in polyacrylamide production, for the installation and operation of advanced Water Injection Systems (WIS) at its Kunnar and Pasakhi oil fields located in Hyderabad district, Sindh. The project is projected to enhance oil production by approximately 9 mil
Asian stocks pushed higher on Wednesday despite the renewed artificial intelligence worries gripping international markets, while oil prices were under pressure after Iran touted progress in nuclear negotiations with the United States. The New Zealand dollar sank after the central bank said monetary policy needs to remain accommodative for some time to support the economic recovery. Japan’s
International Labour Organisation (ILO) findings showed that more than 80 percent of workers in Pakistan are employed in the informal economy, with limited rights, protection, and social security. Representatives of government, employers’ and workers’ organisations reaffirmed their commitment to advancing the transition to formal and protected work at a national tripartite forum convened by the