Gold prices in Pakistan surged to a fresh all-time high on Monday, mirroring a sharp rally in international markets driven by escalating geopolitical tensions and heightened safe-haven demand. Silver also climbed to an unprecedented level in the local market. According to rates issued by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold rose by Rs6,200 per tola
A delegation of the Pakistan American Chicagoland Chamber of Commerce visited the Lahore Chamber of Commerce and Industry (LCCI) and met with LCCI President Faheemur Rehman Saigol. The LCCI president said that the United States is Pakistan's largest export destination, with exports reaching around $6 billion last year. He said that by effectively using the US tariff structure, Pakistan can incr
As 2025 nears its end, the country is looking towards 2026 with growing concern within industrial and commercial circles that high costs, weak competitiveness and policy uncertainty could further slow economic momentum unless decisive steps are taken to support productive sectors. Business leaders say that while macroeconomic stability has improved compared to previous years, conditions on the gro
Pakistan's textile and apparel exports to China demonstrated resilience during January-November 2025, supported by steady demand for core textile inputs and a gradual expansion of value-added categories. According to the latest figures released by the General Administration of Customs of China (GACC), Pakistan's shipments across major textile and apparel product categories covered in the trade
Renowned economist Professor Amir Sufi says that as global markets increasingly shift toward high-tech services, including information technology and professional scientific services, the financial sector must undergo a fundamental transformation to keep pace. He was speaking at the 25th Zahid Husain Memorial Lecture hosted by the State Bank of Pakistan (SBP).The lecture series, which honours t