News

Pakistan\'s IT sector exports $4.5bn in FY26 amid Asia-Pacific push

Pakistan's IT exports rose to approximately $4.5bn in FY2025-26, up from $3.475bn in the corresponding period last year, as the country's digital export economy entered a more mature and strategically diversified phase. Data compiled by the Pakistan Bureau of Statistics (PBS) shows the sector maintained uninterrupted growth through the year. Beyond traditional software development services,

SECP unveils digital KYC for investors

The Securities and Exchange Commission of Pakistan (SECP) has introduced a digital Know Your Customer (KYC) framework by amending the Anti-Money Laundering Regulations, 2020, making access to capital market and insurance services easier. Under the revised regulations, investors and customers will be able to complete identity verification through their bank account's International Bank Account N

Gold per tola gains Rs1,100 in Pakistan

Gold prices in Pakistan increased on Saturday in line with their gain in the international market. In the local market, gold price per tola reached Rs433,536 after a gain of Rs1,100 during the day. Similarly, 10-gram gold was sold at Rs371,687 after it increased by Rs943, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). On Friday, gold price per t

Prices of flour, chicken, vegetables surge after hike in fuel rates

Prices of flour, live chicken/meat, vegetables and other food items have increased sharply after rise in fuel prices. A weekly market survey conducted by Business Recorder here on Sunday revealed that a 20-kg flour bag has increased at Rs3000 and Rs2900 in the wholesale and retail market which was selling at Rs2700 and Rs2500 respectively in the previous week. Price of 80-kg sac has gone up at