Business - DAWN.COM

E-Paper | June 09, 2026

Budget likely to be announced on June 12, says minister

Tariq Fazal Chaudhry says summaries to convene budget sessions in the National Assembly and Senate on June 10 have been sent.

Updated 09 Jun, 2026 01:06pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
GUSMWU	9.02	0.99	12.33 ▲	210,198
FFLM	8.67	0.91	11.73 ▲	1,931,631
TPLP	10.28	0.95	10.18 ▲	60,580,808
PPVCNC	19.53	1.78	10.03 ▲	44,276
DSIL	12.31	1.12	10.01 ▲	20,306,775

Company	Price	Change	Change %	Volume
RUBYNC	18.49	-2.05	-9.98 ▼	312,975
IDSM	77.27	-8.55	-9.96 ▼	100,102
JVDCPS	68.4	-7.27	-9.61 ▼	3,652
POWERPS	25.46	-2.57	-9.17 ▼	2,774
TSMF	17.4	-1.72	-9.00 ▼	865,000

Source: PSX | Updated Jun 08, 2026

Budget timing in doubt after National Economic Council meeting put off again

Federal govt seeks over Rs1tr for strategic needs; provinces resist freeze on NFC shares.

Updated 09 Jun, 2026 08:24am

Govt mulls easing curbs to facilitate asset transfer

Overseas Pakistanis struggle as remittance cap hinders repatriation of funds.

Published 09 Jun, 2026 06:30am

Branded Content

Airlink launches Hisense in Pakistan, ushering in a new era for consumer electronics nationwide

Airlink Communication Limited, Pakistan’s leading technology manufacturer and distributor, has formally launched Hisense in Pakistan,

OGDC’s strategic drive for sustainable growth and responsible value creation

OGDC has launched a comprehensive and focused production optimisation initiative aimed at reversing natural declines in mature fields and unlocking additional hydrocarbon output.

Engro and Baidu enter into an MoU to explore AI capabilities and ecosystem development across the region

The parties will explore areas spanning AI infrastructure, research, talent development and industry applications.

Financial experts urge policymakers to broaden tax net, cut tariff distortions

Sustainable Development Policy Institute seeks relief for salaried class; stresses social spending should boost productivity, not just expenditure.

Published 09 Jun, 2026 10:28am

Stocks extend losses on cautious trading

Rising geo political tensions and uncertainty surrounding budget dampen investor sentiment.

Published 09 Jun, 2026 06:30am

Business leaders seek restoration of Final Tax Regime

Express serious concern over the removal of the Export Facilitation Scheme benefits on yarn and fabric.

Updated 09 Jun, 2026 07:51am

Pak-Iran border trade halt to trigger LPG shortages

“This crisis comes at a time when Pakistan’s border trade infrastructure is already under severe strain,” Gwadar Chamber of Commerce and Industry president says.

Published 09 Jun, 2026 06:30am

Licensing for foreign sponsors made easier

Securities and Exchange Commission of Pakistan will process applications without requiring security clearance at the application stage.

Published 09 Jun, 2026 06:30am

Ogra in disarray amid pricing probe, legal challenges

Member (oil) steps down after FIA quizzing on price differential claims.

Published 08 Jun, 2026 06:54am

Small traders tax scheme — less a reform, more a negotiated settlement with one of the most under-taxed constituencies

The OICCI notes that the corporate sector, representing only 6pc of GDP, accounts for nearly 60-70pc of direct tax revenues, while retailers remain under taxed.

Published 08 Jun, 2026 09:42am

Highlights

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