Mon 17th August 2026
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Govt maintains decision to import 1 million tons of wheat to meet national needs
ISLAMABAD: A meeting of the Steering Committee on Wheat was held under the chairmanship of Deputy Prime Minister Ishaq Dar...
Pakistan’s economy moving in right says SBP governor
KARACHI: State Bank of Pakistan Governor Jamil Ahmed has said the country’s economy is moving in the right direction, citing...
Millers seek export of 633,000 tonnes of surplus sugar
KARACHI: The sugar mill owners have again urged Food Security Minister Rana Tanveer Hussain to allow the export of 633,000...
Petroleum levy collection surges to Rs1.567tr in FY26
LAHORE: The government collected Rs1.567 trillion through the Petroleum Levy (PL) in fiscal year 2025-26. The figure exceeded the revised...
KP cabinet approves sales tax relief for Malakand, tribal areas, clears Rs5b youth programme boost
PESHAWAR: The Khyber Pakhtunkhwa cabinet has approved two draft notifications granting sales tax relief to local service providers and industrial...
FBR raises customs penalties to Rs1m for key violations
ISLAMABAD: The Federal Board of Revenue (FBR) has significantly increased penalties for several customs violations, with fines now reaching up...
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FBR slaps new daily fines on delayed customs clearance starting Oct 1
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced new graded penalties for delays in filing goods declarations and clearing...
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Rs563m bank cheques dishonored during FY 2020-21, says report
LAHORE: It has been revealed that bank cheques worth over Rs563.2 million, belonging to industrialists, have been dishonored. The audit...
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Pakistan, Iran agree to keep border crossings open round the clock to boost trade
ISLAMABBAD: Pakistan and Iran on Wednesday agreed to further expand trade ties by keeping border crossings open round the clock,...
KP cabinet approves sales tax relief for Malakand, tribal areas, clears Rs5b youth programme boost
PESHAWAR: The Khyber Pakhtunkhwa cabinet has approved two draft notifications granting sales tax relief to local service providers and industrial...
World Bank’s Rs115b Balochistan flood project restructured
QUETTA: The government has restructured a Rs. 115 billion World Bank-funded flood rehabilitation project in Balochistan amid allegations of mismanagement...
Pakistan begins preparing FATF 2027 performance report
ISLAMABAD: Preparations for Pakistan’s 2027 Financial Action Task Force (FATF) report have begun, with the Karachi Desk starting to compile...
Spanish envoy highlights scope for expanding trade ties
RAWALPINDI: Ambassador of Spain to Pakistan, H.E. Carlos Aragón Gil de la Serna, visited the Rawalpindi Chamber of Commerce &...
KCCI pledges to make Pakistan more prosperous on Independence Day
KARACHI: Businessmen Group (BMG) Chairman Zubair Motiwala and Karachi Chamber of Commerce & Industry (KCCI) President Muhammad Rehan Hanif have...
FPCCI and Iran Chamber ink MoU to enhance bilateral trade & economic cooperation
ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry and the Iran Chamber of Commerce, Industries, Mines and Agriculture...
Faheem Saigol stresses competitive access to Iranian market
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) Chairman and Lahore Chamber of Commerce and Industry (LCCI) President Faheem-ur-Rehman Saigol...
Weekly inflation rises 0.15pc, annual rate reaches 9.11pc
ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...
SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...
TPL Life expands Mobilink Bank partnership to offer Shariah-compliant insurance plans
KARACHI: TPL Life Insurance Limited has expanded its strategic partnership with Mobilink Microfinance Bank Limited (Mobilink Bank) to introduce unit-linked...
Neelum-Jhelum project unlikely to generate electricity before 2028
ISLAMABAD: The Neelum-Jhelum Hydropower Project is unlikely to resume electricity generation before 2028, with repair work on the 979-megawatt facility...
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