Wed 12th August 2026
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Banks, financial institutions to remain closed for three days
KARACHI: Banks and financial institutions across Pakistan will remain closed for three days this week, from August 14 to August...
Pakistan’s total debt burden nears record Rs84 trillion: SBP
KARACHI: Pakistan’s total debt burden has reached nearly Rs84 trillion, with the country’s overall debt rising by 7.4% year-on-year by...
FBR fails to recover Rs5.62b in taxes from 106 taxpayers
LAHORE: The Federal Board of Revenue has failed to recover Rs5.62 billion in taxes from 106 taxpayers across 14 field...
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...
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...
FBR cuts exporters’ tax rate to 1.25pc, announces Rs361b relief package
ISLAMABAD: The Federal Board of Revenue (FBR) has reduced the tax rate applicable to exporters from 2 per cent to...
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Customs Appraisement issues operating procedure for newly setup cargo terminal at Port Qasim
KARACHI: The Collectorate of Customs Appraisement at Port Muhammad Bin Qasim has issued a standing order establishing operational procedures for...
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FBR fails to recover Rs5.62b in taxes from 106 taxpayers
LAHORE: The Federal Board of Revenue has failed to recover Rs5.62 billion in taxes from 106 taxpayers across 14 field...
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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...
Peshawar High Court upholds abolition of free electricity units for DISCO employees
PESHAWAR: The Peshawar High Court (PHC) upheld the federal government's decision to abolish the longstanding facility of free electricity units...
Govt notifies 16 Pension Fund Managers for new pension scheme 2024
ISLAMABAD: The federal government has notified a panel of 16 eligible Pension Fund Managers (PFMs) to implement the Defined Contribution...
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...
Future belongs to entrepreneurs who embrace AI, biotechnology: President ICCI
ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for a fundamental transformation in Pakistan’s...
High powered Chinese business delegation explores bilateral trade & investment avenues at ICCI
ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for taking Pakistan-China economic...
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...
SECP refers Blink Capital Management case to FIA over alleged Rs446.6m
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has referred the case of Blink Capital Management (Private) Limited to...
IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production
ISLAMABAD: The International Finance Corporation (IFC) has announced an investment of up to US$20 million in Pakistan’s leading plastic packaging...
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