Finance Minister reviews proposed roadmap for gas sector restructuring, deregulation

KARACHI: Ambassador of the Republic of Portugal to Pakistan, Mr. Paulo Domingues, has called for a major transformation in Portugal-Pakistan...

Hyderabad Customs detains three oil tankers carrying 20,000 litres of fuel over tracking discrepancies

HYDERABAD: Collectorate of Customs team has detained three oil tankers carrying approximately 20,000 litres of petrol and high-speed diesel (HSD),...

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...

IHC issues SCN to Customs Collector over delay in return of gold bars

ISLAMABAD: The Islamabad High Court has issued a show-cause notice to the collector how for failing to return seized gold...

Pakistan revises GDP growth to 3.65%, economy hits $450.4bn

ISLAMABAD: Pakistan’s economic growth rate for the fiscal year 2025-26 has been revised downward by 0.05 percentage points to 3.65%,...

Karachi port receives 108,277 tonnes of fertiliser in four ships

KARACHI: The Karachi Port (KPT) has received 108,277 metric tonnes of fertiliser aboard four large ships, helping to maintain supplies...

Pakistan, Canada begin third round of bilateral investment treaty talks

ISLAMABAD: A special delegation from Canada has arrived to carry on the discussions of the third round of negotiations on...

SHC adjourns Khanani and Kalia Money laundering case for four weeks

KARACHI: The Sindh High Court (SHC) has adjourned the hearing of a petition seeking the restoration of frozen bank accounts...

SME financing rises 33pc to Rs943b in Pakistan: SBP

KARACHI: Financing for small and medium-sized enterprises (SMEs) in Pakistan has increased significantly, with outstanding loans reaching Rs943 billion in...

FBR Chairman urges exporters to expand Pakistan’s global market reach

KARACHI: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has urged Pakistani exporters to expand their presence in international...

“Young entrepreneurs can reshape Pakistan’s economic future”

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

NBP inks MoU with PowerChina arm for green financing collaboration

LAHORE: National Bank of Pakistan (NBP) has signed a Memorandum of Understanding (MoU) with PowerChina|Integrity Energy Storage (Shanghai) Technology Co....

FBR implements faceless tax audit and assessment system from October 15

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a new framework for conducting tax audits, assessments and related proceedings...

Pakistan explores new funding options with three UAE Banks to ease debt pressure

ISLAMABAD: Finance Minister Muhammad Aurangzeb held separate meetings with delegations from Sharjah Islamic Bank, Abu Dhabi Commercial Bank and Ajman...

RCCI hosts Pakistan’s ambassador to Russia, explore bilateral trade opportunities

RAWALPINDI: The Rawalpindi Chamber of Commerce & Industry (RCCI) welcomed Pakistan’s Ambassador to the Russian Federation, Faisal Niaz Tirmizi, during...

Customs Appellate Tribunal set aside perfume Valuation Ruling 2094/2026

KARACHI: The Customs Appellate Tribunal Bench-III in Karachi has set aside Valuation Ruling No. 2094/2026 and the Order-in-Revision that modified...

Finance minister, UNDP administrator discuss development financing, climate resilience & employment

BANGKOK: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with Mr. Alexander De Croo, UNDP Administrator and UN...

SBP unveils new rules for Islamic banking transactions

KARACHI: The State Bank of Pakistan (SBP) has adopted Shariah Standard No. 30 on Monetization (Tawarruq), issued by the Accounting...

PIA launches special discount on flights to Toronto