Saudi Arabia, Qatar to provide $5b financial assistance to Pakistan: Turkish media

LAHORE: Federal Minister for Commerce Jam Kamal Khan has directed the Pakistan Dairy Association to submit proposals for reducing general...

KPRA collects Rs38.8b in Jul–Mar, sales tax on services rises 21pc

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a 21% increase in sales tax on services during the first nine months...

Fitch affirms Pakistan’s ‘B-‘ rating with stable outlook

ISLAMABAD: Fitch Ratings has reaffirmed Pakistan’s long-term foreign currency rating at ‘B-’ with a stable outlook, pointing to progress in...

Cotton prices hit two-year high as supply constraints tighten market

KARACHI: Cotton prices in Pakistan have climbed to a two-year high, with rates rising by Rs4,000 per maund to reach...

Pakistan opens transit corridor with Iran by sending first shipment to Uzbekistan

ISLAMABAD: Pakistan Directorate General of Transit Trade announced this week it has operationalized a new transit corridor via Iran by...

Aurangzeb highlights Pakistan’s ability to meet external obligations on time

NEW YORK: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday highlighted Pakistan’s key reform priorities while participating...

APP35-05
KARACHI: June 05 - The first large vessel capacity 5000 container Friday steamed into Karachi Port after increasing the depth of Karachi Harbour. APP

First container vessel arrives at Karachi port after Hormuz disruptions

KARACHI: The container vessel MV Selen, operated by the National Logistics Corporation (NLC) under AP Line berthed at Karachi Port...

FBR revises customs values for imported auto spare parts vide Valuation Ruling No.2064/2026

KARACHI: The Directorate General of Customs Valuation, Karachi, notified the changes through Valuation Ruling No. 2064/2026, replacing the earlier framework...

SMEDA opens new market pathways for women at ‘Made in Gujranwala’ Expo in Karachi

KARACHI: The Small and Medium Enterprises Development Authority (SMEDA) has strengthened its support for women entrepreneurs and microenterprises by facilitating...

Iran Central Bank Governor meets DPM Ishaq Dar

ISLAMABAD: Governor of the Central Bank of Iran Dr Abdolnasser Hemmati called on Deputy Prime Minister/ Foreign Minister, Senator Mohammad...

FBR posts 42pc drop in tax collection from developers, builders

ISLAMABAD: The Federal Board of Revenue (FBR) reported a 42 percent decline in income tax collection from builders and developers...

FBR moves against officers for failing to declare assets, sets April 24 deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has taken strict notice after several of its officers were found to have...

Diesel price cut by Rs134.81, petrol down Rs11.83

ISLAMABAD: In a major relief for inflation-hit consumers, the government has reduced petroleum prices, slashing petrol by Rs11.83 per litre...

Punjab Food Authority steps up enforcement, inspects 1.36 million food units

LAHORE: The Punjab Food Authority (PFA) has carried out large-scale inspections across the province, checking 1,363,198 food units to date...

Pakistan RDA inflows rise 11pc to $261m in March 2026

KARACHI: Pakistan received $261 million through Roshan Digital Accounts (RDA) in the month of March 2026, marking an 11 percent...

Freight fares slashed by 40pc after cut in prices of petroleum products

KARACHI: The Pakistan Goods Transport Alliance (PGTA) has announced a 40% decrease in freight fares following cut in prices of...

Russia approves import of Pakistani potatoes

KARACHI: In a major boost to Pakistan’s agricultural exports, the Russian Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) has...

Aurangzeb, Saudi finance minister discuss ongoing economic cooperation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, saw off the Saudi Arabia, Mohammed bin Abdullah Al-Jadaan, at...

Pakistan’s forex reserves rise by $105m in one week