Chinese power firms face prolonged payment delays under CPEC
BEIJING: Chinese independent power producers (IPPs) under the China-Pakistan Economic Corridor (CPEC) are facing significant payment delays in Pakistan, even...
Ahsan champions ‘URAAN Pakistan Data Centre’ to drive data-driven planning
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives, Prof Ahsan Iqbal visited the Pakistan Bureau of Statistics (PBS) where...
Shahid Nazir Chaudhry assumes charge as LCCI acting president
LAHORE, Jul 02 (APP):Vice President Shahid Nazir Chaudhry has assumed the charge of Acting President of Lahore Chamber of Commerce...
New taxes hit Pakistan’s e-commerce sector hard
LAHORE: Pakistan's e-commerce sector is facing a sharp rise in operational costs due to new taxes introduced under the Finance...
KPT closes the year with a record 54 million ton cargo
KARACHI: Karachi Port Trust (KPT) closed fiscal year 2024-25 with achievement of a milestone of 54 million tons cargo handling...
Pakistan’s crypto mining plan hits roadblock as IMF pushes back
ISLAMABAD: The federal government has failed to get approval from the International Monetary Fund (IMF) for a plan to provide...
Govt reduces profit rates on National Savings Schemes
KARACHI: The government has slashed profit rates on most National Savings Schemes by 15 to 59 basis points, effective June...
Pakistan exceeds IMF target as SBP reserves reach $14.5b
KARACHI: The State Bank of Pakistan's (SBP) reserves increased by $5.12 billion to $14.51 billion as of June 30 at...
SIFC orders revision of Brownfield Refinery Policy to resolve $6b investment standoff
ISLAMABAD: The Special Investment Facilitation Council (SIFC) has instructed authorities to revise the Brownfield Refinery Policy 2023 by September 31...
Pakistan, US in final trade talks to close tariff deal ahead of July 9 deadline
WASHINTON: With only a week left before the July 9 deadline, trade negotiations between Pakistan and the United States have...
SBP to introduce simplified digital payment package for small businesses
KARACHI: The State Bank of Pakistan (SBP) is working on a strategy to streamline and simplify digital payment systems for...
FBR empowers customs officials to reexamine cargo even after clearance
ISLAMABAD: The Federal Board of Revenue (FBR) has empowered customs officials to reexamine cargo — even after it has been...
Russia seeks to double $1.8b trade with Pakistan
ISLAMABAD: Russia seeks to double the volume of its bilateral trade with Pakistan, Russian Consul-General Andrey V. Federov said, amid...
Pakistan hikes air cargo handling charges, some rates increase by up to 100 times
KARACHI: The Pakistan Airports Authority (PAA) has raised cargo handling charges across all airports in the country, with certain categories...
Overseas Pakistanis offered 120-day tax-free mobile registration
LAHORE: The Federal Board of Revenue (FBR) has launched a 120-day tax-free mobile registration facility for Overseas Pakistanis on each...
KPRA exceeds revenue target, collects Rs51.56b in FY2024-25
PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has announced a significant achievement, successfully collecting Rs51.56 billion for the financial year...
SRB achieves record Rs306.6b collection in FY2024-25
KARACHI: The Sindh Revenue Board (SRB) has announced a significant milestone, collecting a record Rs306.6 billion in revenue during the...
LCCI holds 2nd IT Freelancing Awards 2025 show
LAHORE: The 2nd LCCI IT Freelancing Awards 2025, organized by Lahore Chamber of Commerce and Industry (LCCI), honored the unsung...
PM chairs meeting on FBR digitization, appreciates 42pc revenue growth
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Wednesday applauded the Ministry of Finance and the Federal Board of Revenue (FBR)...
Finance Minister underscores importance of SMEs to national economy
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Wednesday represented Pakistan in a high-level panel discussion titled...
