Middle East conflict may threaten Pakistan’s remittance outlook: PIAF

ISLAMABAD: Chinese Ambassador to Pakistan Jiang Zaidong on Wednesday underscored the significance of China’s newly unveiled Outline of the 15th...

Pakistan accelerates Roosevelt Hotel privatization, US shows interest

ISLAMABAD: Pakistan has decided to accelerate the privatization of the Roosevelt Hotel in New York, one of its most valuable...

IMF pressures Pakistan to fast-track DISCOs privatisation

KARACHI: Pakistan and the International Monetary Fund (IMF) have held virtual economic review talks as efforts intensify to secure the...

Govt bears Rs 69b shock to maintain POL prices: Aurangzeb

LAHORE: Federal Finance Minister Muhammad Aurangzeb has said that the government had borne the burden of Rs69 billion to maintain...

Foreign investment in Pakistan increases, says Khurram Shehzad

ISLAMABAD: Rise in foreign investment in Pakistan is a proof that investors’ confidence is boosting, said Adviser to the Finance...

Pakistan extends sugar import tax relief until February 2026

ISLAMABAD: The government has decided to extend the duty and tax exemption on sugar imports, pushing the deadline to February...

Peshawar customs to auction cars, SUVs, trucks on March 25

PESHAWAR: Collectorate of Customs has announced a large-scale mega auction of vehicles scheduled to be held on March 25, 2026,...

Pakistan saves $27m in CASA-1000 talks in Sweden

ISLAMABAD: Pakistan has achieved a significant financial breakthrough in the CASA-1000 project, saving more than $27 million after successfully negotiating...

Govt considers keeping petrol, diesel prices unchanged till March 31 despite global surge

ISLAMABAD: The federal government is considering keeping petrol and high-speed diesel (HSD) prices unchanged until March 31 despite a rise...

LCCI terms additional air cargo charges illegal, harmful to exports

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) held an emergency press conference against the sudden increase in air cargo...

PNSC sustains energy lifeline during regional maritime tensions

KARACHI: Amid ongoing geopolitical tensions and disruption around the Strait of Hormuz, Pakistan National Shipping Corporation (PNSC) has ensured uninterrupted...

FBR proposes amendments to Customs Rules 2001, int’l shipment regulations

ISLAMABAD: The Federal Board of Revenue (FBR) has issued draft amendments to the Customs Rules 2001 and Pakistan’s international shipment...

Maritime minister announces major cut in port charges at KPT

KARACHI: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, has announced a major financial relief package at Karachi Port...

Govt likely to expand taxes on digital services

ISLAMABAD: As Pakistan moves towards Budget 2026-27, fresh tax ideas have been proposed to bring more sectors into the system....

Foreign firms repatriate $1.73b in profits from Pakistan in 8MFY26

KARACHI: Repatriation of profits and dividends by foreign investors increased 10.52% to $1.73 billion during the first eight months of...

FBR rolls out major relief for exporters under EFS

ISLAMABAD: The Federal Board of Revenue (FBR) has announced new relief measures under the Export Facilitation Scheme (EFS), aiming to...

NTC extends up to 19.04pc anti-dumping duty on Chinese steel, covers modified products

ISLAMABAD: The National Tariff Commission (NTC) has extended anti-dumping duties of up to 19.04% on imports of cold-rolled (CR) coils...

Govt moves to revise gold jewellery export valuation norms after industry concerns

ISLAMABAD: An inter-ministerial meeting has agreed to revise valuation rules for gold jewellery exports, proposing a shift from percentage-based value...

Pakistan strikes new oil and gas discovery amid global energy crisis