Banks refund Rs1.2b to customers in nine months FY26

LAHORE: Punjab Revenue Authority (PRA) here Monday decided to further strengthen its Vigilance Wing alongside digital monitoring to curb tax...

LCCI, NAB resolve to join hands against corruption to promote investment

LAHORE: National Accountability Bureau (NAB) and Lahore Chamber of Commerce and Industry (LCCI) have resolved to strengthen institutional cooperation against...

First shipment of imported wheat to reach Karachi by end of October

KARACHI: The first consignment of imported wheat is expected to arrive at Karachi Port before the end of October as...

SFD reaffirms continued support to Pakistan for its funded projects within mandate

ISLAMABAD: The Saudi Fund for Development (SFD) has reaffirmed its continued support to Pakistan for its funded projects within mandate....

IMF raises Pakistan’s inflation forecast to 9.9pc for FY2026-27

ISLAMABAD: The International Monetary Fund (IMF) has projected Pakistan’s inflation rate to rise to 9.9% in the 2026-27 fiscal year,...

FBR moves to provide tax relief for salaried class in Pakistan

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has reportedly taken notice of advance income tax notices issued...

Govt retires Rs2.31 trillion in bank borrowing in first quarter of FY2027

KARACHI: The federal government significantly reduced its reliance on bank financing during July–September, while private-sector credit demand remained subdued, according...

Pakistan seeks IFC support for mining infrastructure & private-sector investment

BANGKOK: Pakistan has discussed expanding International Finance Corporation (IFC) support for Reko Diq, mining infrastructure, affordable housing, agriculture and other...

RCCI chief urges diplomats, business leaders to convert linkages into trade, investment

RAWALPINDI: President of the Rawalpindi Chamber of Commerce & Industry (RCCI), Nosherwan Khalil Khan called on diplomatic missions and international...

Torkham border closure causes up to Rs400b in trade losses as thousands lose livelihoods, traders say

PESHAWAR: The year-long closure of the Torkham border crossing since October 2026 has caused estimated economic losses of Rs380 billion...

NCCIA arrests Soneri Bank Operations Manager over alleged sale of customer data

LAHORE: The National Cyber Crime Investigation Agency (NCCIA) has reportedly arrested Imran Ashraf, an operations manager at Soneri Bank, over...

World Bank proposes $200m to improve KP health & education

PESHAWAR: The World Bank has proposed USD 200 million in financing for Khyber Pakhtunkhwa (KP) to broaden its tax base...

SBP profits drop 20pc, but governor salaries skyrocket by 94pc

KARACHI: The State Bank of Pakistan (SBP) just released its annual financial statements for the fiscal year 2025-26. The numbers...

PM Shehbaz sets Dec deadline for FBR tax monitoring system

ISLAMABAD: Prime Minister Shehbaz Sharif has called for an effective sales tax collection mechanism across all segments of Pakistan’s manufacturing...

Pakistan trade delegation visits Romania’s largest dairy farm

ISLAMABAD: The Pakistan-Romania Business Council (PRBC) arranged for a trade delegation from Pakistan to visit Romania’s biggest milk-producing farm close...

Pakistan sees growth above 4pc, looks to raise more than $1b from privatisation

BANGKOK: Pakistan's economy is expected to grow by more than 4% this fiscal year despite elevated oil prices, as the...

Chinese Shengtang Group explores $10m investment in Pakistan

ISLAMABAD: China’s Shengtang Group is exploring a $10 million investment opportunity in Pakistan, with potential cooperation in industrial development, electric...

Pakistan faces challenges to expand public services as Oxfam warns of rising inequality in Asia

10/10/2026

ISLAMABAD: Pakistan faces growing challenges in ensuring access to healthcare, education, and social protection as governments across Asia continue to...

FBR moves to prevent misuse of duty-free chemical imports under Export Facilitation Scheme