ICCI leadership appreciates PM’s initiative to build a robust SME ecosystem

ISLAMABAD: The federal government has issued an emergency tender to procure a liquefied natural gas (LNG) cargo for delivery on...

World Bank delegation briefed on PRA reform agenda

LAHORE: A World Bank (WB) delegation led by Clelia Rontoyanni called on Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra...

Nepra raises electricity tariff by Rs0.34 per unit for consumers across Pakistan, including Karachi

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a Rs0.34 per unit increase in electricity tariffs for consumers...

Pakistan receives $41.6b in remittances during FY2025-26: SBP

KARACHI: Remittances from overseas Pakistanis increased by 8.6 per cent during the fiscal year 2025-26, according to the State Bank...

Maritime Task Force reforms boost customs efficiency, trade facilitation

ISLAMABAD: The Federal board of Revenue (FBR) on Thursday said sweeping reforms initiated under the Prime Minister's Maritime Task Force...

Pakistan eyes increasing SME financing to $5.4b by June 2028

KARACHI: Pakistan aims to increase financing for Small and Medium Enterprises (SMEs) to Rs1.5 trillion ($5.4 billion) and expand the...

IMF sees Pakistan’s growth at 3.5%, below government’s target

ISLAMABAD: The International Monetary Fund has projected Pakistan’s economy to grow at 3.5 per cent for the current fiscal year,...

HBL, UBL, Meezan Bank Among biggest winners from SBP’s new deposit rule

KARACHI: Several leading Pakistani banks are expected to benefit from the State Bank of Pakistan’s (SBP) latest revision to deposit...

ADB cuts Pakistan’s FY2027 growth forecast to 3.7pc amid ME crisis

ISLAMABAD: The Asian Development Bank (ADB) on Thursday revised down Pakistan’s economic growth forecast for fiscal year 2026-27 to 3.7%...

PIAF for continuation of remittance incentives for sustained forex inflows

LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) Chairman Faheemur Rehman Saigol, who is also President of the Lahore Chamber...

FTO praises FBR official for resolving taxpayer’s pending case

ISLAMABAD: The Federal Tax Ombudsman (FTO) has commended a senior Federal Board of Revenue (FBR) official for his swift intervention...

Aurangzeb reviews corporate, capital market reforms at SECP

ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb visited the headquarters of the Securities and Exchange Commission of Pakistan (SECP), where he...

Pakistan Customs registers 201 IPR forfeiture cases in FY2025-26

KARACHI: Pakistan Customs' Directorate General of Intellectual Property Rights Enforcement (IPRE) registered 201 Intellectual Property Rights (IPR) forfeiture and seizure...

Cargo plane travelling from Sharjah to Karachi crashes into sea with five on board

KARACHI: A cargo plane that took off from Sharjah crashed into the sea after disappearing from radar off the coast...

SRB achieves record Rs370.06b revenue in FY2025-26 with 20.17pc growth