French ambassador, PIA management discuss cooperation

RAWALPINDI: Nosherwan Khalil Khan was sworn in as President RCCI, while Waseem Aslam assumed charge as Senior Vice President and...

Pakistan-IMF review talks to conclude this week for 5th loan tranche

Pakistan and the International Monetary Fund (IMF) are expected to conclude review talks this week for the release of the...

Customs JIAP foils bid to smuggle Rs11.8m foreign currency to Dubai

KARACHI: Collectorate of Customs Jinnah International Airport officials have seized foreign currency worth more than Rs11.8 million from a woman...

SBP calls for better insurance, warehousing to boost farm lending

LAHORE: Inadequate insurance coverage, lack of accredited warehouses and limited access to finance are the three major constraints hindering lending...

FBR mandates use of authorized vendors for production monitoring systems

ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for manufacturers of specified taxable goods to procure and...

Jet fuel price rises more than Rs9 per litre in three days

LAHORE: The price of jet fuel has increased by more than Rs9 per litre over the past three days, pushing...

Citizens, businessmen welcome FBR tax return filing extension

RAWALPINDI: Citizens, business owners, and commercial trade associations across Rawalpindi welcomed the Federal Board of Revenue’s decision to extend the...

Pakistan’s 1LINK expects over 12 billion transactions worth nearly Rs90 trillion in 2026

KARACHI: Pakistan’s 1LINK expects transaction volumes across its payment rails to exceed 12 billion in 2026, with total throughput approaching...

Pakistan secures additional 70,000-tonne rice exports to Malaysia for Oct-Dec 2026

ISLAMABAD: Pakistan has secured arrangements to export an additional 70,000 metric tonnes of rice to Malaysia between October and December...

Cement Sales Rise 7% in September 2026

ISLAMABAD: Pakistan’s cement dispatches increased by 5.95% year-on-year to 4.621 million tons in September 2026, driven mainly by stronger domestic...

Pakistan plans to import 26 LNG cargoes for winter

KARACHI: The government plans to procure 25 to 26 LNG cargoes from November to February to meet increased gas demand...

Islamabad Customs seizes Rs5.41b narcotics consignment near M-2

ISLAMABAD: Collectorate of Customs Enforcement has seized narcotics and other items worth approximately Rs5.41 billion during an intelligence-based operation near...

Atif Ikram calls for joint strategy to expand share of Asia-Pacific in global textile trade

KARACHI: President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Atif Ikram Sheikh called for a joint Asia-Pacific strategy...

KPRA collects Rs13.123bn from Sales Tax on Services & IDC in first quarter of FY 2026-27

PESHAWAR: Advisor to KP CM on Finance Muzzammil Aslam has said that the Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a...

SBP launches second cohort of sandbox

KARACHI: The State Bank announced on Friday that it was launch ing the second cohort of the Regulatory Sandbox. “It...

Pakistan amends SOE policy as IMF-linked reforms advance

ISLAMABAD: The federal government has taken another step under its IMF programme by amending the 2023 State-Owned Enterprises (SOEs) Ownership...

IMF recommends higher taxes on hybrid vehicles in Pakistan