Govt likely to ban import of 3-year-old used cars by expats to curb misuse, hawala transactions

30/10/2025

KARACHI: The International Monetary Fund (IMF) is expected to hold its board meeting by December 2025 to approve the release...

Govt mulls imposing flood levy to rebuild flood-affected areas

30/10/2025

ISLAMABAD: The federal government is considering the imposition of a flood levy to help rebuild flood-affected areas, with the International...

CDNS achieves Rs350 savings inflows by October 27 , FY 25-26

30/10/2025

KARACHI: The Central Directorate of National Savings (CDNS) has achieved a target of Rs 350 billion in savings inflows of the...

CCP approves PEL’s acquisition of stakes in PKP Group Companies

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved three separate merger applications submitted by Petroleum Exploration (Private) Limited (PEL) for...

Smuggling attempt of 25 kg silver foiled

KARACHI: Collectorate of Customs Enforcement seized 25 kilograms of silver, valued at approximately PKR 12 million, from a passenger bus intercepted at...

$250m approved for Glacial Melt Adaptation Plan

LAHORE: The Green Climate Fund (GCF) has approved $250 million for Glaciers to Farms—a flagship adaptation program led by the...

73pc foreign investors view Pakistan as viable FDI destination: OICCI survey

ISLAMABAD: The latest survey by the Overseas Investors Chamber of Commerce and Industry (OICCI) revealed that 73 per cent of its...

Pakistan receives first-ever US crude oil cargo at Cnergyico Port

QUETTA: Pakistan achieved a major milestone in its energy and trade history on Tuesday as Cnergyico Pk Limited received the...

Bangladeshi delegation visits FTO Secretariat, expresses desire to follow Pakistan’s Ombudsman model

ISLAMABAD: A delegation of Bangladesh has visited the Federal Tax Ombudsman (FTO) Secretariat to study Pakistan’s Ombudsman model and explore avenues...

Ali Pervez Malik holds key meetings in Bangladesh to boost bilateral cooperation

DHAKA: Federal Minister for Petroleum Ali Pervez Malik held a series of high-level meetings in Dhaka with senior Bangladeshi officials to...

Pakistan and China join hands for Quantum Technology under SIFC

ISLAMABAD: Pakistan is moving forward on the tech highway with China as the two countries signed a memorandum of understanding...

Pakistan Customs foils major silver smuggling attempts across multiple regions

KARACHI: Pakistan Customs has foiled major silver smuggling attempts across multiple regions to curtail the illegal trade. In a series of...

Revival of Silk Route to boost Pakistan-Uzbekistan trade: minister

ISLAMABAD: Minister of State for Culture and National Heritage Huzaifa Rehman has said revival of the old “Silk Route” will play a...

FBR refutes reports on system vulnerability

ISLAMABAD:The Federal Board of Revenue (FBR) categorically refuted reports circulating in print and electronic media outlets regarding the alleged vulnerability...

SBP raises foreign exchange reserves forecast for FY26 to $17.8b

KARACHI: The State Bank of Pakistan (SBP) has increased its foreign exchange reserves forecast for fiscal year 2026 to $17.8...

No fuel shortage in Pakistan, clarifies Ogra

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Tuesday dismissed reports of a fuel shortage in the country, confirming...

Pakistan may delay gas imports as demand declines, LNG surplus expected beyond 2031: report

LAHORE: Pakistan is reassessing its gas import strategy as a new study projects a decline in demand despite the country’s...

Pakistan offers Bangladesh use of Karachi Port for trade

DHAKA: Pakistan has offered Bangladesh the use of Karachi Port to facilitate its trade with regional countries, including China and...

Pakistan, Saudi Arabia announce new economic framework to deepen ties