SBP cracks down on exchange companies, cancels licenses over regulatory violations

ISLAMABAD: The Committee to Monitor Petrol Prices met to review the energy supply situation and assess developments in global oil...

Intelligence Bureau to audit official vehicles as govt tightens austerity measures

ISLAMABAD: The government’s austerity campaign appears to be entering a stricter phase, with fresh oversight measures now in motion. According...

CCP recovers Rs40m after major pharma distribution monopoly exposed

ISLAMABAD: The Competition Commission of Pakistan has successfully recovered Rs40 million in penalties from United Distributors Pakistan Limited (UDPL) and...

Govt plans mobile app-based fuel quota for motorcyclists, rickshaws

LAHORE: The government is planning a new fuel quota system for two- and three-wheelers, including motorcycles and rickshaws, to make...

US, China, UK remain top 3 destinations of Pakistani exports in 8 months

KARACHI: The United States (US) remained the top export destination of Pakistani products during the first eight months of the...

Saudi importers keen on Pakistan’s diverse food products

LAHORE: Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman has said that Saudi food importers had shown keen interest in...

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

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has expressed concern that a prolonged conflict in the Middle East...

China’s 15th Five-Year Plan signals 4.5-5pc growth while expanding Pakistan partnership

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