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SBP spends Rs29.6b on currency note printing in FY26
KARACHI: The State Bank of Pakistan (SBP) spent Rs. 29.6 billion on printing currency notes during fiscal year 2025-26, an...
New Zealand keen to explore cooperation with Pakistan in agri-tech
ISLAMABAD: New Zealand has expressed keen interest in exploring opportunities for cooperation with Pakistan in various sectors, particularly agri-tech. This...
Active digital payment merchants rise to 2.03 million: Kiyani
ISLAMABAD: The active merchants using digital payments in Pakistan have surged to 2.03 million from just 0.5 million, already exceeding...
SMEDA, PMYP sign MoU to expand financial, business support for youth
ISLAMABAD: The Small and Medium Enterprises Development Authority (SMEDA) and the Prime Minister’s Youth Programme (PMYP) on Thursday signed a...
FBR grants major super tax relief to exporters, cuts top rate to 8pc
ISLAMABAD: The Federal Board of Revenue (FBR) has announced significant changes to income tax rules, providing super tax relief to...
Jam Kamal highlights Pakistan’s strategic role in regional connectivity at Belt and Road Summit
HONG KONG: Federal Minister for Commerce Jam Kamal Khan, addressing the 11th Belt and Road Summit in Hong Kong, reaffirmed...
Pakistan receives much-needed LNG as Qatari cargo docks at Karachi port
KARACHI: Pakistan on Thursday received a boost to its LNG supplies after a Qatari cargo carrying 81,936 metric tonnes of...
New law lets SBP build central hub for bank account data
KARACHI: The State Bank of Pakistan (SBP) has been empowered to build and operate a centralised virtual data repository that...
Goods transporters announce 5pc increase in freight charges amid petrol price hike
LAHORE: The Goods and Transport Association of Pakistan has announced a 5% increase in freight fares following the government’s decision...
FBR redraws enforcement map to crackdown on illicit money flows
ISLAMABAD: The Federal Board of Revenue (FBR) has overhauled how it monitors non-financial businesses and professions for money laundering and...
FBR mandates 5pc tax on social media influencers & content creators
ISLAMABAD: The Federal Board of Revenue (FBR) is officially taxing digital income. Consequently, the FBR will enforce a 5% Withholding...
No more office visits: MCI digitises business licences
ISLAMABAD: Metropolitan Corporation Islamabad (MCI) has fully digitised its municipal licence services, eliminating manual processing and allowing applicants to secure...
Pakistan receives $3.66b in workers remittances in August: Khurram Schehzad
KARACHI: Pakistan received $3.66 billion in workers’ remittances in August 2026, registering a 16.5% increase year-on-year, data from the State...
FBR offers unprecedently liberal tax facility to small traders
KARACHI: Member Inland Revenue (IR) Zubair Bilal has described the Aasan Tax Return Filing facility as one of the most...
Govt pushes business facilitation reforms to boost investment, exports: Qaiser
ISLAMABAD: Federal Minister for Board of Investment (BOI) Qaiser Ahmed Sheikh on Wednesday said the government was taking required steps...
FBR directs banks to digitally share data on high-value accounts
ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for banks and other financial institutions to electronically provide...
Pakistan better positioned to handle Middle East war impact: Moody’s
ISLAMABAD: Pakistan is in a stronger position to withstand the economic impact of the ongoing Middle East war than it...
World Bank flags Pakistan’s $69m digital economy enhancement project
ISLAMABAD: The World Bank recently flagged significant implementation gaps in Pakistan’s Digital Economy Enhancement Project (DEEP). According to newly reviewed...
NEPRA sets uniform grid charges for open access electricity consumers
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued its decision to introduce uniform grid charges for open access...
Qatari LNG tanker crosses Strait of Hormuz, heads to Pakistan’s Port Qasim
SINGAPORE: The Al Marrouna LNG tanker has crossed the Strait of Hormuz and is heading towards Pakistan’s Port Qasim, marking...
