Breaking News

LAHORE: Thousands of judicial officers across Punjab are set to get unexpected benefit after Lahore High Court approved scheme allowing...

Pakistan Advances Digital Payments with Co-Badged Debit Card

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has welcomed the introduction of the HBL, UnionPay International and PayPak...

Pakistan buys another spot LNG cargo for July at highest price this month

KARACHI: Pakistan has purchased another spot liquefied natural gas (LNG) cargo for July after Pakistan LNG Limited (PLL) approved the...

Pakistan, Turkiye make progress on investment and industrial cooperation

ISLAMABAD: Significant progress has been made in promoting investment and industrial cooperation between Pakistan and Türkiye during the Pakistan-Türkiye Business...

Implementation of $20bn Pak-China investment deal underway

ISLAMABAD: Finance Minister Muhammad Aurangzeb met with Pakistan’s Ambassador to China Khalil Hashmi, during which detailed discussions were held on...

Finance Minister, British High Commissioner discuss reforms agenda, economic cooperation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held talks with British High Commissioner, Jane Marriott on Pakistan’s...

Pakistan imports mobile phones worth Rs530b in FY2025-26

ISLAMABAD: Mobile phone imports surge more than 27% year-on-year, reflecting rising consumer demand and higher spending on smartphones Pakistan imported...

Pakistan’s first donkey meat export to China to woo fresh investment

LAHORE: Pakistan’s first export of donkey meat to China from the Gwadar Free Zone opened a new avenue for livestock...

OICCI asks FBR to clear Rs103b in pending tax refunds

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has asked the Federal Board of Revenue (FBR) to accelerate...

Sindh announces Keti Bandar Port & AI Data Centres to boost foreign investment

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has announced an ambitious investment agenda aimed at strengthening the province’s economic...

PIA buyers receive Rs14.2b in properties under privatisation deal

ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...

Ship recycling resumes at Gadani after eight-year hiatus

KARACHI: Ship recycling operations have resumed at Pakistan’s Gadani Ship Breaking Yard after an eight-year hiatus, with seven vessels now...

PM Shehbaz directs FBR to provide all possible facilities to business community

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday said the business community was the backbone of the national economy and should...

Govt considers daily fuel price revision mechanism

ISLAMABAD: The government is considering introducing a daily petroleum price adjustment mechanism that would shift the responsibility for setting fuel...

Govt moves to simplify bank financing for SMEs across Pakistan

KARACHI: Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan chaired a consultative meeting to...

Direct taxes to make up half of Pakistan’s tax collection in FY27

ISLAMABAD: Direct taxes are expected to contribute around 50 percent of Pakistan’s total tax collection during fiscal year 2026-27, according...

FBR unveils fixed tax scheme for small traders

ISLAMABAD: The Federal Board of Revenue (FBR) has issued the framework for a fixed tax scheme for small traders, allowing...

Minister seeks UNDP support for Pakistan’s development, climate resilience

UNITED NATIONS: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal met on Tuesday with United Nations Development Programme...

IHC approves Telenor Pakistan-Ufone merger