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LAHORE: The Oil and Gas Regulatory Authority (OGRA), in coordination with the local administration, sealed two liquefied petroleum gas (LPG)...

Alvarez & Marsal keen to invest in Pakistan

ISLAMABAD: The global professional services firm Alvarez & Marsal here on Wednesday expressed strong commitment to investing in Pakistan, highlighting...

Reforms take effect, Pakistan’s economy to grow 2.5pc in FY2025: ADB

ISLAMABAD: Pakistan’s economy is showing signs of stability and recovery with growth in FY2025 (ending 30 June 2026), as the...

Finance ministry faces challenge of filling two critical positions ahead of budget

ISLAMABAD: The Ministry of Finance is facing the challenge of filling two critical positions after Dr. Imtiaz Ahmad’s appointment as...

FBR terminates Inspector Arshad Ali Nasir due to unauthorized absence

byQaisar Mansoor

ISLAMABAD: Federal Board of Revenue (FBR) has imposed a major penalty of removal from service on Arshad Ali Nasir, an...

Pakistan, ECO discuss regional economic cooperation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb and Secretary General of the Economic Cooperation Organisation (ECO), Dr....

IGI withdraws acquisition bid for 40.63pc stake in Mitchell’s Fruit Farms

KARACHI: IGI Investments (Private) Limited has formally withdrawn its public announcement of intention (PAI) to acquire a 40.63% stake in...

Ethiopian Embassy, ICCI to host business forum ahead of Addis Ababa exhibition

ISLAMABAD: The Ethiopian Embassy in Islamabad and the Islamabad Chamber of Commerce & Industry (ICCI) have announced plans to host...

Senate body to address issue of 600 Pakistani trucks stranded at Iran border

KARACHI: The Senate Standing Committee on Finance and the Senate Standing Committee on Commerce have decided to convene a joint...

Army to ensure robust security for investors in mineral sector: COAS

ISLAMABAD: Chief of the Army Staff (COAS) General Asim Munir assured both local and international investors that the Pakistan Army...

Customs foil smuggling bid at AIIA, seize high-end mobile phones worth millions

LAHORE: Customs officials deputed at Allama Iqbal International Airport (AIIA) carried out a major operation last night, thwarting an attempt...

PIA reports rare profit ahead of privatization, trims losses after major restructuring

KARACHI: Pakistan International Airlines (PIA), operating under the recently created PIA Holding Company, has posted its first annual profit in...

Pakistan can say goodbye to IMF by utilising mineral wealth: PM

ISLAMABAD: The Pakistan Minerals Investment Forum 2025 kicked off in Islamabad with a grand opening ceremony attended by Prime Minister...

Karachi MTO seals Divago outlet due to POS violation

KARACHI: The Medium Tax Office (MTO Karachi) has sealed an outlet of Divago, a prominent pharmacy chain in Pakistan, due...

Maritime, energy sectors’ reforms to boost trade, unlock Pakistan’s potential: PM

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has said that the reforms in maritime and energy sectors would boost trade, reduce...

FBR to use geo-tagging for surveys in major cities to bring retailers, wholesalers into tax net

ISLAMABAD: The Federal Board of Revenue (FBR) is preparing to conduct surveys in three major cities using geo-tagging technology to...

Govt to withdraw 18pc sales tax on local cotton, yarn & grey cloth

ISLAMABAD: The federal government has agreed, in principle, to remove the 18% sales tax on locally sold cotton, cotton yarn,...

ECC approves technical supplementary grants for various projects

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday approved Technical Supplementary Grants (TSGs) for various projects. The...

PSX halts trading for 60 minutes after tumbling over 6200 points