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ISLAMABAD: The Neelum-Jhelum Hydropower Project is unlikely to resume electricity generation before 2028, with repair work on the 979-megawatt facility...

Roshan Digital Account inflows rise 52pc to $282m in July

KARACHI: Investment inflows through Roshan Digital Accounts (RDAs) increased by 52% year-on-year to $282 million in July 2026, reflecting stronger...

SBP warns of major risks to Pakistan’s economy despite 4.5pc growth forecast

KARACHI: The State Bank of Pakistan (SBP) has projected that the country’s economic growth will remain between 3.5% and 4.5%...

PM orders three-year independent third-party audit of customs-bonded warehouses

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed relevant authorities to conduct a comprehensive third-party audit of customs bonded warehouses...

Pakistan prepares for IMF review as $1.2b disbursement expected

ISLAMABAD: Pakistan has begun preparations for talks with the International Monetary Fund (IMF) next month, with the country expected to...

Pakistan, Russia seek to deepen economic cooperation

ISLAMABAD: Pakistan and Russia are exploring expanded trade in agricultural machinery, fertilizers, pesticides and livestock vaccines, Pakistan’s government said as...

Pakistan, Japan ink grant agreement for human resource development

ISLAMABAD: Pakistan and Japan here on Tuesday signed a landmark Grant Agreement worth JPY 350 million (US$ 2.2 million) to...

Pakistan seeks greater US investment as reciprocal trade talks advance

KARACHI: Pakistan is seeking greater investment from US companies and financial institutions as it advances negotiations with Washington on a...

PM Shehbaz directs FBR to accelerate tax reforms

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to further accelerate the implementation of ongoing...

World Bank’s Rs115b Balochistan flood project restructured

QUETTA: The government has restructured a Rs. 115 billion World Bank-funded flood rehabilitation project in Balochistan amid allegations of mismanagement...

BoP set to issue Rs30b shares to Punjab govt in major equity move

LAHORE: The Bank of Punjab (BoP) has just announced a massive financial move. The bank plans to issue up to...

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Future belongs to entrepreneurs who embrace AI, biotechnology: President ICCI

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for a fundamental transformation in Pakistan’s...

SECP refers Blink Capital Management case to FIA over alleged Rs446.6m

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has referred the case of Blink Capital Management (Private) Limited to...

Supreme Court rejects PoS agents complaint against BISP over ID block

ISLAMABAD: The Supreme Court has ruled that a Point-of-Sale (PoS) agent cannot invoke consumer protection law to challenge the blocking...

Relationship between the USA and the Pakistan. Two flags of countries on heaven with sunset. 3D rendered illustration.

Pakistan’s trade surplus with US reaches $2.59b in FY2025-26

ISLAMABAD: Pakistan recorded a $2.59 billion trade surplus with the United States during fiscal year 2025-26, reflecting continued strong exports...

Pakistan plans to open new gateway for foreign oil suppliers

ISLAMABAD: Pakistan is set to open its petroleum storage sector to international oil suppliers through a customs-bonded framework that would...

Pakistan receives $3.63b in remittances in July 2026

KARACHI: Pakistan received $3.631 billion in remittances from overseas Pakistanis in July 2026, registering an increase of around 5% month-on-month...

FBR dismisses Customs inspector over prolonged unauthorised absence