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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

ISLAMABAD: The Federal Board of Revenue (FBR) has dismissed a Customs inspector from service after disciplinary proceedings established that she...

The Supreme Court of Pakistan building in Islamabad, Pakistan, on Tuesday, April 5, 2022. To avoid losing a no-confidence vote in parliament, Pakistan leader Imran Khan instead triggered an unprecedented political crisis. Now the question is whether voters will reward him at the next election. Photographer: Asad Zaidi/Bloomberg via Getty Images

SC ruling shields old tax cases from new financial burdens

ISLAMABAD: The Supreme Court (SC) has ruled that new penalties cannot be imposed on tax cases that were finalised in...

Muhammad Ali Malik appointed SBP Deputy Governor for 5 years

KARACHI: The federal government has appointed Muhammad Ali Malik as Deputy Governor of the State Bank of Pakistan (SBP) for...

IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production

ISLAMABAD: The International Finance Corporation (IFC) has announced an investment of up to US$20 million in Pakistan’s leading plastic packaging...

Pakistan begins preparing FATF 2027 performance report

ISLAMABAD: Preparations for Pakistan’s 2027 Financial Action Task Force (FATF) report have begun, with the Karachi Desk starting to compile...

High powered Chinese business delegation explores bilateral trade & investment avenues at ICCI

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for taking Pakistan-China economic...

PRA adopts zero-tolerance policy for implementation of E-IMS

LAHORE: The Punjab Revenue Authority (PRA) has adopted a zero-tolerance policy for province-wide implementation of the Electronic Invoice Monitoring System...

FIA arrests three Customs officials in Rs2.5m bribery, extortion case

ISLAMABAD: The Federal Investigation Agency's (FIA) Anti-Corruption Circle Islamabad has arrested three Pakistan Customs officials for their alleged involvement in...

FBR fails to share tax data on Pakistan Tobacco Company & Philip Morris