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KARACHI: Pakistan’s merchandise exports declined by nearly $2 billion during fiscal year 2025-26 (FY2026), but strong growth in information technology...

Pakistan pays double for Spot LNG cargo amid Qatar supply disruption

byQaisar Mansoor

KARACHI: Pakistan has purchased another liquefied natural gas (LNG) cargo from the international spot market as supplies from its main...

Turkey opposes Pakistan’s penalty on its soda ash exports

ISTANBUL: Turkey said the proposed duties on its soda ash exports to Pakistan are based on an inflated profit margin....

World Bank urges Pakistan to cut expenses, reform resource distribution

ISLAMABAD: The World Bank has urged Pakistan to reduce unnecessary federal expenses and reform the way financial resources are distributed...

CCTV cameras mandatory for all shops within one month

FAISALABAD:The City Police have made the installation of Closed-Circuit Television (CCTV) cameras mandatory for all commercial establishments and directed the...

PM Shehbaz sets FBR revenue target above Rs15 trillion for FY2026-27

ISLAMABAD: Prime Minister Shehbaz Sharif has set a revenue collection target of more than Rs15 trillion for the Federal Board...

Petrol, diesel prices cut by Rs1.97 per litre each

ISLAMABAD: The Petroleum Division has issued a notification confirming the revision in fuel rates. The new price of petrol has...

Salaried class stayed the biggest taxpayers despite tax cuts

ISLAMABAD: Pakistan salaried workers paid an estimated Rs630 billion in income tax during fiscal year 2025-26, exceeding the real estate...

PM Shehbaz hails FBR for surpassing historic revenue target

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Thursday lauded senior officers of the Federal Board of Revenue (FBR) for surpassing...

Pakistan invites Turkish investment in maritime sector at Istanbul summit

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has said that green shipping, resilient supply chains, the blue...

Govt working to resolve traders’ issues, says Aurangzeb

ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb said the government is engaging with major chambers of commerce across the country to...

Islamabad High Court blocks NHA notification on toll fees

ISLAMABAD: Islamabad High Court (IHC) has stopped the National Highway Authority (NHA) from charging additional toll tax on citizens using...

Pakistan’s GDP growth for FY26 to remain above govt estimate: SBP governor

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday projected that the country’s economic growth will be higher...

Empowering teachers with 21st Century skills vital to build Pak’s future: ICCI President