HeadlinesCabinet committee rejects commercial agreement between Pakistan Railways and DP World, seeks domestic financing alternatives
CCOIGCT directs Railways Division to explore local financing options for freight corridor project, considering public-private partnerships and collaboration with KPT
Aug 5, 2025
HeadlinesGovernment to allocate Rs30 billion for remittance subsidies after finance ministry’s budgetary oversight
Finance ministry to fund Pakistan Remittances Initiative from contingency fund, with further allocations to follow during fiscal year
Aug 5, 2025
HeadlinesFinancial mismanagement exceeding Rs3 billion found in Ministry of Aviation, PCAA , and ASF
Rs 2.3 billion of financial shortfall due to PCAA’s failure to recover long-standing dues; Audit reveals irregular contract awards, and poor financial controls across aviation sector
Aug 5, 2025
HeadlinesMinistry approves first international ferry service to connect Pakistan with GCC and Iran
Sea Keepers granted ferry service licence, opening new sea routes for regional connectivity and religious tourism
Aug 4, 2025
HeadlinesAlkhidmat sends 28th aid shipment to Gaza as humanitarian crisis worsens
Alkhidmat Foundation's 28th consignment of 100 tons of essential supplies reaches Gaza amid worsening conditions
Aug 4, 2025
World Business NewsAnt Group to exit Paytm with $433.72 million stake sale
Ant Group will sell its remaining 5.84% stake in Paytm, with block deals expected to raise 38 billion rupees
Aug 4, 2025
HeadlinesBangladesh seeks closer trade ties with Pakistan for energy, raw materials
Bangladesh looks to Pakistan for coal, limestone, and enhanced bilateral trade cooperation, following discussions between officials
Aug 4, 2025
HeadlinesGovernment prioritizes ML-1 railway corridor, digitalization in Pakistan Railways
Minister for Railways, Muhammad Hanif Abbasi, outlines ongoing efforts to modernise Pakistan Railways, including ML-1 corridor development and digital initiatives
Aug 4, 2025
HeadlinesPakistan issues new tender for 100,000 metric tons of sugar amid rising domestic prices
Trading Corporation of Pakistan seeks international bids for white refined sugar after no offers were received in previous tender; deadline for bids is August 11
Aug 4, 2025
HeadlinesElectricity price in Pakistan to rise by 25% over next 8 years, says power division forecast
Average tariff expected to hit Rs29.70/unit by 2034 due to currency devaluation, impacting industrial competitiveness and consumer costs; shift towards cleaner energy sources may help reduce price pressures
Aug 4, 2025
HeadlinesFinance ministry develops cashless payment system for govt entities to enhance transparency
Sub-committee holds discussions with relevant ministries; Government to Person and Person to Government transactions in state-owned entities to be digitized
Aug 4, 2025
HeadlinesPakistan to develop two large-scale solar power projects in Jhang, Muzaffargarh with help of Saudi energy company
Government aims to attract foreign investment for renewable energy, with inclusion of 2,800 MW solar projects in Indicative Generation Capacity Expansion Plan
Aug 4, 2025