HeadlinesSenator warns of no relief in new budget, calls it a ‘standard-type’ plan
Levy will be applied, the public will pay for it, and this is how the budget’s deficit will be overcome, says Mandviwalla
May 28, 2025
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Headlines
HeadlinesGovt prioritises M6 motorway, seeks foreign funding for FY26 launch
Talks underway with Islamic Development Bank, Saudi Fund; Rs500bn in foreign financing proposed
May 28, 2025
HeadlinesNational Assembly committee reviews agriculture research impact, questions reported crop yield gains
Concerns raised over reliability of sugarcane productivity data and return on investment
May 28, 2025
HeadlinesRDA refers Rs1.94 billion financial scandal to NAB, FIA, and ACE for recovery
Retired officials held responsible as investigation uncovers major irregularities and suspicious transactions
May 28, 2025
HeadlinesOnly 1,000 of 18,000 NGOs registered in Pakistan, NA committee told
Standing Committee on Poverty Alleviation and Social Safety voices serious concerns over the risks posed by unregistered NGOs, describing them as a potential threat to national security and sensitive issues
May 28, 2025
HeadlinesKP’s Rs33 billion solar project flagged over pricing and tender flaws following massive Kohistan scandal
Project unit price remains high despite specification changes; KP Procurement Authority rules tender process flawed and non-transparent
May 28, 2025
HeadlinesFinance minister pushes for cashless economy with new digital payment measures
Government plans incentives and restrictions to reduce cash use and expand digital transactions
May 28, 2025
HeadlinesChina to refinance $3.7 billion in commercial loans to Pakistan
Loans will be denominated in Chinese currency as part of China’s drive to decouple from the US dollar, helping maintain Pakistan’s foreign exchange reserves
May 28, 2025
HeadlinesFBR proposes higher withholding tax on vehicles with engine capacity above 1300cc in 2025-26 budget
Proposed increase in tax rates aims to boost revenue collection in the new fiscal year
May 28, 2025
TechTexas requires Apple and Google to verify app store users’ ages
The law mandates parental consent for users under 18 to download apps or make in-app purchases
May 28, 2025
World Business NewsDollar rises as Japan bond yields fall and U.S. confidence improves
Dollar gains 1% to 144.28 yen, while the euro drops 0.46% to $1.1335
May 28, 2025
World Business NewsMusk delays Mars mission update, focuses on Starship test flight
The upcoming update from Musk is expected to include new timelines and plans for Mars missions
May 28, 2025