HeadlinesIMF flags Rs1 trillion shortfall in Pakistan’s tax target for FY26, urges new measures
Government must bridge Rs1 trillion revenue gap as tax target set at Rs14.3 trillion; enforcement expected to yield Rs400-600 billion amid past shortfalls and economic concerns
May 17, 2025
HeadlinesAfghan transit trade trucks cross into India via Wagah border despite heightened tensions
Five trucks carrying dry fruits from Afghanistan cleared for entry after a delay at the Wagah-Attari border due to diplomatic and security issues
May 17, 2025
HeadlinesNo new taxes on tobacco crop in KP, says law minister
Azam Nazeer Tarar assures National Assembly that farmers and landowners remain unaffected by regulatory changes; highlights major tax gap in tobacco sector
May 16, 2025
World Business NewsTrump wraps up Gulf tour with $1.4 trillion UAE investment pledge, landmark AI chip deal and energy boost
Abu Dhabi commits to $440 billion U.S. energy investments as UAE secures path to acquire advanced American AI semiconductors; Trump confirms major Syria policy shift and signals urgency over Iran talks
May 16, 2025
HeadlinesUN forecasts moderate growth for Pakistan amid global economic slowdown
World economy faces heightened trade tensions and policy uncertainty as Pakistan’s GDP is projected to grow by 2.3% in 2025 under IMF-backed reforms
May 16, 2025
EconomyIMF presses Pakistan for higher taxes, NFC rebalancing amid record salaried class burden
IMF narrows focus to tax hikes, NFC overhaul amid budget talks with Pakistan
May 16, 2025
World Business NewsOil prices rise for second straight week on U.S.-China trade optimism
Brent crude rises 0.65% to $64.95 a barrel, while U.S. West Texas Intermediate climbs 0.67% to $62.03
May 16, 2025
World Business NewsDollar heads for fourth weekly gain despite tariff-driven volatility
The dollar index slipped 0.05% to 100.73 but was still set for a 0.3% weekly rise after jumping 1.3% on Monday
May 16, 2025
EconomyPakistan’s Foreign Direct Investment drops 91% YoY to $25.75 million in April
April FDI plunges to 9-month low amid high outflows and weak investor sentiment
May 16, 2025
EconomyTextile exports rise 11% YoY in April, cross $14.4 billion in ten months
Knitwear weakens but bedwear and garments drive growth; textile exports cross $14.4bn in 10 months
May 16, 2025
TechIntel challenges €376 million EU antitrust fine over market exclusion practices
The dispute stems from a 2009 EU decision that fined Intel €1.06 billion for allegedly blocking rival AMD from the market
May 16, 2025
Real estateVietnam clears Trump Organization’s billion-dollar development plan
The 990-hectare (2,446-acre) project will feature golf courses, hotels, resorts, and residential developments
May 16, 2025