Accreditation of HWT plants suspended for exporting untreated mangoes to Iran

ISLAMABAD: In a groundbreaking development with far-reaching implications for mango exports from Pakistan to Iran, the Department of Plant Protection (DPP), a...

Steel sector continues to grumble

The PALSP has raised alarms over the authorities' lack of effective measures to counter the menace of smuggling.
Medicines

More than 120 life-saving medicines vanish from Lahore pharmacies

There seems to be no end in sight for patients in the provincial capital as vital meds for diabetes, heart conditions, and liver disease among 120 that are unavailable. 

US and China agree to export control information dialogue

The United States and China have agreed to launch an export control enforcement information dialogue and a new formal working group on...

How Creek Marina went from being the next big thing in real estate to 19 acres of nothing

The controversial project, once positioned to be the jewel in Karachi’s skyline, faces accusations of being a vehicle for money laundering

Lahore’s Spanish Inquisition

Lahore has been flooded with Spanish style architecture. But what does that mean for the real estate market?

Caretaker health minister orders DRAP to promptly deal with artificial drug shortages 

Caretaker health minister Nadeem Jan directs the Drug Regulatory Authority of Pakistan to speed up work on curtailing the artificial shortage of medicine in the market. 

General Tyres accused of evading mandatory PSQCA registration since 2016

GTR directed to immediately halt all operations involving the manufacturing, sale, and storage of tyres

Illicit cigarettes poised to outpace legitimate market share in Pakistan, industry player cautions

ISLAMABAD: With illicit cigarettes, both smuggled and counterfeit, having already secured over 40 percent of the market, industry insiders are sounding the...

Cement sector finally implements Track and Trace System

Real-time production monitoring with the system to ensure accurate tax assessment

Hit by taxation, Philip Morris faces 10.89% decline in sales

The decline comes after a massive increase in prices because of added taxation. 

Pakistan’s Large Scale Industry witnesses 10.26% overall decline in FY23

Import curbs, devaluation of Rupee, monetary tightening and economic slowdown serve as the main reasons

USD reaches above Rs300 in open market amid Rupee’s decline

ISLAMABAD: On Tuesday, the Pakistani rupee experienced a decline of Rs2.78 against the US dollar in interbank trading.  According to the Exchange Companies...

Oil Dips Amidst Concerns About China’s Faltering Economic Recovery

HOUSTON: Oil prices dipped on Monday as concerns about China’s faltering economic recovery and a stronger dollar took the momentum out of...

Just how undervalued is the PSX right now?

Even though the market has breached the 49,000 psychological barrier, is the real rally still pending?