More than 33,500 tax cases worth Rs. 4.7 trillion still pending in courts

ISLAMABAD: More than 3,522 tax-related cases valued at Rs. 4.7 trillion remain unresolved in courts and tribunals across the country. This was revealed...

PTA, Commerce Ministry ink MoU to strengthen digital ecosystem

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) and the Ministry of Commerce (MoC) signed a landmark MoU at PTA Headquarters to foster collaboration...

FBR okays entry of Azerbaijan registered vehicles transporting cargo into Pakistan

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday allowed entry of Azerbaijan’s registered vehicles transporting transit and bilateral trade cargo into Pakistan.  The...

FinMin stresses timely implementation of NEV policy

Federal Minister for Finance Senator Muhammad Aurangzeb chaired a meeting on the New Energy Vehicle (NEV) Policy 2025 at the Finance Division...

Ijara capital, Noventa Pharma secure majority stake in Searle Pakistan

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the acquisition of a 90.61 Percent shareholding in Searle Pakistan Limited...

SMEs can contribute 40-60% to exports with adequate banking support: Ahsan Iqbal

ISLAMABAD: Minister for Planning, Development and Special Initiatives (PD&SI) Professor Ahsan Iqbal on Thursday chaired a high-level meeting to discuss the implementation of...

Forex reserves increase to $16.45 bln

ISLAMABAD: The total liquid foreign reserves held by the country stood at US$ 16,450.9 million as of January 10, 2025, State Bank...

UAE rolls over of $2 billion loan to Pakistan: SBP

The United Arab Emirates (UAE) has confirmed the rollover of its two deposits of $1 billion each, the State Bank of Pakistan...

Govt approves sweeping overhaul of Ministry of Commerce entities under rightsizing drive

TCP to undergo strategic review, TDAP to focus only on trade access, Expo Centers to pursue self-sufficiency through PPPs, NTC and other entities to cut workforce by 30%

Saudi Development Fund to invest over $100 million in Pakistan’s mining infrastructure

Manara Minerals also considers an investment in Reko Diq mine, says Saudi Mining Minister Bandar Alkhorayef 

Cabinet approves restructuring of Ministry of Science and Technology, cutting workforce by 30%

Plan includes merging four institutions, abolishing six, and reducing staff-to-officer ratio; PCSIR, Standards and Quality Control Authority, Halal Authority and Pakistan Engineering Council also face right-sizing

Independent electricity market approved, govt to cease power purchases by March: Leghari

Consumers to buy electricity from multiple suppliers; no DISCO handed over to ISI, no plans to revisit slab system, clarifies power minister

Petrol prices up by Rs3.47, HSD’s by Rs2.61 per litre

ISLAMABAD: The federal government on Wednesday hiked the price of petrol by Rs3.47, taking the rate to Rs256.13 per litre. According to a...

Global risks 2025: WEF highlights challenges and opportunities for Pakistan

ISLAMABAD: The World Economic Forum (WEF) has released its Global Risks Report 2025, identifying critical challenges for Pakistan amid an increasingly complex...

Pakistan’s large-scale manufacturing shrinks by 1.25% in FY25’s first five months

Decline driven by weak performance in cement, steel, and electrical equipment sectors