Pakistan’s brain drain costs economy $4.2 billion annually despite growing remittances: report
Skilled professionals' emigration leads to significant economic losses, masking the true cost of talent loss
Audit reveals at least 80 official vehicles missing from KP’s Livestock Department
Discrepancies found between official records and excise data; inquiry launched to trace missing vehicles
Govt to slash circular debt with Rs1,275 billion payment to IPPs this week: report
Payment will cover liabilities of Power Holding Limited (PHL) and power producers, reducing circular debt from Rs2.381 trillion to approximately Rs561 billion
Panel of top bureaucrats shortlisted for World Bank Executive Director position
Government finalises candidates for World Bank and ADB ED posts, awaiting Prime Minister’s approval
Parliamentary panel considers windfall tax on sugar millers amid price hike concerns
Government explores windfall tax, sugar imports to control prices and curb industry manipulation
Govt moves towards cashless economy with mandatory QR codes on utility bills
All electricity, phone, and gas bills to feature QR codes for digital payments; SBP sets targets for expanding digital transactions
PM Shehbaz approves development of digital ecosystem within FBR
The new system aims to centralize data and enhance tax monitoring for better economic decision-making
Govt clears construction of Balochistan Expressway sections, costing Rs415 billion
CDWP approves three sections of N-25; final approval pending after addressing queries on road alignment and land acquisition; project to be funded through Rs8 per liter levy on petrol and diesel
Pakistan says it’s close to US trade deal, Washington gives no timeline
"It's not going to be months, not even weeks, I would say just days," says Foreign Minister Ishaq Dar after meeting Secretary of State Marco Rubio in Washington
Pakistan to reform corporate laws, aiming to save $880 million annually
Board of Investment secures approval for reform package, including 136 changes, eliminating 41 redundant regulations and simplifying 75 others, focusing on digitisation and reducing inefficiencies
Pakistan approves first Skills Impact Bond to empower youth for economic development role
"Pay-for-Success" model will release public or donor funds based on independently verified results like job creation or income thresholds
Federal govt approves Rs72 billion housing subsidy for 50,000 units
Subsidy offers a 5% fixed interest rate for loans up to Rs2 million, and an 8% rate for loans between Rs2 million and Rs3.5 million for the first 10 years
Govt earns Rs 46.73 billion from scrap sale of defunct power plants
Scrap from 61 old units auctioned in two phases; employees reassigned to power distribution companies
BYD launches Pakistan’s first plug-in hybrid pickup, the Shark 6 PHEV, for Rs19.95 million
Hybrid-powered Shark 6 enters competitive pickup segment, offering premium comfort and dual-drive practicality
PSX closes higher by 514 points, driven by S&P rating upgrade and investor optimism
KSE-100 Index ends at 139,207.28, up 514.62 points (0.37%)