SBP likely to cut policy rate again

KARACHI: In its upcoming monetary policy meeting scheduled for Friday, September 12, Pakistan's cent...

Youth skills key to climate change plan: Ajay Banga

FUNAFUTI. World Bank President Ajay Banga said on Friday that young people in the Pacific Island nat...

Minister demands accountability for neglected workers

KARACHI: Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh expressed his dissatisfaction wit...

SIFC pushes for LPG plant resumption

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed the Petroleum Division to...

Growing tea culture boosts trade with China

BEIJING: "Tea is an embedded part of our culture, joy, and conversations. One cannot take tea away f...

Govt urged to declareagriculture emergency

MULTAN: Pakistan Kissan Ittehad Chairman Khalid Khokhar has urged the government to declare an agric...

PSX remains range bound ahead of EFF approval

KARACHI: Pakistan Stock Exchange (PSX) remained range bound in the outgoing week as investors awaite...

Govt urged to tighten scrap import laws

LAHORE: In a significant legislative move to protect the environment, Pakistan has imposed a complet...

Board formed to improve economic planning

ISLAMABAD: The Ministry of Planning and the Planning Commission have constituted a high-level policy...

PIA buyers seek investment protection

ISLAMABAD: Local prospective buyers of Pakistan International Airlines (PIA) have demanded protectio...

SBP currency design competition: Shortlisted design sparks backlash on social media

The State Bank of Pakistan (SBP) recent announced the winners of a competition to design new currenc...

PIA bidders reject major conditions

ISLAMABAD: The potential buyers of Pakistan International Airlines (PIA) have refused to make the gu...

Weekly inflation dips to 3-year low

KARACHI: Pakistan's weekly inflation reading, called the Sensitive Price Indicator (SPI), hit a thre...

Rupee rises to Rs278.57 against dollar in inter-bank market

KARACHI: The Pakistani rupee appreciated by Rs0.10, reaching Rs278.57 against the US dollar in the i...

Halal meat industry faces growth hurdles

LAHORE: Pakistan's halal meat industry holds tremendous potential in the global market, yet industry...

Software house owners visit PTA

ISLAMABAD: A delegation of the Pakistan Software Houses Association (P@SHA) visited the Pakistan Tel...

Govt weighs offshore drilling reform

ISLAMABAD: The government is actively exploring two options to amend the offshore fiscal regime, aim...

Internet outages cost e-businesses 30% revenue

KARACHI: IT professionals are calling on the government to audit and upgrade Pakistan's national int...

Business leader calls for 10% interest rate, Rs25/unit electricity

LAHORE: SM Tanveer, Patron-in-Chief of the United Business Group (UBG) and a former provincial minis...

EVs to account for half of auto sales by 2030

KARACHI: Up to 50% of all vehicles bought in Pakistan by 2030 will be electrified in some form in li...

Profit-taking wipes out almost all gains at PSX

KARACHI: Pakistan Stock Exchange (PSX) on Friday ended with thin gains as investors resorted to prof...

FBR issues new rules for duty collection and payments on property purchase

ISLAMABAD: The Federal Board of Revenue (FBR) has isued excise duty on property purchases for develo...

Progress on Diamer Basha dam reviewed

LAHORE: Chairman WAPDA, Engr Lt Gen Sajjad Ghani (Retd), reviewed the construction progress of the D...

Stocks close flat amid range-bound trading

KARACHI: Pakistan Stock Exchange (PSX) displayed range-bound movement and closed flat on Thursday as...

Pakistani fruit, juice exports to China surge

Pakistan has witnessed a significant increase in its fruit and juice exports to China this year. Acc...

High taxes lead to 25.68% drop in cement sales

LAHORE: The unprecedented tax hikes on cement have led to a significant decline in demand, with ceme...

Officers suspended for valid refunds

ISLAMABAD: The federal government has suspended two tax officers for processing what appears to be a...

Chinese lenders agree on daily SOFR

ISLAMABAD: Chinese lenders to the independent power producers (IPPs) have refused to accept the Term...

Foreign exchange reserves reach 26-month high

KARACHI: Pakistan's foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $33 m...

Experts urge reforms in ports and shipping policies

KARACHI: Experts in Pakistan's blue economy believe that revitalising the maritime sector and adopti...