Pakistan Invites Japan to Co-Finance ML-1 Railway Project to Strengthen Infrastructure Partnership
Pakistan has formally invited the Japan International Cooperation Agency (JICA) to co-finance the Main Line-1 (ML-1) Railway Project, one of…
Category: Business
Sindh Drives 32% Surge in Pakistan’s Cotton Production Despite Slight Decline in Punjab
Pakistan’s cotton sector has recorded a strong start to the new harvesting season, with seed cotton (phutti) arrivals increasing by…
Pakistan Refineries Call for Immediate Signing of Upgrade Agreements to Avoid Further Financial Losses
Pakistan’s oil refining sector has once again urged the federal government to expedite the signing of the Upgrade and Escrow…
FBR Surpasses July Tax Target with Rs. 820 Billion Collection, Giving FY27 a Strong Start
Pakistan has kicked off the fiscal year 2026-27 on a positive financial note as the Federal Board of Revenue (FBR)…
FBR Announces Temporary IRIS System Shutdown from August 8 to August 10
The Federal Board of Revenue (FBR) has announced a temporary shutdown of its IRIS platform and allied online services due…
Pakistan Risks Losing $200 Million US Investment After Rock Salt Mining Lease Dispute
Pakistan could lose a proposed $200 million US investment in its mineral sector after a dispute over a major rock…
NEPRA Grants DESCO Pakistan’s First Combined Electricity Distribution and Solar Supply Licenses for DHA City Karachi
The National Electric Power Regulatory Authority (NEPRA) has awarded DHA Energy Supply Company (DESCO) electricity distribution and solar power supply…
PM Shehbaz Orders Immediate Shift to New AI Lab as Pakistan Accelerates Digital Transformation
Prime Minister Shehbaz Sharif has directed all federal institutions to immediately begin transitioning to Pakistan’s newly established national central data…
Power Sector Reforms Reduce Pakistan’s Circular Debt by Rs. 779 Billion
Pakistan’s Power Ministry has highlighted significant progress in reducing the country’s circular debt, stating that ongoing energy sector reforms have…
Pakistani Travelers Embrace QR Payments as Cash and Cards Take a Back Seat Abroad
International travel has long come with a familiar challenge for many Pakistanis: carrying large amounts of cash or relying on…
Business Community Criticizes SBP for Keeping Interest Rate at 11.5%
Pakistan’s business community has expressed strong disappointment after the State Bank of Pakistan (SBP) decided to keep the policy interest…
Pakistan to Honor Top Freelancers After They Generate $1.1 Billion in IT Exports During FY2025-26
Pakistan is set to recognize the achievements of its freelance workforce on a national level for the first time, as…
JS Bank Complaint Leads to FIR Against Four Southland Flour Mill Partners Over Alleged Rs. 100 Million Loan Default
A criminal case has been registered against four partners of M/s Southland Flour Mill after JS Bank Limited accused them…
Gold Prices Continue to Fall in Pakistan as Global Market Weakness Pushes Rates Lower
Gold prices in Pakistan extended their downward trend on Friday, providing some relief to buyers as domestic bullion rates dropped…
Oil Crosses $100 After Houthis Take Control of Red Sea Shipping Route
Global oil prices surged above the $100-per-barrel mark on Thursday as rising security concerns in the Red Sea created fresh…
Pakistan to Build First European-Standard Aircraft Maintenance Center at Islamabad Airport
Pakistan is preparing to strengthen its aviation infrastructure with the establishment of its first aircraft Maintenance, Repair, and Overhaul (MRO)…
CDA Gives Illegal Housing Scheme Another Chance After Rs. 7.36 Lakh Fine
The Capital Development Authority (CDA) has granted another opportunity to the management of Shaheen Town Phase-IV after de-sealing its office…
Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase
Gold prices in Pakistan continued their upward trend on Wednesday, rising for the fourth consecutive day amid another increase in…
Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets
Global oil prices climbed above $95 per barrel on Wednesday as escalating tensions between the United States and Iran sparked…