The Capital Development Authority (CDA) has received bids from 13 construction firms for a major road project in Islamabad valued at Rs. 3.58 billion. The development comes after the authority relaxed its previously strict eligibility criteria for road contracts. The project involves constructing a 2.7-kilometer stretch of Margalla Avenue, designed to connect it with the […]
Pakistan’s manufacturing sector is teetering on the edge, with persistently high energy costs, expensive credit, and heavy taxation raising alarms among business leaders. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to declare an industrial emergency to prevent further decline. FPCCI President Atif Ikram Sheikh highlighted the challenges, noting […]
Pakistan’s passport recently became a subject of public discussion after Interior Minister Mohsin Naqvi stated on social media that its global ranking had improved dramatically, jumping from 126th to 98th. The statement was widely shared and amplified by several news outlets, creating the impression that Pakistani passport holders now enjoy significantly better global mobility. However, […]
The Pakistan Telecommunication Authority (PTA) has announced comprehensive service rules for telecom operators preparing to participate in Pakistan’s upcoming 5G spectrum auction, scheduled for the end of February 2026. These regulations aim to ensure that the rollout of next-generation mobile services is safe, reliable, and equitable for all users. The rules, outlined in the Information […]
The Senate Standing Committee on Information Technology and Telecom, led by Senator Palwasha Khan, convened a meeting to address pressing issues including illegal call centers, the Federal Investigation Agency’s (FIA) performance, and the protection of citizens’ data. During the session, FIA officials reported that 13 suspects have been named in FIRs linked to illegal call […]
The Pakistan Stock Exchange (PSX) closed at a new all-time high on Tuesday, with the benchmark KSE-100 index decisively crossing the historic 185,000 milestone after a powerful bullish session. The index gained more than 2,600 points by the close, reflecting strong investor confidence and sustained buying interest across key sectors. During intraday trading, the market […]
Lahore is set to welcome a unique addition to its dining and leisure scene as the city’s first floating restaurant is expected to open later this year. Officials associated with the project have confirmed that construction has entered its final phase, bringing the long-anticipated waterfront attraction closer to reality. The three-storey floating restaurant is being […]
Islamabad: Minister for Petroleum Ali Pervaiz Malik met with Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki today to discuss strengthened cooperation in the energy and mineral sectors between the two countries. The meeting focused on enhancing bilateral ties and exploring investment opportunities in Pakistan’s mineral resources. During the discussion, Minister Malik confirmed that Pakistan […]
Pakistan’s manufacturing sector closed 2025 on a positive note as the HBL Pakistan Manufacturing Purchasing Managers’ Index (PMI) rose to a 10-month high in December. Compiled by S&P Global, the PMI increased to 52.8 from 52.3 in November, marking its strongest reading since February and signaling a sustained expansion in manufacturing activity. The improvement was […]
The year 2025 proved to be transformative for Pakistan’s banking and financial sectors, witnessing significant developments that reshaped the industry landscape. From high-profile mergers and acquisitions to the entry of new players and the exit of underperforming firms, the sector experienced dynamic changes that highlighted its resilience and adaptability. Local banks and fintech companies faced […]
Pakistan has emerged as one of the world’s most optimistic nations heading into 2026, according to the latest Global Economic Gallup Survey. The findings highlight a notable rise in public confidence, positioning Pakistan ahead of India and well above the global average in terms of economic and peace-related optimism. The survey shows that a majority […]
Prime Minister Shehbaz Sharif is set to undertake his first official foreign visit of 2026 to Switzerland. According to 24NewsHD TV, the prime minister will attend the 56th meeting of the World Economic Forum (WEF) in Davos from January 19 to January 26. A high-level delegation will accompany PM Shehbaz during the visit. Diplomatic sources […]
Pakistan is attracting attention from the United States as a potential alternative source for the critical mineral antimony, used in missiles, batteries, and flame retardants, according to the Financial Times. The move is part of Washington’s broader strategy to reduce reliance on China-dominated supply chains for strategic materials. Antimony trioxide prices have surged to approximately […]
China has reaffirmed its commitment to deepen media cooperation with Pakistan, highlighting the role of journalism and communication in supporting the development of the China-Pakistan Economic Corridor (CPEC) 2.0. Chinese Foreign Ministry spokesperson Lin Jian made the remarks during a press briefing following the 9th CPEC Media Forum. Lin emphasized that stronger media collaboration between […]
Federal Minister for Food Security Rana Tanveer Hussain on Friday emphasized the urgent need for Pakistan to boost exports and reduce its trade deficit, which currently stands at $50 billion. Speaking to the media in Lahore, the minister highlighted that countries like Singapore, Thailand, and Vietnam have successfully advanced their economies through the services and […]
Silver prices surged past the historic $75 per ounce mark in the global market on Friday, reaching an all-time high as investors rushed toward safe-haven assets amid mounting economic and geopolitical uncertainty. The rally highlights renewed confidence in precious metals as both a store of value and an industrial commodity during turbulent times. According to […]
The National Cyber Crime Investigation Agency (NCCIA) has successfully dismantled an international call centre racket operating in Karachi, arresting 34 individuals, including 15 foreign nationals, and seizing a significant cache of equipment used for fraud. Authorities revealed that the criminal network ran two illegal call centres targeting unsuspecting victims with fraudulent cryptocurrency and forex investment […]
Pakistan’s digital economy continues to show strong momentum as information technology exports record a notable increase during the first five months of the current fiscal year. The latest figures indicate that the country’s IT sector is steadily emerging as a major contributor to economic growth and foreign exchange earnings. According to data released by the […]
The National Cyber Crime Investigation Agency (NCCIA) has dismantled an illegal call center operating in Karachi, arresting five individuals allegedly involved in large-scale digital fraud. The operation, carried out in the Bara Bukhari area of Defence Phase-6, highlights growing concerns over cybercrime networks targeting citizens through sophisticated hacking schemes. According to NCCIA Additional Director Tariq […]
A host of Pakistan’s leading cricketers are set to arrive in Australia early next week to participate in the upcoming season of the Big Bash League (BBL), marking another significant presence of Pakistani talent in one of the world’s most popular franchise T20 competitions. The tournament is scheduled to begin on December 14 and will […]
