Pakistan and world business news from seven outlets, one story per event. Updated just now.
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PESHAWAR: Provincial cabinet of Khyber Pakhtunkhwa has approved additional funding of Rs5,333.50 million for the development scheme titled “Establishment of District Setup of Counter Terrorism…
Oil prices fell on Friday as Middle East supply concerns eased somewhat after US President Donald Trump said the country will not attack Iran before US elections next month amid productive talks to…
LAHORE: The Lahore High Court (LHC) on Thursday summoned the secretaries for Interior, Commerce division, the chairman of Federal Board of Revenue (FBR) and member Customs for not responding to a…
SINGAPORE: Asian stocks slipped on Friday and were poised for a second straight weekly drop as investors fretted about elevated energy prices, bond market ructions and the huge sums needed to fund…
ISLAMABAD: Taxpayers declaring foreign income are facing serious difficulties in filing their income tax returns for tax year 2026, as the Federal Board of Revenue’s (FBR) IRIS portal no longer…
ISLAMABAD: The Federal Board of Revenue (FBR) has stopped publishing the details of advance rulings issued to the foreign investors since 2018 with growing concerns among non-resident investors over…
ISLAMABAD: The Ministry of Finance and Revenue on Thursday clarified that the Rs10.1 trillion debt figure reported by the Central Monitoring Unit (CMU) of the State Bank of Pakistan (SBP) represents…
ISLAMABAD: The inflation based on Wholesale Price Index (WPI) jumped 13.3 percent year-on-year, while weekly consumer-price inflation climbed 11.53 percent in the week ended October 1, the National…
ISLAMABAD: President Asif Ali Zardari on Thursday called for stronger trade, investment and security cooperation between Pakistan and Bahrain, urging greater business-to-business engagement to…
Liu Xueliang is Vice President of BYD Co., Ltd., and General Manager of BYD’s Asia Pacific Auto Sales Division.
LAHORE: Adviser to the Prime Minister for Industries and Production, Haroon Akhtar Khan, has called for a comprehensive export strategy to enable Pakistan’s poultry industry to establish a strong…
EDITORIAL: The staff-level agreement on the fourth review of the $7 billion Extended Fund Facility (EFF) and the third review of the $1.4 billion Resilience and Sustainability Facility (RSF) was…
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a strict procedure for deferment of duties and taxes on the import of live animals and their subsequent export including export of meat and…
ISLAMABAD: State Minister for Finance Bilal Azhar Kayani on Thursday accused Khyber Pakhtunkhwa government of neglecting counter-terrorism responsivities despite receiving around Rs 800 billion…
ISLAMABAD: Federal Minister for Water Resources Muhammad Moeen Wattoo has highlighted the close link between water security, climate resilience and disaster risk reduction, stressing the importance…
FAISALABAD: National Textile University (NTU) is making serious efforts to commercialise modern research, including technical textiles, resolve industry-related problems and enhance Pakistan’s…
DUBAI: Iran will not abandon uranium enrichment or hand over its uranium, state media reported on Thursday, citing the head of the country’s Atomic Energy Organization Mohammad Eslami.
RIYADH/DUBAI: Yemen’s Houthis escalated their campaign of strikes against Saudi Arabia on Thursday, trying to shut down the kingdom’s airspace and oil facilities with missile fire that has killed…
WASHINGTON: The US government is suspending Microsoft, Adobe and several large IT firms from a program that allows skilled foreign workers to gain permanent residency, senior US officials announced…
Pakistan has rejected a New York Times report claiming that Pakistan Air Force (PAF) jets took part in an operation launched by Saudi forces against the Houthis.
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