Business
Pakistan’s Remittances Rise to $3.1 Billion in February, Marking 38.6% YoY Growth
Pakistan recorded a significant increase in remittance inflows, reaching $3.1 billion in February 2025, reflecting a 3.8% month-on-month (MoM) increase from January’s $3 billion, according…
State Bank of Pakistan Keeps Policy Rate Unchanged at 12% Amid Economic Considerations
Defying market expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has opted to maintain the policy rate at 12%, citing…
Public Funds or Personal Promotion? Petition Challenges Punjab CM’s Ads on Publicly Funded Electric Buses
Lahore: A legal petition has been submitted to the Lahore High Court (LHC) challenging the display of Chief Minister Maryam Nawaz’s photographs on newly introduced…
Govt Reassesses Export Facilitation Scheme, Targets $60 Billion in Exports
Islamabad: The first meeting of the committee formed by the Prime Minister to review the Export Facilitation Scheme (EFS) was held under the chairmanship of…
PM Directs Ministers to Hold Sector-Wise Consultations with Business Leaders to Drive Economic Growth
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday directed the relevant ministries and authorities to engage with the businessmen and prepare within a week for…
FBR Proposes to Reduce Taxes on Real Estate, Beverages and Tobacco Amid Financial Challenges
ISLAMABAD: To enhance sales volumes and revenue collection, the Federal Board of Revenue (FBR) has suggested lowering the Federal Excise Duty (FED) on beverages and…
IFZA to Establish Free Zone Authority in Pakistan
ISLAMABAD: The International Free Zone Authority (IFZA) has signed a Memorandum of Understanding (MoU) with Pakistan’s Board of Investment (BoI) to set up a Free…
SECP Upholds Penalty on VIS Credit Rating Company for Regulatory Violations
ISLAMABAD: The Appellate Bench of the Securities and Exchange Commission of Pakistan (SECP) has dismissed the appeal filed by VIS Credit Rating Company Limited (formerly…
PTC Warns Against Hasty Changes to Export Facilitation Scheme
ISLAMABAD: The Pakistan Textile Council (PTC) has expressed serious concerns over the Federal Board of Revenue’s (FBR) proposed amendments to the Export Facilitation Scheme (EFS),…
NBP Shutting Down Operations in Central Asia
The National Bank of Pakistan (NBP) is set to wind down its operations in the capitals of Kyrgyzstan, Azerbaijan, and Kazakhstan in the coming weeks,…
Pakistan’s Services Exports Rise by 6.16% Despite Growing Trade Deficit
KARACHI: Pakistan’s services exports saw a 6.16% growth, reaching $4.748 billion in the first seven months of the current fiscal year, compared to $4.472 billion…
Senate Standing Committee Exposes Rs. 60 Billion Corruption in Port Qasim Land Deal, Orders Immediate Action
Islamabad: In a meeting of the Senate Standing Committee on Maritime Affairs, chaired by Senator Faisal Vawda, the committee reviewed critical issues related to the…



