Business
Privatized PIA Appoints Lt Gen (Retd) Anwar Ali Hyder as First Chairman
Fast Cables Joins UAE’s TAQA Vendor Network
LAHORE: Fast Cables Limited has reached a major milestone by becoming the first cable manufacturer in Pakistan to earn approved vendor certification from Abu Dhabi…
CCP Penalties on Businesses Top Rs1 Billion in FY25
The CCP penalties on businesses have surged past Rs1 billion in FY25, following a sweeping crackdown by the Competition Commission of Pakistan (CCP) that targeted…
Rs750 Prize Bond Draw Results for July Announced by National Savings
On July 15, 2025, the National Savings Division conducted the Rs 750 prize bond draw in Rawalpindi. The draw revealed that the first prize, amounting…
PM Directs Launch of Digital Invoicing System in Urdu
Prime Minister Shehbaz Sharif on Monday stressed that Pakistan’s digital invoicing system must be introduced in Urdu to make it more inclusive and user-friendly for…
ADB Warns Pakistan of Risk from High Digital Taxes
The Asian Development Bank (ADB) has cautioned Pakistan that its steep and inconsistent taxes on digital infrastructure pose a serious risk to foreign investment, growth,…
FBR Makes Property Value Declaration in Tax Returns Mandatory
The Federal Board of Revenue (FBR) has made property value declaration in tax returns compulsory for the tax year 2025, requiring taxpayers to report immovable…
No Change in Electricity Peak Hours, Confirms Power Division
The Ministry of Energy (Power Division) has categorically denied recent rumors about a change in electricity peak hours, confirming that the existing schedule remains fully…
VoltShare Secures Six-Figure Investment from Canadian Investor
Lahore, Pakistan: In a major boost for Pakistan’s climate tech ecosystem, VoltShare, an innovative EV charging startup, was incubated at NIC Lahore. Secured a six-figure…
Reviving Pakistan Steel Mills Industry: Pak Signs Deal with Russia
ISLAMABAD: China seems to be out of contention for the Pakistan Steel Mills (PSM) revival contract, as Pakistan and Russia signed a protocol on Friday.…
PRA Designates Telecom, Banks & Insurers as Withholding Agents
The Punjab Revenue Authority (PRA) has designated telecommunication, banking, and insurance companies as withholding agents. These companies are now required to withhold 80% of the…
Paris Auction Sets Record with $10M Hermès Birkin Bag Sale
The first-ever Hermès Birkin bag, made for Jane Birkin, has sold for $10 million at a Sotheby’s auction. The bag was auctioned in Paris and…
Shehbaz Sharif Meets Alibaba For Digital Trade Plans
ISLAMABAD: Prime Minister Shehbaz Sharif emphasized the critical role of e-commerce in driving Pakistan’s export-led economic vision, calling it a “strategic necessity” for modern trade.…