Business

OGDC Assures Investors Barrick Gold’s Restructuring Will Not Affect Reko Diq Project
Oil and Gas Development Company Ltd. has reassured investors that the multibillion dollar Reko Diq copper gold project will remain fully on track, dismissing concerns raised after reports of a possible restructuring at Barrick Gold. The company said the project’s…
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World Bank Urges Energy Cuts in Pakistan’s Industries
The World Bank has called for urgent energy efficiency improvements across Pakistan’s major industrial sectors, including cement, textile, steel, fertiliser, and paper, to lower costs…
Govt to Revise Policy on Tax Deduction on Cash Sales
The federal government has proposed a major change to the policy governing tax deduction on cash sales, raising the limit from Rs200,000 to Rs2.5 million…
Pakistan IT Exports Grow in FY25 but Fall Short of Govt Target
Pakistan IT exports, including IT and IT-enabled services (ITeS) like computer and call center services, recorded nearly 18 percent growth during the fiscal year 2024-25.…
Govt Fixes Sugar Price in Islamabad as Shortage Worsens
To combat inflation and market manipulation, the government has officially set the sugar price in Islamabad and initiated a crackdown on retailers violating the rate.…
Trilateral Deal Signed for Uzbekistan-Afghanistan-Pakistan Railway Project
Pakistan, Afghanistan, and Uzbekistan have signed a trilateral framework agreement for the Uzbekistan-Afghanistan-Pakistan railway project, a key step toward enhancing regional connectivity and trade. The…
104 Business Compliance Reforms Get Cabinet Body’s Nod
In a major step to improve the ease of doing business, the Cabinet Committee on Regulatory Reforms has approved 104 business compliance reforms under the…
Sadapay vs Nayapay: Which Digital Payment Service is Right for You in 2025?
Picture a bustling street in Karachi, a student taps their phone to pay for chai, a freelancer in Lahore cashes out a global gig in…
Pakistan Railways Revives Pak Business Express with High Hopes
LAHORE: After years of controversy and courtroom battles, Pakistan Railways is all set to reintroduce the Pak Business Express, a project that once stood as…
Rawalpindi Property Tax Rates Updated: Here’s What’s Changed
Rawalpindi property tax rates have been officially revised following a new gazette notification issued by the Board of Revenue’s Registration Branch. This update has led…
Govt Sets New Date for Utility Stores Closure
The government has revised the timeline for utility stores closure, now setting July 31, 2025, as the new date to cease operations of the Utility…
UBL Workday Now Includes Sunday to Serve Customers Daily
United Bank Limited (UBL) has officially extended the UBL workday to include Sundays, enabling customers to access banking services all seven days of the week.…
Federal Cabinet Approves EOBI Pension Increase
In a significant session held on July 16, 2025, at the Prime Minister’s House, Islamabad. The Federal Cabinet, chaired by Prime Minister Muhammad Shehbaz Sharif,…
Transporters Call Nationwide Wheel-Jam Strike Over Tax Hike
The Pakistan Transport Council has declared a nationwide wheel-jam strike on July 19, 2025, vowing to suspend all transport operations in protest against a new…