Download IPFS Petrol prices in Pakistan are expected to decline by up to Rs9.70 per litre starting August 1, due to falling international oil prices and reduced import premiums. Industry officials have indicated that this potential decrease is based on current trends in global markets and pricing mechanisms. According to[Read More…]

Download IPFS Pakistan has withdrawn a 5% digital tax imposed on foreign tech companies, a move seen as part of ongoing negotiations for a trade agreement with the United States. The decision was formally announced by the Federal Board of Revenue (FBR) on Wednesday. The exemption applies to all foreign[Read More…]

Download IPFS The Ministry of Finance has indicated that Pakistan’s economic recovery is expected to continue into the early part of the Fiscal Year 2026, backed by strengthening macroeconomic indicators and a rise in investor confidence. This positive forecast was detailed in the government’s Economic Update and Outlook for July[Read More…]

Download IPFS A senior Chinese delegation has expressed strong interest in investing in Pakistan’s agricultural sector, particularly in seed development, precision farming, smart irrigation systems, and agro-processing. The Ministry of National Food Security and Research confirmed the development following a meeting between the delegation and Pakistan’s National Food Security Minister[Read More…]

Download IPFS Pakistan’s intensified clampdown on black market currency trading has forced illegal dollar transactions off the streets and into online platforms, raising fresh challenges for regulators and law enforcement. In a bid to stabilise the rupee and curtail capital flight, authorities have stepped up surveillance of unofficial money changers,[Read More…]

Download IPFS Prime Minister Shehbaz Sharif has launched the Pakistan Business Express train service, aimed at delivering enhanced travel convenience and comfort to passengers across the country. The announcement was made during a formal event held at Lahore Railway Station, where the Prime Minister also unveiled a series of newly[Read More…]

Download IPFS Pakistan and Kuwait have agreed to intensify high-level official engagement and expand cooperation in the areas of trade, investment, and defense. This commitment was made during a meeting between Pakistan’s Deputy Prime Minister Ishaq Dar and Kuwaiti Foreign Minister Abdullah Al Yahya on the sidelines of the United[Read More…]

Download IPFS The Public Accounts Committee (PAC) of Pakistan’s National Assembly held a charged session on Monday, highlighting deep-rooted financial irregularities, mounting concerns over the country’s sugar supply, and the unresolved issue of unpaid staff at Pakistan Television (PTV). Chaired by Member of National Assembly (MNA) Junaid Akbar Khan, the[Read More…]

Download IPFS While Pakistan celebrates record $38.5 billion remittances in FY2025, a harsh reality emerges: the exodus of skilled professionals costs the economy $4.2 billion annually in lost productivity, according to new analysis. The Pakistan Institute of Development Economics (PIDE) reports a 26.6% surge in high-skill emigration since 2022, stripping[Read More…]

Download IPFS The Pakistani government has launched a 90-day scientific review of genetically modified organism (GMO) soybean imports following concerns about biosafety risks and market distortions. Climate Change Minister Dr. Musadik Malik convened an emergency meeting after revelations that locally produced soybean has become more expensive than imported varieties, raising[Read More…]