The Government of Punjab has launched a bold new initiative by allocating Rs26 billion in its 2025 provincial budget to skills development and entrepreneurship programs. This strategic investment is designed to create a more self-reliant workforce, reduce unemployment, and empower youth to become job creators rather than job seekers. Announced[Read More…]

In a sweeping enforcement campaign to uphold consumer rights and market transparency, the Competition Commission of Pakistan (CCP) has imposed over Rs 1 billion in fines on several high-profile companies found guilty of misleading advertising and deceptive marketing tactics during fiscal year 2024–25. The action sends a clear signal that even[Read More…]

Following the rollout of Pakistan’s Federal Budget 2025, the country’s construction sector has seen a brief reprieve, as the prices of cement and steel remain largely unchanged despite fresh tax adjustments. Industry leaders, however, warn that this fragile stability may not last long unless the government takes a more measured[Read More…]

Once seen as stable pillars of national economies, state-owned enterprises (SOEs) are now facing mounting debt and sharp price swings, raising alarms over their financial health and long-term sustainability. Across sectors such as energy, transport, manufacturing, and utilities, many SOEs are struggling to maintain financial stability. A key issue is[Read More…]

In a meeting with top representatives from various international firms, Aurangzeb emphasized the government’s understanding of global investors’ concerns. He said key policy changes are being crafted to improve the ease of doing business, increase regulatory transparency, and ensure consistency in economic decision-making. The finance minister noted that multinational corporations[Read More…]

Khyber Pakhtunkhwa’s latest budget has drawn criticism for offering ambitious goals without clear details on funding or implementation, raising concerns about feasibility. The provincial government has promoted the budget as a forward-looking plan that aims to uplift various sectors and improve the quality of life for citizens. However, economic analysts[Read More…]

Major business groups in Pakistan have united in strong opposition to newly enacted tax enforcement and cash transaction laws, warning these measures threaten investment and economic stability. Their resistance underscores growing friction between regulatory overreach and entrepreneurial freedom. Business associations, led by the Federation of Pakistan Chambers of Commerce and[Read More…]

U.S. stock markets closed strongly this week, with the S&P 500 and Nasdaq reaching new record highs. Both indices finished their best quarter in more than a year, signalling renewed optimism among investors. The Dow Jones Industrial Average rose 0.63%, gaining 275.50 points to close at 44,094.77. The S&P 500[Read More…]

MANKATO, Minn. – A new $67 million Bureau of Criminal Apprehension (BCA) crime lab will be built in Mankato, bringing faster forensic services to southern Minnesota. The 56,000-square-foot facility, planned near the Blue Earth County Justice Center, is expected to open by late 2026. Currently, Minnesota’s BCA operates crime labs[Read More…]

The U.S. Consumer Financial Protection Bureau (CFPB) has officially cancelled a $95 million enforcement order against Navy Federal Credit Union, ending one of the agency’s largest recent consumer protection cases. The original order, issued in November 2024, required Navy Federal to pay $80 million in refunds to customers and a[Read More…]