Business & Economy

ISLAMABAD, Jul 7 : The Federal Board of Revenue (FBR), under the direction of Prime Minister Muhammad Shehbaz Sharif, has for the first time in Pakistan’s history introduced the Artificial Intelligence based Custom Clearance and Risk Management System (RMS). During a meeting chaired by the […]

LAHORE, Jul 05 :Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman said that the business community serves as the backbone of Pakistan’s economy, playing a pivotal role in industrialization, job creation, export promotion and contributions to the national exchequer. Talking to a delegation of business […]

ISLAMABAD, Jul 4 :The weekly inflation, measured by the Sensitive Price Indicator (SPI) for the combined consumption group decreased by 2.06 percent during the week ending on July 3 as compared to the corresponding week of last year (2024). However, on week-on-week basis, the SPI […]

ABU DHABI, July 03 : ADNOC’s Hail and Ghasha mega-project has met a key development milestone, having completed the “sail-out” and installation of critical offshore facility structures from the NMDC Energy Yard in Mussafah, Abu Dhabi. The structures – called steel “jackets” – form the […]

ISLAMABAD, Jun 30 :Over 5.544 million metric tons of rice valued at $3.203 billion were exported during the 11 months of the current financial year, as compared to the exports of 5.5.593 million metric tons worth of $3.628 billion of the corresponding period of the […]

BEIJING, Jun 30 :The Pakistan Pavilion was officially inaugurated on June 29 at the Euro-Asia Exhibition in Urumqi, Xinjiang, marking a vibrant step forward in deepening economic ties and cultural exchanges between Pakistan and China. The event highlighted the importance both sides attach to regional […]

ISLAMABAD, Jun 30 : Algeria is set to host the 4th Intra-African Trade Fair (IATF2025) from September 4 to 10, 2025, at the Palais des Expositions du Pins Maritimes in Algiers. The event, themed “Gateway to New Opportunities,” aims to connect companies with the vast […]

ISTANBUL, Jun 27 : The UK’s car production plunged for the fifth consecutive month to the lowest level since 1949 in May due to the impact of the US tariffs, according to data by the Society of Motor Manufacturers and Traders (SMMT) on Friday. The […]

ISLAMABAD, Jun 27 :The Rupee on Friday depreciated by 06 paisa against the US Dollar in the interbank trading and closed at Rs 283.72 against the previous day’s closing of Rs 283.66. However, according to the Forex Association of Pakistan (FAP), the buying and selling […]