National and international companies displayed their hi-tech construction machinery, modern and stylish products under one platform at Pakistan's premier construction industry event "Property Asia" held on the third and concluding day of the 18th Build Asia International Exhibition and Conference at the Expo Centre Karachi. Visitors were astonished to see such state-of-the-art machinery. It led
China revised upwards on Thursday the size of its economy by 2.7%, but said the change would have little impact on growth this year, as policymakers pledged more stimulus to spur expansion in 2025. Policy support late this year has set the world's second-largest economy on track for a growth target of "around 5%" as activity warmed slightly, but challenges such as potential US tariff hikes stil
The government is considering handing over Pakistan Central Cotton Committee (PCCC), which conducts research to improve cotton quality, to the All Pakistan Textile Mills Association (Aptma). The committee is facing a financial crunch due to failure of textile millers to pay their dues. Millers are reluctant to pay cotton cess and in this regard they have filed lawsuits. Following this, the gove
Federal Minister for National Food Security and Research Rana Tanveer Hussain met with Turkish ambassador to discuss ways to enhance agricultural cooperation between Pakistan and Turkiye. The meeting focused on exploring new opportunities for partnership under the Strategic Economic Framework, with an emphasis on boosting agricultural trade and facilitating technology transfer. The federal m
A Senate panel on Thursday endorsed a proposed legislation that would lead to the closure of all bank accounts of non-filers having bank balances of over Rs1 million and would even bind filers to first explain the source for buying a home or a car. The Senate Standing Committee on Finance unanimously backed the Tax Laws Amendment Act 2024 with certain amendments to make the law more stringent.