News

Asia stocks rise despite lingering AI worries, oil down after US-Iran talks

Asian stocks pushed higher on Wednesday despite the renewed artificial intelligence worries gripping international markets, while oil prices were under pressure after Iran touted progress in nuclear negotiations with the United States. The New Zealand dollar sank after the central bank said monetary policy needs to remain accommodative for some time to support the economic recovery. Japan’s

Informal economy: Over 80pc of workers employed with limited rights, social security: ILO

International Labour Organisation (ILO) findings showed that more than 80 percent of workers in Pakistan are employed in the informal economy, with limited rights, protection, and social security. Representatives of government, employers’ and workers’ organisations reaffirmed their commitment to advancing the transition to formal and protected work at a national tripartite forum convened by the

BOP posts record financial performance

In a meeting held on February 17, 2026, the Board of Directors of The Bank of Punjab (BOP) approved the audited financial statements for the year ended on December 31, 2025. The Board expressed appreciation for the Management on Bank’s exemplary performance by delivering exceptional financial results across all areas of operations. Building on the strong foundation laid in previous years, the B

Huawei committed to support Pak digital transformation

Huawei, a global leader in ICT solutions, has reaffirmed its commitment to supporting Pakistan’s digital transformation, positioning Artificial Intelligence (AI) at the center of the country’s economic and technological advancement. As Pakistan enters a critical phase of digital evolution, AI is emerging as a key driver for economic growth, improved governance, and innovation across the ICT sec

Bodies not holding meetings regularly: ‘Station change requests’ piling up in FBR

The Federal Board of Revenue (FBR) had issued stern instructions that the use of extraneous influence by officers/officials for “choice posting” constitutes “misconduct” for disciplinary proceedings. At the same time, the FBR recognises the genuine needs of officers/officials for “station change requests” in case of hardship. Instructions further stated that such a request, along with suppor