Newly-appointed Chinese Consul General in Lahore Sun Yan has said that Pakistan and China are jointly moving towards an upgraded phase of cooperation under CPEC 2.0, which will focus on critical sectors such as industry, agriculture and mining, while emphasizing that human capital equipped with Chinese language skills will be essential for unlocking the full potential of bilateral trade and invest
The Federal Board of Revenue (FBR) has empowered the Director of the Directorate General of Intelligence & Investigation Inland Revenue to approve the initiation of an inquiry against businessmen involved in tax fraud. This is subject to the condition of prior approval of the FBR Member, Inland Revenue (Operations) of the Board. The FBR has amended the Sales Tax General Order (STGO) 2 of 2025 t
The Agriculture Republic, a think tank working to reflect on issues faced by the agricultural economy and propose remedies, appreciated the Punjab’s cotton cultivation campaign as a positive step and called that it must be complemented by the decisive federal action. “It is imperative that the government urgently complete the PCCC-PARC merger, restore institutional clarity, and strengthen resea
Oil prices rose more than 1 percent on Tuesday, as renewed Iranian attacks on the United Arab Emirates heightened concerns about the worsening outlook for global supply if there is no quick resolution to US-Israeli war on Iran, now in its third week. Brent crude futures gained USD1.33, or 1.3 percent, to USD101.53 a barrel by 1515 GMT while US West Texas Intermediate (WTI) crude advanced USD1.2
Selling continued at the Pakistan Stock Exchange (PSX) as tensions in the Middle East kept investors wary, with the benchmark KSE-100 Index shedding nearly 1,600 points during the opening minutes of trading on Monday. At 10:45am, the benchmark index was hovering at 152,299.86, down by 1,566.30 points or 1.02%. Selling pressure was observed in key sectors, including automobile assemblers, cem