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PRA impounds 11 outlets’ record

LAHORE, Dec 29 (APP):Punjab Revenue Authority (PRA) in its grand operation against tax defaulters across Lahore, Rawalpindi, Jhelum, Taxila and Bahawalpur, impounded records from 11 outlets. During the operation, enforcement teams carried out inspections of 58 marquees and food points, according PRA spokesman here Monday. He added that records from 11 outlets including a well-known […]

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Punitive Economic Measures and Pak-Afghan Trade and Transit Disruptions Fuel Regional Instability, Experts Warn

Dec. 29, 2025 | Islamabad: Exclusionary economic measures cause prolonged disruptions inPakistan-Afghanistan trade and transit, and generate wide-ranging economic and socialconsequences across the region. Uncertainty, rather than cost alone, has emerged as the mostdamaging factor, eroding livelihoods, weakening regional connectivity, and placingdisproportionate strain on border communities between the two countries.These concerns were raised at the […]

2 mins read

Pak-Tajikistan PTA key to trade liberalization, targeting $300m in bilateral trade: Ambassador Sarwar

Dushanbe, Dec 28 (APP):Pakistan’s Ambassador to Tajikistan, Muhammad Saeed Sarwar, stated that a Preferential Trade Agreement (PTA) between the two nations is a strong possibility, emphasizing trade liberalization’s role in fostering regional economic integration. Bilateral trade could reach $300 million in the coming years, with the business communities of both countries playing a pivotal role […]

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Federal Minister Planning, Development & Special Initiative Prof Ahsan Iqbal Chaudhary Launches Quaid-e-Azam’s 150th Anniversary Commemorations

ISLAMABAD: – A national tribute to Quaid-e-Azam Muhammad Ali Jinnah was held today by the Federal Minister for Planning, Development & Special Initiatives, Professor Ahsan Iqbal Chaudhary. It was the launch of Quaid’s 150th birth anniversary celebrations at a grand and celebratory event held at the Jinnah Convention Centre, Islamabad. The landmark ceremony brought together senior […]

1 min read

FBR suspends officials absent from sugar mill monitoring duties

ISLAMABAD, Dec 28 (APP):The Federal Board of Revenue (FBR) has initiated disciplinary action and immediately suspended six officials who were found unauthorizedly absent from their assigned monitoring duties at sugar mills, reaffirming its zero-tolerance policy toward misconduct and dereliction of duty. The officials had been deployed under Section 40B of the Sales Tax Act, 1990 […]

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Malik urges intl community to play role in IWT restoration

LAHORE, Dec 28 (APP):SAARC Chamber of Commerce and Industry’s former president Iftikhar Ali Malik urged the international community to exert pressure on India for immediate restoration of Indus Waters Treaty (IWT), cautioning that continued violations could destabilise peace and economic stability in South Asia. In a media statement issued here Sunday, he mentioned, the IWT brokered by World […]

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CCP wraps up 2025 with strong enforcement against cartelization

ISLAMABAD, Dec 28 (APP):The Competition Commission of Pakistan (CCP) took strong enforcement action in 2025 against cartelization, price fixing, and other anti-competitive practices across key sectors, including sugar, steel, poultry, fertilizer, education, transport, advertising, power supply, and manufacturing, to protect consumers and ensure fair markets. In the sugar sector, CCP issued show cause notices to […]

2 mins read

Pak-Tajikistan PTA key to trade liberalization, targeting $300m in bilateral trade: Ambassador Sarwar

Dushanbe, Dec 28 (APP): Pakistan’s Ambassador to Tajikistan, Muhammad Saeed Sarwar, stated that a Preferential Trade Agreement (PTA) between the two nations is a strong possibility, emphasizing trade liberalization’s role in fostering regional economic integration. Bilateral trade could reach $300 million in the coming years, with the business communities of both countries playing a pivotal […]

1 min read

Rupee gains 03 paisa against US Dollar

ISLAMABAD, Dec 26 (APP): The Rupee on Friday appreciated by 03 paisa against the US Dollar in interbank trading and closed at Rs 280.17 compared to the previous day’s closing at Rs 280.20. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded […]

1 min read

SBP injects over Rs 2 trillion in the market

KARACHI, Dec 26 (APP):The State Bank of Pakistan (SBP) injected Rs 2,063.75 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) on Friday to maintain liquidity in the market. The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for the 5-day tenor on December 26, 2025, and […]