National
Digitisation ensures efficient, inclusive economy: Saif
LAHORE, Jan 04 (APP):Federal Tax Ombudsman (FTO) Coordinator Saif Ur Rehman has said that digitisation is the key to build a transparent, efficient and inclusive economy in Pakistan. Talking to a delegation of traders here Sunday, he said, by leveraging modern digital tools, the government can significantly reduce corruption, leakages and inefficiencies which have plagued […]
PBF sees cotton crop recovery in 2025 with around 18pc year-on-year growth
ISLAMABAD, Jan 03 (APP):The Pakistan Business Forum (PBF) has said Pakistan’s cotton sector showed clear signs of recovery during the 2025 season, as national cotton arrivals reached around 5.43 million bales, reflecting an approximately 18 percent year-on-year increase compared to the same period last year, supported by improved crop inflows and steady domestic absorption. According […]
IESCO notifies power suspension programme
ISLAMABAD, Jan 03 (APP): The Islamabad Electric Supply Company (IESCO) on Saturday issued a power suspension programme for Sunday, in various areas of its region due to necessary maintenance and routine development work. According to an IESCO spokesperson, the power supply of several feeders and grid stations will remain suspended from 9:00 am to 2:00 […]
Rawalpindi chamber lauds launch of Karachi–Dhaka flights
RAWALPINDI, Jan 03 (APP):President Rawalpindi Chamber of Commerce & Industry (RCCI), Usman Shaukat has warmly welcomed the launch of direct flights between Karachi and Dhaka, terming it a landmark development for strengthening Pakistan,Bangladesh economic ties, bilateral trade, and people-to-people connectivity. Usman Shaukat recalled that during the Pakistan–Bangladesh Business & Tourism Opportunities Conference held in Dhaka […]
PRA revenue increases by 35pc
LAHORE, Jan 03 (APP):Punjab Revenue Authority (PRA) records a significant increase in revenue collection by achieving a record 35 percent growth in revenue during the first half of current financial year compared to corresponding period last year. During July–December of current FY, PRA collected Rs. 149.5 billion in total revenue, whereas Rs. 112.1 billion were […]
Customs enforcement Quetta seizes smuggled goods worth Rs. 251.325 million
ISLAMABAD, Jan 03 (APP):Collectorate of Customs Enforcement Quetta, in a successful Intelligence-Based Operation (IBO), conducted with the assistance of other Law Enforcement Agencies (LEAs), and the District Administration Kalat, seized large consignments of smuggled goods with a total estimated value of Rs. 251.325 million. The seized contraband comprised foreign-origin betel nuts and cloth which were […]
LCCI presented doable proposals for exports to federal secretaries
LAHORE, Jan 03 (APP):Lahore Chamber of Commerce and Industry (LCCI) on Saturday presented a doable set of proposals to enhance exports. Suggestions were given in the presence of Federal Secretary Commerce Jawad Paul, Federal Secretary Industries Saif Anjum, and Federal Secretary National Food Security Amir Mohyuddin here at LCCI. The chamber’s President Faheem ur Rehman […]
KE reports steady growth, digital gains amid economic stability
ISLAMABAD, Jan 02 (APP):In a year marked by improving economic stability, K-Electric (KE), Pakistan’s only vertically integrated power utility, reported steady progress across power generation, transmission, distribution and supply, alongside significant investments in digital transformation and customer engagement. According to KE’s year-end business performance review, the utility remained focused on ensuring reliable electricity supply for […]
CDA retrieves over 900 kanals of land in anti-encroachment drive
ISLAMABAD, Jan 02 (APP):The Capital Development Authority (CDA) has retrieved more than 900 kanals of valuable state land during an ongoing anti-encroachment operation in the Diplomatic Enclave and adjoining areas, including the former Muslim Colony, officials said on Friday. The progress of the operation was reviewed at a meeting held at the CDA headquarters, chaired […]
SECP approves Prospectus for offer for sale/initial Public offering of signature residency REIT
ISLAMABAD, Jan 02 (APP):The Securities and Exchange Commission of Pakistan (SECP) has approved the issuance, circulation, and publication of the Prospectus for the Offer for Sale and Initial Public Offering (IPO) of Signature Residency REIT (SRR). The offering comprises 8,250,000 units, representing 25% of the REIT’s total units,said a release issued here on Friday. SRR […]