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Export of sport goods increases 15.86% to $179.334 mln

ISLAMABAD, Dec 31 (APP):The export of sport goods from the country witnessed an increase of 15.86 percent during the first five months of the current financial year (2025-26) as compared to the export of corresponding months of last year. The country exported sport goods worth US$ 179.334 million during July-November (2025-26) as opposed to the […]

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PIA retired employees thank govt for continuation of allowances after privatisation

ISLAMABAD, Dec 30 (APP):The Pakistan International Airlines Retired Employees Association (PIAREA) thanked government for continuation of allowances and all other benefits following the privatisation of Pakistan International Airlines (PIA). The association conveyed its views during its 16th annual gathering held under the chairmanship of Syed Tahir Hassan. A large number of retired PIA employees attended […]

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FBR clarifies safeguards on tax exemptions for imports into GB

ISLAMABAD, Dec 30 (APP): The Federal Board of Revenue (FBR) has taken note of concerns expressed by traders, stakeholders, and trade bodies about the proposed procedure regarding non-levy of federal taxes on goods imported for exclusive consumption in Gilgit-Baltistan (GB). The FBR hereby clarifies that a comprehensive and robust mechanism has been put in place […]

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Banks to remain closed on Thursday: SBP

KARACHI, Dec 30 (APP): All the banks and financial institutions will remain closed for public dealing across the country on the first day of the new year 2026 as Thursday, January 01 is declared a Bank Holiday by the banking sector regulator. “The State Bank of Pakistan will remain closed for public dealing on Thursday, […]

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BOI, in collaboration with CMG, organize seminar on Sino-Pak economic Partnership

ISLAMABAD, Dec 30 (APP): The Board of Investment (BOI), in collaboration with China Media Group (CMG), organized a seminar titled “Driving Innovation, Sharing Prosperity – A New Vision for China–Pakistan Economic Partnership” at the Board of Investment, Islamabad. Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, attended the event as the Chief Guest. The […]

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Banks to open till 10 pm on Wednesday for tax collection: SBP

KARACHI, Dec 30 (APP): The State Bank of Pakistan (SBP), on Tuesday, directed all banks to observe extended working hours on the last day of the calendar year 2025 to facilitate tax collection. “To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, all branches of commercial banks have been advised to […]

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ECC approves TSGs, pays tribute to Dr. Shamshad Akhtar

ISLAMABAD, Dec 30 (APP): A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held today at the Finance Division under the chairmanship of Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb.The meeting was attended by Federal Minister for Power Sardar Awais Ahmad Leghari, Federal Minister for Petroleum Ali Pervaiz Malik (who […]

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Complete digitalization of EPZA inevitable for better performance: SAPM

ISLAMABAD, Dec 30 (APP): Special Assistant to the Prime Minister, Haroon Akhtar Khan, on Tuesday reviewed the challenges faced by the Export Processing Zones Authority (EPZA) and deliberated on its future course of action. Special Assistant to the Prime Minister, Haroon Akhtar Khan, chaired a meeting with the Board Members and CEO, Freedon Akram Sheikh […]

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PSX gains 576 points to close at 174,472 points

ISLAMABAD, Dec 30 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Tuesday closed bullish, gaining 576.45 points, a positive change of 0.33 percent, to settle at 174,472.80 points compared to 173,896.34 points on the previous trading day, according to PSX data. During the session, the ready market witnessed a trading volume […]