Trade
Pakistan, ADB signs climate resilience initiatives worth 304.5 million for Provinces
ISLAMABAD, Dec 30 (APP): The Government of Pakistan and the Asian Development Bank (ADB) on Tuesday signed two major climate resilience initiatives worth 304.5 million for Singh and Punjab Provinces. The Agreement signed for the Sindh Coastal Resilience Sector Project (SCRP) amounting to USD 180.5 Million, and the Punjab Climate Resilient and Low Carbon Agriculture […]
Pakistan targets import cut as domestic ginger production goes up
ISLAMABAD, Dec 30 (APP):Pakistan’s long-standing dependence on imported ginger is expected to ease as domestic cultivation gains momentum, driven by research-led innovation, farmer participation and targeted government support. Ginger farming in the country has expanded following sustained research efforts by the Vegetable Research Institute of the Ayub Agricultural Research Institute (AARI), Faisalabad, in collaboration with […]
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 […]
Currency rates of NBP
KARACHI, Dec 31 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Wednesday. CURRENCY SELLING BUYING USD 281.95 […]
Foreign exchange rates
KARACHI, Dec 31 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday. CONVERSION RATES FOR DECEMBER 31, 2025 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE DATE JANUARY 05, 2026 USD 280.1030 GBP […]
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 […]
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, […]
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 […]
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 […]
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 […]