Pakistan secures 3 bids for spot LNG cargoes
PLL, one of the public sector entities responsible for LNG imports, did not import any…
Pakistan secures 3 bids for spot LNG cargoes
PLL, one of the public sector entities responsible for LNG imports, did not import any cargo last month The Pakistan LNG Limited (PLL) on Friday secured three bids at $17.997 to $18.88 per million British thermal units (mmBtu) for delivery of liquefied natural gas between April 27 and May 8, a day after it floated…
SECP strengthens AML framework
IBAN verification through SECP-notified entities will be accepted as a valid proof of identity under new framework ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed major amendments to the Anti-money Laundering, Combating the Financing of Terrorism and Countering Proliferation Financing (AML/CFT/CPF) Regulations, 2020 to strengthen anti-money laundering safeguards while enabling fully digital…
Pakistan ranks 16th globally in outsourcing talent index, says IT minister
Says report suggests Pakistan could improve its ranking to 11 with further improvements in digital infrastructure Shaza also revealed that Chinese satellite internet firms, including Galaxy Space and Shanghai Space, have expressed interest in entering the Pakistani market. PHOTO: APP Pakistan ranks 16th out of 193 countries in the 2026 Global Outsourcing Talent Index by…
Man held for likening Tarnol crossing with Strait of Hormuz
Arrest was made after an FIR was registered on the complaint of Sub-Inspector Shahid Asghar on behalf of the state ISLAMABAD: Police have arrested a man for a social media post likening the Tarnol Railway Crossing to the Strait of Hormuz, as heightened security measures remain in place in the capital amid regional tensions. The…
Pakistan to close 70 govt accounts
ISLAMABAD: Pakistan has agreed with the International Monetary Fund (IMF) to close 70 bank accounts of government departments and transfer roughly Rs300 billion in balances to the national kitty, a move that could help consolidate public funds and reduce the cost of debt. Pakistan has also committed to reducing debt refinancing risks by increasing the…
Oil tanker hijacked off Somalia
ISLAMABAD: The Maritime Affairs Minister on Friday sought a detailed report on the hijacking of an oil tanker by pirates near Somalia, with 11 Pakistani crew members on board, and directed the relevant authorities to coordinate with the Foreign Ministry, Pakistan Navy and others for the recovery of the hostages. Initial details suggested that pirates…
‘Govt committed to sustainable agrifood systems’
Hussain outlines vision for climate-smart agriculture, regional cooperation at FAO conference ISLAMABAD: Pakistan has reaffirmed its strong commitment to advancing resilient, inclusive and sustainable agrifood systems during the 38th Ministerial Session of the Food and Agriculture Organisation (FAO), according to a statement issued on Friday. Federal Minister for National Food Security and Research Rana Tanveer…
PMDC has admission powers: SHC
KARACHI: The Sindh High Court (SHC) has declared that setting admission criteria for medical colleges, including minimum marks for the Medical and Dental College Admission Test (MDCAT), falls within the domain of the Pakistan Medical and Dental Council (PMDC). The provincial high court issued this order as it dismissed a petition seeking reduction in the…
PSX recovers 1,500 points on Araghchi’s visit
Overall market participation was strong, as 1,066 million shares were traded with a total value of Rs. 49 billion. KEL led the volume chart, with 195.8 million shares..Photo: Express KARACHI: Stocks staged a strong recovery on Friday as the benchmark KSE-100 index rebounded from early losses, gaining around 1,500 points, with investor sentiment lifted by…
PM Shehbaz permits spectators for PSL 11 final in Lahore
PCB chairman thanks the prime minister for this decision and for facilitating the fans PSL trophy symbolises cricket’s enduring values as discipline and respect remain central to success. Photo: PSL/FILE Prime Minister Shehbaz Sharif on Saturday took a major decision to allow cricket fans to attend the final of the Pakistan Super League (PSL) 11…
