ISLAMABAD: During Prime Minister Shehbaz Sharif’s current visit, Turkiye’s Ministry of Trade has raised significant concerns regarding the methodology used by Pakistan’s National Tariff Commission (NTC) to determine the injury margin in its anti-dumping investigation of soda ash imports from Turkiye and Kenya. NTC’s deviation from its past practice amounts to providing undue protection to…
‘E20’ fuel faces rising criticism as govt says data shows no evidence of vehicle damage MUMBAI: Indian government and auto industry officials on Saturday defended the mandatory rollout of petrol blended with 20% ethanol, saying years of testing and service data showed no evidence of widespread vehicle damage, despite public concerns over lower fuel efficiency…
The report raised questions about the quality of spending, particularly in health and education sectors. Despite increased spending, the indicators in certain provinces worsened. photo:file ISLAMABAD: The World Bank has said that disparity in expenditures between a provincial capital and other districts remained far wide with Quetta receiving 475% more per person funds and Lahore…
KARACHI: The KSE-100 index of the Pakistan Stock Exchange (PSX) extended its winning streak, closing at 185,372 points with a weekly gain of 3.23%, or 5,801 points, as easing oil prices on the back of de-escalating US-Iran geopolitical tensions bolstered investor confidence. Brent crude softened to around $71.8 per barrel during the week. On a…
ISLAMABAD: Access to affordable housing finance is set to become easier for citizens, particularly underserved and non-banking segments, as the federal government has approved the inclusion of lending Non-Banking Finance Companies (NBFCs) as participating financial institutions under the Prime Minister’s Apna Ghar Programme. The Securities and Exchange Commission of Pakistan (SECP), recognising the potential of…
Power minister pitches $2.5b metering, transmission investment to Turkish investors ISLAMABAD: Pakistan has undertaken far-reaching structural reforms in its power sector, reducing distribution inefficiencies by more than 45% over the last two years, Federal Minister for Energy (Power Division) Sardar Awais Ahmad Khan Leghari said on Saturday. Addressing Turkish investors at the Pakistan-Turkiye Business Conference,…
SMEs, agriculture, housing finance on agenda as top officials, global experts gather in Karachi KARACHI: The Pakistan Banks Association (PBA) has announced the second edition of the Pakistan Banking Summit 2026, to be held on 7-8 July in Karachi, according to a statement issued on Saturday. The summit will bring together more than 1,200 participants,…
Foreign minister lists key sectors for investment, calls economic diplomacy vital to Pakistan-Turkiye ties Foreign Minister Ishaq Dar speaks at the Pakistan-Turkiye Business Conference on July 4, 2026. PHOTO: MOFA/X Deputy Prime Minister and Foreign Minister Ishaq Dar on Saturday said that Pakistan particularly seeks Turkish investment in key sectors including energy, mining, minerals, power infrastructure,…
LAHORE: The government has rolled out relief measures for the real estate sector to revive investment and restore market confidence, even as Pakistan faces an urgent need to shift from unchecked horizontal expansion of cities to vertical urban development, said Federal Parliamentary Secretary for Planning and Development Hafiz Mian Muhammad Nauman. Speaking at a seminar…
ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has said that Pakistan is prioritising port modernisation, the blue economy and environmental sustainability as part of wide-ranging reforms to transform the country’s maritime sector. During a meeting in Istanbul with Arsenio Dominguez, Secretary-General of the International Maritime Organisation (IMO), the minister briefed him on…