25,000MT tuna quota secured

ISLAMABAD: Pakistan has secured a quota of 25,000 metric tonnes from the Indian Ocean Tuna Commission (IOTC), including 15,000 tonnes of yellowfin tuna and 10,000 tonnes of skipjack, a landmark achievement expected to generate approximately $200 million in exports, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said on World Tuna Day, according to…

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Captured terrorist lifts lid on cross-border plot

. KARACHI: An injured terrorist arrested following the attack on a Pakistan Rangers, Sindh, camp in Karachi has claimed that he and his accomplices entered Pakistan from Afghanistan after receiving training there, admitting that the banned Jamaat-ul-Ahrar (JuA) planned and coordinated the operation from across the border. According to sources, the suspect, during interrogation, identified…

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Pak-China sign $13b in MoUs, JVs in 2 years

KARACHI: Pakistan and China have signed more than 300 memorandums of understanding (MoUs) and over three dozen joint venture agreements over the last two years, with a cumulative value exceeding $13 billion, Pakistan’s Ambassador to China Khalil Hashmi has said, according to a statement issued on Monday. Speaking at a meeting with a 70?member Chinese…

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FCC restores govt powers to block passports

ISLAMABAD: The Federal Constitutional Court (FCC) on Monday put on hold a landmark ruling of the Lahore High Court (LHC) that had struck down key provisions of the Passport Rules 2021, effectively restoring the federal government’s powers to inactivate passports and impose long-term travel bans on deportees and suspected human traffickers. The interim relief means…

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Boat building cost surges amid fuel price hike

KARACHI: A sharp rise in fuel prices has significantly increased the cost of boat building in coastal areas of Karachi, including Ibrahim Hyderi, placing additional financial strain on the community. According to local boat makers, the cost of constructing a standard fishing launch has jumped from Rs500,000 to Rs700,000, while the cost of medium-sized boats…

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8.6 million children trapped in labour

ISLAMABAD: More than 8.6 million children in Pakistan are engaged in child labour, including over 6.6 million involved in hazardous work that threatens their health, safety and development, according to a national report launched on Thursday by the National Commission for Human Rights (NCHR) in collaboration with UNICEF. Titled ‘Pakistan: Child Labour Surveys, Evidence for…

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Petroleum levy crosses Rs1.2tr in nine months

ISLAMABAD: The government collected more than Rs1.2 trillion from consumers in petroleum levy during the first nine months of the current fiscal year, while over Rs35 billion was recovered under the Climate Support Levy (CSL), according to official documents. The documents further revealed that electricity consumers across the country paid more than Rs1.9 trillion in…

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FX drops $1.3b on Eurobond payment

Pakistan's foreign exchange reserves held by the central bank decreased $1.321 billion during the week ended April 10, 2026 as the country repaid $1.426 billion to investors following maturity of Eurobonds in the international market. According to data released by the State Bank of Pakistan (SBP) on Thursday, Pakistan's total liquid foreign currency reserves reached…

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Trump backs US investment of $2.4b

Securiport offers to install airport security systems; Senate flags transparency issues ISLAMABAD: President Donald Trump’s administration has backed a $2.4 billion investment offer by an American firm to install advanced security systems at major Pakistani airports to detect criminals and transnational threats. Natalie A Baker, the US Charge d’Affaires to Pakistan, has recently supported an…

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President urges early execution of China MoUs

KARACHI: President Asif Ali Zardari on Monday noted that Pakistan’s cooperation with China presents an important opportunity to modernise infrastructure, strengthen industrial capacity and advance socio-economic development. The president received a detailed briefing on the implementation of the Memoranda of Understanding (MoUs) signed during his recent visits to the People’s Republic of China. The briefing,…

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