Malinin earns Olympic redemption with gold

Ilia Malinin bounces back from Olympic disappointment to claim a third world title, reaffirming his dominance on the global stage. Photo: REUTERS/FILE PRAGUE: American Ilia Malinin returned to the pinnacle of his sport as he skated to a third world title on Saturday and shrugged off the shock of an eighth-place finish at last month’s…

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FBR’s tax shortfall hits Rs683b

ISLAMABAD: The International Monetary Fund (IMF) has allowed Pakistan to pass on the impact of the remaining agreed Rs53-per-litre increase in petroleum levy in two phases, as the tax shortfall of the Federal Board of Revenue (FBR) has further widened to Rs683 billion in this fiscal year. According to an earlier understanding, the entire increase…

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Tourism earned $1.15b, spent $2.4b

FPCCI report says policy, infrastructure bottlenecks blocking vast potential of sector The FPCCI report also identifies visa complexities, weak international marketing, inadequate road infrastructure, poor digital connectivity, security concerns and fragmented governance as major obstacles to tourism growth. PHOTO: REUTERS KARACHI: Pakistan earned $1.15 billion from foreign tourists in 2024, but its citizens spent an…

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CPEC 2.0 in focus as PM Shehbaz visits China

Pakistan, China look to deepen trade, technology and strategic cooperation as ties mark 75 years Prime Minister Muhammad Shehbaz Sharif and Pakistan delegation met H.E. Wang Hao, and his delegation, Party Secretary of Zhejiang Province, in Hangzhou on Saturday May 23. PHOTO: Ishaq Dar X Prime Minister Shehbaz Sharif arrived in Hangzhou, Zhejiang Province, on…

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Govt tightens INGOs registration rules

Revised rules further make it compulsory for organisations to submit authority letters for authorised representatives ISLAMABAD: The federal government has tightened tax registration requirements for international non-governmental and non-profit organisations (INGOs), making a series of additional disclosures and official approvals mandatory in a move aimed at increasing financial transparency and regulatory oversight. Under new amendments…

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HEC, industry agree to bridge skills gap

Applied Research Award announced as universities urged to update curricula to match global market needs LAHORE: Chairman of the Higher Education Commission (HEC) Dr Niaz Ahmed visited the Lahore Chamber of Commerce and Industry (LCCI) and met with President Faheemur Rehman Saigol to discuss strengthening the link between education and industry, improving academic curricula and…

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