Pakistan’s federal government has confirmed that the Main Line-1 (ML-1) railway modernization project is no longer part of the China-Pakistan…
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Pakistan Report Flags Massive Loss of Rs. 122 Billion in Global Health Aid Management
Pakistan has come under scrutiny after a new audit report revealed significant lapses in the management of international health funding,…
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Karachi Port Sets New National Record with Over 2.65 Million TEUs Handled
Karachi Port has achieved a significant milestone in Pakistan’s maritime sector by setting a new national record for container handling,…
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FBR Revises Customs Valuation for Imported Seamless Steel Pipes, Raising Import Costs
The Federal Board of Revenue (FBR) has introduced a new customs valuation framework for imported carbon steel seamless pipes, a…
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Karachi Court Orders Oversight of Quice Foods Merger Amid Minority Shareholder Concerns
A Karachi court has ordered judicial oversight of an upcoming Extraordinary General Meeting (EOGM) of Quice Food Industries Limited after…
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FBR Launches One-Stop Tax Facilitation Center for Businesses in Karachi
The Federal Board of Revenue (FBR) has established a dedicated tax facilitation center in Karachi to provide businesses with easier…
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Pakistan Moves Toward Waste-to-Energy Policy With New National Task Force
The government of Pakistan has taken a major step toward sustainable energy development by forming a high-level task force to…
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Early Market Closures Trigger Rs. 20 Billion Revenue Setback for FBR
Pakistan’s tax collection efforts are facing renewed strain as early market shutdowns begin to weigh heavily on national revenue. Officials…
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Engro Fertilizers Limited Posts 14% Profit Growth in Q1 2026 Despite Weak Urea Sales
Engro Fertilizers Limited (EFERT) has reported a solid financial performance for the first quarter of 2026, posting a net profit…
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Karachi Airport Set for Major Expansion with Rs. 100 Billion Upgrade Plan
In a major step toward modernizing aviation infrastructure, the Pakistan Airports Authority has unveiled an ambitious expansion plan for Jinnah…
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