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Pakistan Invites Sikh Community for Guru Nanak Expressway Investment
Pakistan invites international Sikhs to invest in the proposed Guru Nanak Expressway to improve access to religious sites and boost tourism.
Prime Minister to Review Sugar Market Deregulation Plans
Prime Minister Shehbaz Sharif to chair a meeting today to review proposed sugar market reforms as part of Pakistan’s IMF commitments.
OpenAI Revenue Forecast Falls Short of Expectations
OpenAI projects $50bn in revenue for the year, $20bn below initial projections, raising questions about the rapid expansion of AI technology.
SoftBank seeks $100 billion from Gulf investors for AI investments
SoftBank Group CEO Masayoshi Son aims to raise up to $100 billion from Gulf investors for AI investments and operational improvements.
Yuan Strengthens as Dollar Retreats Amid EU Trade Talks
The yuan strengthened against the US dollar as the greenback retreated, amid trade talks between Beijing and the European Union.
Australian and New Zealand dollars steady as bond yields ease
Australian 10-year bond yields fell, supporting the Aussie dollar, while the unemployment rate rose to a five-year high of 4.6% in August.
IMF Urges Pakistan to Cut Fuel Subsidies, Focus on Targeted Aid
IMF advises Pakistan to limit fuel subsidies and focus on targeted aid to control inflation and support economic growth.
UK Water Companies Profit from Industrial Wastewater Trade
UK water companies made over £340m from processing industrial wastewater, raising concerns about environmental standards and regulation.
Government hikes duties on imported tyres and bike parts
The Economic Coordination Committee increased duties on imported tyres and motorcycle parts to support local manufacturing.
LCCI President Praises Rs2 Trillion SME Financing Target
LCCI President Ali Hussam Asghar commends the government’s Rs2 trillion SME financing target, aiming to boost economic growth and job creation.
PTI and Federal Government Clash Over KP Governance
Federal ministers and PTI traded accusations over KP governance and security, with both sides blaming each other for the ongoing issues.
FBR halts publication of advance ruling details, raising investor concerns
The Federal Board of Revenue has ceased publishing advance ruling details, raising concerns among non-resident investors over non-processing of application
Search Warrants for Ex-Prince Andrew Quashed
British police have quashed search warrants for properties linked to Andrew Mountbatten-Windsor, who was arrested on suspicion of misconduct in public offi
Foreign investors urge FBR to clarify exemption certificate process
Foreign investors urge Federal Board of Revenue to provide immediate clarity on exemption certificate process to avoid delays in share acquisitions.
Pakistan and Bahrain Agree to Accelerate FTA Talks
Pakistan and Bahrain have agreed to fast-track efforts to finalise the Pakistan-GCC Free Trade Agreement (FTA) and deepen bilateral cooperation in various
Pakistani Poultry Industry Urged to Compete Globally
Adviser to the Prime Minister calls for a comprehensive export strategy to boost Pakistan’s poultry industry.
FBR issues strict procedure for import, export of live animals
The Federal Board of Revenue has issued strict guidelines for the deferment of duties and taxes on live animals and their export…
Pakistani poultry industry urged to develop export strategy
Adviser to Prime Minister Haroon Akhtar Khan calls for a robust export strategy to boost the poultry industry’s global presence.
CDA Allocates Rs. 300 Million for PM Office and Staff Colony Maintenance
The Economic Coordination Committee approved Rs. 300 million for maintenance of the Prime Minister’s Office and Staff Colony, along with other grants…
ECC Approves Key Financing, Sectoral Development Measures
The Economic Coordination Committee has approved investment of Export Development Fund resources in government securities and technical supplementary grant