ECC Approves Markup Subsidy Scheme to Support Affordable Housing Finance
A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held today under the chairmanship of Federal Minister for Finance Senator Muhammad Aurangzeb to deliberate on a range of important agenda items concerning industrial growth, environmental policy, skill development, housing finance,
FBR to Take Action Against Non-Compliant Terminal Operators at Ports and Borders
The Federal Board of Revenue (FBR) will suspend/cancel registration of Terminal Operators of sea port/off-dock terminal/dry port or land border station, in cases where there is non-compliance to the minimum laid down requirements. According to the customs general order (CGO) 7 of 2025
OCAC Warns of Potential Industrial Collapse as Furnace Oil Prices Set to Rise by 80%
The Oil Companies Advisory Council (OCAC) has warned that new petroleum and climate support levies on furnace oil will increase its price by over 80 percent, making its use unviable for key industries, shipping companies, and power producers. OCAC Chairman Adil Khattak, in
Government Proposes Over Rs. 20 Billion for Space Projects in Upcoming Fiscal Year
Ahead of the federal budget 2025-26, the government has proposed allocations of over Rs. 20 billion for major satellite-related projects under the Public Sector Development Program (PSDP), sources told ProPakistani. An amount of Rs. 18.13 billion has been allocated for the Pakistan Multi-Mission
Temu’s Price War Is a Trojan Horse Hurting Pakistan’s Economy
Temu’s aggressive digital advertising in Pakistan is shaping the perception that it’s a game-changer for affordable online shopping in a market as price-sensitive as ours. The global platform, owned by e-commerce giant PDD Holdings, offers steep discounts on a wide variety of goods,
