ECC Approves Markup Subsidy Scheme to Support Affordable Housing Finance

ECC Approves Markup Subsidy Scheme to Support Affordable Housing Finance

Jul 26, 2025

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,

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FBR to Take Action Against Non-Compliant Terminal Operators at Ports and Borders

FBR to Take Action Against Non-Compliant Terminal Operators at Ports and Borders

Jul 14, 2025

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

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OCAC Warns of Potential Industrial Collapse as Furnace Oil Prices Set to Rise by 80%

OCAC Warns of Potential Industrial Collapse as Furnace Oil Prices Set to Rise by 80%

Jul 3, 2025

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

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Temu’s Price War Is a Trojan Horse Hurting Pakistan’s Economy

Temu’s Price War Is a Trojan Horse Hurting Pakistan’s Economy

May 19, 2025

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,

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Pakistani Company Wins Top Honors at World’s Largest Olive Oil Competition

Pakistani Company Wins Top Honors at World’s Largest Olive Oil Competition

May 18, 2025

Loralai Olives has become the first Pakistani brand to win Silver at the NYIOOC World Olive Oil Competition for its Arbequina monovarietal. The company operates a 40-hectare farm in Loralai, Balochistan. It cultivates Arbequina and Coratina olives selected for compatibility with the region’s

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Shipping Companies Levy Heavy Surcharge on Pakistan Route

Shipping Companies Levy Heavy Surcharge on Pakistan Route

May 9, 2025

Foreign shipping lines are imposing up to $800 freight charges on Pakistan-bound and outbound cargo Some top container shipping firms have levied a Emergency Operational Recovery Surcharge (EORS) of $300–$800 per unit starting May 15 to all shipments to and from Pakistan, including

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Daraz Pakistan and Unity Retail Partner to Streamline Business Deliveries Nationwide

Daraz Pakistan and Unity Retail Partner to Streamline Business Deliveries Nationwide

Apr 26, 2025

Daraz Pakistan has entered into a strategic partnership with Unity Retail, Pakistan’s leading e-commerce enablement platform, to simplify and digitise logistics operations for major brands across the country. This collaboration marks a significant step in Daraz’s evolution as the company begins offering logistics

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Following US troubles and EU complaints, Temu now exposed for misleading marketing and poor service in Pakistan

Following US troubles and EU complaints, Temu now exposed for misleading marketing and poor service in Pakistan

Apr 17, 2025

Temu, the international shopping app known for its eye-catching discounts and relentless advertising, is facing increasing criticism in Pakistan. Already under scrutiny in the United States for allegedly product dumping and facing antitrust complaints in Europe, the company is now being called out

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PTA Allocated More for Allowances Than Salaries Over the Past 3 Years

PTA Allocated More for Allowances Than Salaries Over the Past 3 Years

Apr 5, 2025

The Pakistan Telecommunication Authority (PTA) has spent more on allowances than salaries for its officers in the past three years, official data reveals. From 2021 to 2024, allowances paid to Grade 17 and above amounted to Rs. 100 million, surpassing their total salaries

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Pakistan Launches First PKR-Denominated Green Bond to Accelerate Climate Finance

Pakistan Launches First PKR-Denominated Green Bond to Accelerate Climate Finance

Mar 22, 2025

In a groundbreaking move for Pakistan’s sustainability-focused financial sector, Parwaaz Financial Services Limited (PFSL), a subsidiary of Karandaaz Pakistan, has launched the country’s first-ever PKR-denominated Green Bond under the Parwaaz Green Action Bond initiative. The bond, which is also the first ever Green

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