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