ISLAMABAD — Pakistan is moving toward modernizing its textile export sector with the potential introduction of a Digital Product Passport (DPP), a step aimed at enhancing sustainability, transparency, and global compliance. Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, recently met with executives from Octans Digital Pvt. Ltd., part of Interloop Holdings,…
The Finance Division has clarified that a single, uniform honorarium policy governs all federal institutions, aiming to eliminate confusion caused by differing interpretations among autonomous organizations. In a memorandum issued on July 9, 2025, the division responded to concerns raised by the Ministry of Planning, Development and Special Initiatives regarding honorarium disbursements by autonomous bodies….
Gold and silver prices in Pakistan continue to reflect global market movements, with rates varying slightly from city to city depending on local demand and supply. Investors and jewelry buyers alike keep a close watch on these shifts to make informed decisions. Current Gold Prices Silver Rates International Benchmark Gold in Pakistan remains sensitive to…
A sharp increase in US tariffs on Indian basmati rice is giving Pakistan a rare window to boost its footprint in America’s premium rice market. The Biden administration’s move stems from trade tensions with New Delhi, linked partly to India’s energy dealings with Russia. While some goods were spared, basmati rice wasn’t — and now…
Pakistan is stepping up its 5G preparations by overhauling the committee that will oversee the country’s next spectrum auction — a move officials say is crucial to boosting mobile broadband quality and keeping pace with global telecom standards. Push for Faster Rollout The Ministry of Information Technology and Telecommunication recently briefed the Economic Coordination Committee…
Pakistan’s power regulator has slapped hefty fines on two electricity distributors in Sindh after they failed to meet performance and safety standards during the last financial year. The National Electric Power Regulatory Authority (NEPRA) fined Sukkur Electric Power Company (SEPCO) a total of Rs70 million and Hyderabad Electric Supply Company (HESCO) Rs25 million for exceeding…
Pakistan has opened a new customs facility at Angoor Adda, aiming to speed up legal trade with Afghanistan and tighten border controls in a region long known for bustling — and sometimes informal — commerce. The Federal Board of Revenue (FBR) has formally designated the National Logistic Corporation (NLC) Border Terminal at Angoor Adda, South…
ISLAMABAD — Pakistan’s top anti-graft watchdog has posted unprecedented recovery figures for the first six months of 2025, retrieving a total of Rs547 billion in assets and funds, according to its latest mid-year performance report. The National Accountability Bureau (NAB) said the bulk of this came in the April–June quarter, when it managed to recover…
Pakistan and Tajikistan have completed their second joint counterterrorism exercise, “Dosti-II,” held from August 4 to 9 at the Fakhrobod Base in Tajikistan. The training brought together two combat teams from the Pakistan Army’s Light Commando Battalion and four teams from Tajikistan’s Special Forces. Over the course of the week, the troops worked through a…
Pakistan’s Chief of Army Staff, Field Marshal Syed Asim Munir, has wrapped up a series of high-profile meetings in the United States, engaging both American military leadership and the Pakistani diaspora. The visit, confirmed by the Inter-Services Public Relations (ISPR) on Sunday, highlighted ongoing defense cooperation and outreach to overseas Pakistanis. Participation in US Command…