US President Donald Trump on Saturday demanded that American military and commercial ships be allowed to travel free of charge through the Panama and Suez canals, directing Secretary of State Marco Rubio to pursue the matter immediately. In a post on Truth Social, Trump said, “American ships, both military and commercial, should be allowed to […]
A Gujranwala anti-terrorism court on Saturday sentenced the main accused in the assassination attempt on former prime minister and Pakistan Tehreek-e-Insaf (PTI) founding chairman Imran Khan during the Wazirabad, Punjab attack to two separate life terms and imposed a fine of Rs1.5 million. On November 3, 2022, during the former ruling party’s long march in […]
Security forces killed 15 terrorists in three separate engagements in Khyber-Pakhtunkhwa while two soldiers embraced martyrdom during the intense fire exchange. “An intelligence based operation was conducted by the security forces in Karak district on reported presence of Khwarij. During the conduct of operation, own troops effectively engaged the Khwarij location, and resultantly eight Khwarij […]
Four-and-a-half months since the fall of the Assad regime, Pakistan hopes Syria’s new leadership will chart a course toward inclusivity, stability, and prosperity following 14 years of civil war in the Arab country. “After years of conflict and immeasurable suffering, the Syrian people deserve a future that is marked by dignity, stability and opportunity,” Ambassador […]
The UN Security Council has strongly condemned the “terrorist” attack in the Indian-Illegally Occupied Jammu and Kashmir that killed 26 people, as the 15-member body also released Pakistan’s statement outlining its retaliatory countermeasures to New Delhi’s “reckless” steps announced in the wake of the April 22 incident. In a press statement, the Council members called […]
Pakistan has put in a request to China to augment its existing swap line by 10 billion yuan ($1.4 billion), Finance Minister Muhammad Aurangzeb said, adding he expected the country would launch a Panda bond before year-end. Pakistan has an existing 30 billion yuan swap line already, Aurangzeb told Reuters in an interview on the […]
Pakistan’s Information Technology (IT) companies have strongly demanded the government to rationalise taxes on the IT sector in order to enhance its exports manifold in the coming years. Muhammad Umair Nizam, Senior Vice Chairman of the Pakistan Software Houses Association (P@SHA), called for a major reduction in the burden of income tax on employees’ salaries […]
In a collaborative effort to strengthen Pakistan’s export sector, Chief Collector of Customs (Export) Mohammad Sadiq reaffirmed the commitment of customs authorities to work closely with the Karachi Chamber of Commerce and Industry (KCCI) to promote seamless trade operations. Speaking at a meeting during his visit to the KCCI, the chief collector emphasised the longstanding, […]
A minister’s complaint cell has been launched as a key component of the upcoming comprehensive reforms in the maritime sector in a bid to promote transparency and ensure faster delivery of public services. In line with the vision of Prime Minister Muhammad Shehbaz Sharif, Federal Minister for Maritime Affairs Junaid Anwar Chaudhry launched the complaint […]
Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, reaffirmed Pakistan’s improving macroeconomic stability and positive outlook during a series of high-level meetings with senior executives from some of the world’s leading financial and investment institutions, including JP Morgan, Standard Chartered, Deutsche Bank, Jefferies, and major credit rating agencies, held on the sidelines of […]