Exports rise to $31.75b despite global headwinds

[ Listen to article ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan chaired a high-level meeting of the Trade Review Committee on Friday to assess Pakistan’s trade performance for FY2024–25. The meeting brought together senior officials from the ministry to evaluate sector-wise progress and set forward strategies amid global trade challenges, according to an official statement. Despite … Read more

Senate panel gives NHA deadline on N-55 project

[ Listen to article ISLAMABAD: The Senate Standing Committee on Economic Affairs Division met at the Parliament House on Friday under the chairmanship of Senator Saifullah Abro to address critical concerns over dualisation of N-55 project. It gave the National Highway Authority (NHA) a stringent deadline of two weeks to furnish additional information crucial for finalising proceedings … Read more

PSX soars to record high above 141k

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Listen to article KARACHI: The Pakistan Stock Exchange closed the week on a strong note on Friday as the KSE-100 index surged 1.18% to reach an all-time high of 141,035 points. The bullish momentum was driven by investor optimism following a landmark reciprocal tariff deal with the United States, under which Pakistan’s exports would face a reduced … Read more

Gas, sugar and footwear drive annual SPI higher

Listen to article KARACHI: The Sensitive Price Indicator (SPI) recorded a year-on-year (YoY) increase of 1.98% for the week ended July 31, 2025, reflecting mixed trends across essential commodities. Notable price hikes were seen in gas, sugar, pulses, beef and vegetable ghee, while non-food items like ladies’ sandals registered the biggest increase of 55.62%. On a YoY … Read more

Top EU court rebukes Italy over Albania migrant transfers

ROME: The European Union’s top court on Friday backed Italian judges who questioned a list of “safe countries” drawn up by Rome to deport migrants to detention centres in Albania. The hard-right government of Prime Minister Giorgia Meloni denounced the European Court of Justice’s ruling and said it “weakens policies to combat mass illegal immigration”. … Read more

Tariff deal with US to boost exports: Finance ministry

[ Listen to article ISLAMABAD: The new tariff agreement between Pakistan and the US is expected to enhance market access, strengthen trade flows and boost exports from various sectors, thereby contributing to economic growth, the Ministry of Finance said on Friday. In a press statement, the ministry expressed satisfaction over the successful conclusion of tariff-related discussions with … Read more

Trader e-invoice deadline extended

[ Listen to article ISLAMABAD: The government on Friday gave a seven-month extension to traders in real-time electronic transmission of sales tax receipts to the computers of the Federal Board of Revenue (FBR), accepting the impracticality of the earlier deadlines and addressing one of the four concerns of the business community. The FBR issued a new statutory … Read more