SMEDA, PMN to aid micro-enterprises

[ LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) and the Pakistan Microfinance Network (PMN) have agreed to collaborate on enhancing financial facilities for micro-enterprises in Pakistan. According to a statement issued on Wednesday, SMEDA CEO Socrat Aman Rana and PMN CEO Syed Mohsin Ahmed met at SMEDA’s head office along with their teams … Read more

Israeli drone attacks UN peacekeepers

BEIRUT: The United Nations said Wednesday that Israeli drones dropped four grenades near UN peacekeepers in Lebanon, with Israel insisting there was “no intentional fire” at the force. UNIFIL, the UN Interim Force in Lebanon, called Tuesday’s incident “one of the most serious attacks” since a November ceasefire ended last year’s war between Israel and … Read more

Govt to seek IMF nod for CPP levy

[ ISLAMABAD: The government has decided to seek the consent of the International Monetary Fund (IMF) for diverting the collection of a levy from captive power plants (CPPs) to electricity consumers. Already, a proposal has been approved that the CPP levy will be utilised to provide relief to consumers. The issue was taken up in … Read more

Trump plans talks on Ukraine

WASHINGTON/BEIJING: United States President Donald Trump said on Wednesday he plans to hold talks about the war in Ukraine in the coming days after his Alaska summit with Russian President Vladimir Putin in August failed to achieve a breakthrough. Trump said he would be holding talks in the next few days. A White House official … Read more

Textile innovators forge new pathways

[ SHANGHAI: Five of Pakistan’s leading textile and apparel manufacturers are capturing international attention at the ongoing Intertextile Shanghai Apparel Fabrics— Autumn Edition 2025, a global trade event taking place from September 2 to 4. Their presence underlines the vibrant revival of Pakistan’s textile sector, which is riding a wave of impressive export growth. The industry … Read more

Heavy rain lashes northern India

NEW DELHI: Flooding across northern India killed at least five people on Wednesday, officials said, with more thunderstorms expected and local media reporting that 10,000 people have been evacuated from the river banks in capital Delhi. The monsoon season in India has been particularly intense this year, killing at least 130 people in August alone … Read more

LCCI calls for rainwater harvesting dams

[ LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to immediately launch a nationwide programme for constructing rainwater harvesting dams to shield Pakistan from recurring floods and looming droughts. In a statement on Wednesday, LCCI President Mian Abuzar Shad, Senior Vice President Engineer Khalid Usman, and Vice President Shahid Nazir … Read more

Compliance with SPS standards a must: minister

[ ISLAMABAD: Federal Minister for National Food Security and Research Rana Tanveer Hussain has reiterated that compliance with sanitary and phytosanitary (SPS) regulations is a cardinal principle of international trade in agro-products. “These rules are not a formality; they are the lifeline of our export system, safeguarding food safety, public health and the biosecurity of … Read more