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Govt, exporters discuss tax regime, trade schemes

[ Meeting underlines need for facilitative measures, improving ease of doing business ISLAMABAD: Minister of State for Finance and Revenue Bilal Azhar Kayani chaired a consultative meeting at the Ministry of Finance with representatives of the business and export sectors to discuss measures aimed at further improving the tax regime, enhancing export facilitation, and promoting … Read more

China restricts light aircraft flights after Beijing tower crash: report

Last Friday, pilot was killed, and 13 were wounded after small plane crashed into one of Beijing’s tallest skyscrapers China restricted private aviation operators from flying light fixed-wing aircraft after a small plane crashed into one of the tallest buildings in Beijing last week, the United Kingdom-based Financial Times reported on Monday. The pilot was … Read more

Pakistan launches urgent LNG tender

[ Strait of Hormuz tensions force spot market purchase; delivery scheduled between Tuesday-Saturday ISTANBUL/ KARACHI: Pakistan has launched an urgent tender to buy a liquefied natural gas (LNG) cargo for delivery this week, as renewed tensions in the Strait of Hormuz disrupt energy flows through one of the world’s most important shipping routes. The state-owned … Read more

PSX dips 1,156 points as early rally fizzles out

[ KARACHI: Trading remained subdued at the Pakistan Stock Exchange (PSX) on Monday as investors were wary of building fresh positions amid persistent geopolitical uncertainty and mixed global market cues. By the close of trading, the KSE-100 index lost more than 1,150 points. Keeping in view the choppy Asian markets, where optimism over artificial intelligence-driven … Read more

SECP approves 10 IPOs in first half of 2026

[ ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has approved ten Initial Public Offerings (IPOs) for listing on the Pakistan Stock Exchange (PSX) during the first half of 2026, according to a statement issued on Monday. Nine companies have already completed their IPOs, raising more than Rs20 billion through public offerings. Book building … Read more

Spain has not barred people from setting air conditioners below 27°C amid heatwave

Viral screenshot is from 2022, when decision was taken to conserve energy amid Russia-Ukraine war A sweltering heatwave has hit Europe, pushing temperatures to record highs in Austria, the Czech Republic, Germany and Poland. Among the countries worst-hit are France and Spain, where scores of people have died due to intense heat. The UN’s climate … Read more