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Sindh allows PTI rally at Bagh-e-Jinnah

K-P Chief Minister Sohail Afridi waves to the supporters during a rally in Hyderabad. Photo: INP KARACHI/HYDERABAD: The Sindh government on Saturday allowed Pakistan Tehreek-e-Insaf (PTI) to hold a public rally at Bagh-e-Jinnah, issuing a no-objection certificate (NOC) with conditions, as Khyber Pakhtunkhwa Chief Minister Sohail Afridi vowed to press ahead with a nationwide street … Read more

Govt appoints new SECP chairman

[ . Dr Kabir Ahmed Sidhu. Photo: file ISLAMABAD: The federal government has approved the appointment of Dr Kabir Ahmed Sidhu as the new chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. The decision was notified by the Finance Division. Sidhu is currently serving as the chairman of the Competition … Read more

Cabinet calls for developing digital infrastructure

[ Proposal is to let public sector entity acquire/lay optic fibre infrastructure and sell onwards. PHOTO: FILE ISLAMABAD: Cabinet members have suggested that half of telecom spectrum auction proceeds should be deposited with the Universal Service Fund (USF), the entity responsible for developing digital infrastructure in the country. The suggestion came in a recent meeting … Read more

Pakistan, Indonesia to set up trade body

ISLAMABAD: Pakistan and Indonesia have strengthened economic partnership with the signing of a memorandum of understanding (MoU) on the establishment of the Joint Trade Committee (JTC), creating an institutional platform to enhance trade dialogue. The MoU was signed following high-level talks held on Friday, led by Federal Minister for Commerce Jam Kamal Khan and visiting … Read more

CY26 buying, macros propel PSX further higher

[ Shares of 324 companies were traded. At the end of the day, 90 stocks closed higher, 211 declined and 23 remained unchanged. PHOTO: FILE KARACHI: Pakistan’s equity market opened the new year on a strong footing as the benchmark KSE-100 index extended its bullish momentum in the second week, climbing 5,375 points, or 3% … Read more

Secretary backs export tax relief, cheaper energy

[ FPCCI consultative session in Karachi draws textile, agro, tourism and logistics bodies KARACHI: Federal Secretary for Commerce Jawad Paul on Saturday agreed that exporters need regionally competitive energy costs and more facilitative taxation measures, as government officials and trade bodies reviewed export performance in Karachi. The statement said the meeting aimed to formulate strategies … Read more

Sugar deregulation risks flagged

Sugar. Photo: file LAHORE: Pakistan’s plan to fully deregulate its sugar sector after nearly eight decades of state control has entered a decisive phase, with the Institute of Cost and Management Accountants of Pakistan (ICMA) cautioning that market freedom without strong oversight could deepen long-standing problems instead of resolving them. In a detailed policy report, … Read more