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Corporate rules still blocking women out

[ KARACHI: Pakistan has one of the lowest rates of female entrepreneurship in the world. According to the World Bank and the Women Entrepreneurs Finance Initiative (We-Fi), only around 1% of entrepreneurs in Pakistan are women. The Asian Development Bank further reports that women own less than 8% of the country’s small and medium-sized enterprises, … Read more

Iran expands attacks on Gulf states after US strikes, says Strait of Hormuz closed

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, July 8, 2026. PHOTO: REUTERS US and Iranian forces have exchanged heavy missile and drone assaults, with Tehran targeting US facilities in states across the Gulf ​on Sunday and saying it had again closed the vital Strait of Hormuz. The renewed violence casts further … Read more

Trade promotion paradox: billions spent, exports fall

[ Pakistan can no longer afford to treat export growth as administrative luxury; it is macroeconomic necessity ISLAMABAD: Let us monetise the total export subsidies and incentives, foregone taxes on exporters, expenses on the Trade Development Authority of Pakistan (TDAP), commercial diplomacy, and the overseas exhibitions and trade fairs organised; the net exports of Pakistan … Read more

A tax system based on extortion

[ ISLAMABAD: Pakistan’s taxation debate returns every year pre- and post-budget with the same predictable outcome: higher taxes, harsher enforcement, and deeper pressure on an already shrinking formal economy. Yet despite repeated fiscal tightening, the country continues to face low compliance, weak documentation, capital flight, and slowing economic activity. Finance Minister Muhammad Aurangzeb in his … Read more

Peshawar’s lamb cravings defy soaring prices

PESHAWAR: Despite rising inflation and prices touching Rs3,500 per kilogram, Peshawar’s legendary appetite for namkeen gosht (salted lamb Karahi) remains undiminished, with residents and visitors continuing to flock to restaurants for this signature local delicacy. According to local estimates, meat from fat-tailed sheep worth more than Rs50 million is consumed across the city every day. … Read more

Senior bureaucrat ends life in tragic shooting

. PESHAWAR: A senior bureaucrat in Peshawar allegedly committed suicide in a tragic incident that has sent shockwaves through the province’s administrative circles. According to police officials, Grade-18 government officer Javed Sanam ended his life by shooting himself inside his home. The tragic incident came to light when family members discovered the body and immediately … Read more

Delayed salaries deepen TMA crisis

. PESHAWAR: Municipal employees across Khyber-Pakhtunkhwa are grappling with a severe financial crisis as the Local Government Department has failed to release timely salaries and pensions to Tehsil Municipal Administration (TMA) staff. According to the employees, the chronic delay in fund releases has become a monthly ordeal, pushing many families toward hardship. They accuse the … Read more