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Rice, textiles, pharma eyed for export growth

[ Officials directed to build on this momentum through market diversification and stronger business-to-business linkages ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has expressed satisfaction over export growth in several emerging markets and directed officials to build on this momentum through market diversification and stronger business-to-business linkages, a statement said on Tuesday. Chairing a … Read more

PSX up 400 points amid mixed trading

[ KARACHI: The benchmark KSE-100 index closed around 400 points higher at the Pakistan Stock Exchange (PSX) on Tuesday in a cautious session that saw the market test but fail to breach the 178,000 resistance zone. Banking and fertiliser stocks provided the main support, with UBL, Meezan Bank and Fauji Fertiliser Company among the largest … Read more

Trump administration issues pause on visa appointments for applicants worldwide

Global training initiative launched at embassies, consulates: appointments for visa services ​will adjust A US flag and a US H-1B Visa application form are seen in this illustration taken, September 22, 2025. REUTERS US President Donald Trump’s administration has ​issued a pause on visa appointments for applicants around the world during ‌an ongoing immigration crackdown by the … Read more

Tokenised bonds for expats in the works

[Pakistan has transitioned from restricting virtual assets to establishing a dedicated regulatory framework, positioning the country for the next generation of digital finance, Chairman Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin Saqib said on Tuesday. Addressing the inaugural Silk Road Finance & Technology Forum in Tashkent, Saqib outlined how artificial intelligence, tokenisation and digital … Read more

Iran says Hormuz transit route with Oman will be 7 miles wide

Iran has agreed with Oman to establish a temporary seven-mile-wide transit route through the Strait of Hormuz, Iranian Deputy Foreign Minister Kazem Gharibabadi said on Tuesday, while stressing that the arrangement does not amount to reopening the strategic waterway. Speaking in an interview with Iranian television, Gharibabadi said the agreed route would run through Iranian … Read more

Inefficiency in coal buying unearthed

[ The increased use of local coal has directly lowered power generation costs. In March 2025, the average fuel cost per unit dropped to Rs12.2, down 27% from Rs16.8 a year earlier. photo: file ISLAMABAD: In a major step to reduce the cost of electricity for consumers, the Power Division has identified significant inefficiencies in … Read more

Pakistan expects US reply on $10bn stabilisation facility ‘soon’

[ Adviser to FinMin says discussions with the US over the proposed facility have been ‘constructive’ Finance Minister Muhammad Aurangzeb meets US Treasury Secretary Scott Bessent in Washignton DC. PHOTO: X Pakistan expects to receive a response from Washington within the next couple of months on its request for a $10 billion bilateral stabilisation facility, … Read more

Assembly seeks swift justice for children

PESHAWAR: The Khyber-Pakhtunkhwa Assembly has unanimously passed a resolution condemning the rising incidents of sexual abuse, violence, abduction and murder of children, demanding a fast-track judicial mechanism for sexual offence cases involving minors. The resolution called for ending the provision of compromise between parties in child sexual abuse cases and providing legal, psychological and social … Read more