Prime Minister Shehbaz Sharif was informed on Wednesday that discussions between Federal Board of Revenue (FBR) and provincial authorities on standardising taxes in the construction sector are ongoing, while consultations on draft reforms for home mortgages continue. During a meeting of the Federal Ministry of Housing and Works, chaired by the PM, officials presented the ministry’s strategic ro
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) have expressed serious concern over the unilateral imposition of additional charges on export cargo by Ground Handling Agencies (GHAs). Zaki Ejaz, Regional Chairman and Vice President of FPCCI, stated that Gerry’s dnata and Raas (AMI) Air Menzies International have levied an extra fee of 25 to 50 rupees per kilogram on export car
Oil prices rose more than 5 percent on Wednesday after Iran’s Revolutionary Guards threatened to attack several energy facilities across the Middle East in retaliation, heightening the risk of further disruptions to energy supplies in the region. Brent futures rose USD5.26, or 5 percent to USD108.66 a barrel at 1105 a.m. ET (1505 GMT) on Wednesday, having risen to as high as USD109.95 earlier i
Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on its South Pars gas field, a major escalation in Tehran’s war with the U.S. and Israel. Brent futures were up $3.69, or 3.44%, to $111.07 by 0142 GMT, while U.S. West Texas Intermediate crude rose $2.29, or 2.38%, to $98.61. Brent closed up 3.8% on Wednesday,
The Ministry of Commerce has formally sought the intervention of aviation authorities over complaints from meat exporters regarding additional logistics charges imposed on export consignments, marking a significant development in an ongoing dispute that industry representatives warn could disrupt Pakistan’s meat exports. In an official letter dated March 17, 2026, the Ministry of Commerce asked