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‘Pakistan needs modern ports to handle larger vessels’

Pakistan need modern ports to handle larger vessels, including mother ships, and to manage higher volumes of containerized and break bulk cargo said Ateeq Ur Rehman economic & financial analyst. It is extremely appreciated that CM Sindh Murad Ali Shah talked about easing congestion at Karachi Port, proposing and revisiting plans to expand or diversify port Infrastructure beyond Karachi or explo

MoF welcomes resolution of Rs1.225trn CD issue

The Finance Ministry termed the Rs. 1,225 billion power sector circular debt resolution a decisive step towards fiscal discipline, investors’ confidence through collective effort to address one of the most chronic challenges of Pakistan’s energy sector. The ministry issued an official statement on Thursday, welcoming the successful resolution of Rs. 1,225 billion power sector circular debt, ach

Pakistan gearing up to assemble 57-80hp Belarus tractors

Pakistan is gearing up to locally assemble 57–80 horsepower Belarus tractors, in what officials described as a breakthrough for the country’s agricultural and industrial sectors. Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, while chairing a high-level meeting with representatives from private tractor investors, Margalla Heavy Industries Ltd, H

Russia to partially ban diesel exports, extend gasoline curbs

Russia will introduce a partial ban on diesel exports until the end of the year and extend an existing ban on gasoline exports, Deputy Prime Minister Alexander Novak was quoted as saying on Thursday, following a spate of Ukrainian drone attacks on Russian refineries. The attacks have reduced Russian oil refining by almost a fifth on certain days and cut exports from key ports. The fall in capac

Actual market value of assets: No changes or amendments in Tax Return Form-2025: FBR

The Federal Board of Revenue (FBR) has clarified that no changes or amendments have been introduced in the Income Tax Return Form-2025 through any SRO for the declaration of the actual market value of assets. According to a clarification issued by the FBR on Thursday, the FBR has clarified that misinformation is being spread on social media groups regarding the new Income Tax Returns 2025. T