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Commerce minister reaches Iran on three-day visit to boost economic ties

Federal Commerce Minister Jam Kamal Khan reached Tehran on Sunday for a three-day official visit to boost economic relations between Pakistan and Iran, according to a press release from the commerce ministry. Pakistan and Iran share close ties and have signed multiple agreements across sectors such as energy and trade. According to the press release, Khan is expected to lead the Pakistan-Ira

Stakeholders differ over flood impact on supplies

Business stakeholders have expressed divergent views on the impact of floods on supply chains, with some citing delays in interprovincial cargo movement and crop damage, while others insist supplies of food, fuel and medicines remain normal. The federal government has already imposed a climate change and agriculture emergency after floods in Punjab moved downstream towards Sindh, heightening fe

Zardari calls for deeper Pak-China cultural ties

President Asif Ali Zardari on Saturday reaffirmed Pakistan’s readiness to work with China and other natio­­ns to expand cultural exchanges, strengthen creative industries and promote understanding and a culture of tolerance. He said culture remained a vital bridge to peace, prosperity, and a shared future for humanity. The president addressed the Second Golden Panda Awards International Cult

Shabbar Zaidi warns crypto could serve as hawala alternative

Pakistan cannot regulate cryptocurrencies within its current financial system, as the State Bank tightly manages foreign exchange, but virtual assets may still serve as an alternative to hawala, said former Federal Board of Revenue (FBR) chairman and economist Shabbar Zaidi. Speaking at a session on Adopting Digital Currency and Cryptocurrency in Pakistan: Possibilities and Concerns, organised

Textile exports hinge on European Union

Pakistan’s textile and apparel exports presented a mixed picture in the first two months of FY26, with steady growth in the European market offset by stagnation in the United States, modest gains in the United Kingdom, and volatility in smaller destinations such as the UAE and Bangladesh. The Pakistan Textile Council’s latest report, released on Saturday, underscored the industry’s heavy relian