Over the past sixteen months, more than 1,600 textile factories in the country have ceased operations, as revealed by Interim Commerce Minister Dr. Gohar Ijaz. This alarming trend has cast a shadow across the entire textile industry, encompassing every aspect of its value chain, from ginning and ...

The interim government has hiked the petrol levy by Rs5 per liter, setting it at Rs60 per liter. The high-speed diesel levy remains steady at Rs50 per liter, with no sales tax applied to either petrol or diesel. Under the agreement made with the IMF, the previous administration had committed ...

The Suzuki Motors has temporarily shut down their vehicle production plant in Pakistan after running out of raw material stocks and non-clearance of imported goods. The company declared that the plant will remain closed from February 13 to 17. The company, however, announced that its motorbike ...

ISLAMABAD – In another bid to conserve energy, the Pakistan government has decided to shut markets, and restaurants across the country at 8 pm, while wedding halls will be allowed to continue functions till 10 pm. Defense Minister and PML-N stalwart Khawaja Asif makes the announcement as the ...

The National Bank of Pakistan (NBP) shut down three foreign branches in different countries namely Bangladesh (Sylhet), Afghanistan (Jalalabad), and Uzbekistan (Tashkent) in recent months, according to officials. The closure of foreign branches is being done under the bank management’s plan to ...

ISLAMABAD: Internet speed will suffer a decline due to power reconfiguration on a section of one of its six international submarine cables on April 21. According to a notification issued by the Pakistan Telecommunications Authority (PTA), some consumers could face bandwidth problems or slow ...

ISLAMABAD- In Indian illegally occupied Jammu and Kashmir, the continued internet shutdown after 5 August 2019 has inflicted heavy losses on the local businesses community. Kashmir Chamber of Commerce and Industry has estimated a whopping 400 billion rupees loss to Kashmir economy in the last one ...

ISLAMABAD-Iran said on Saturday that it cannot afford to shut down its sanctions-hit economy, even as the country's novel coronavirus outbreak worsens with record-high death tolls and rising infections.Iran must continue "economic, social and cultural activities while observing health protocols", ...

KABUL - Pakistan has decided to shut down its embassy in Kabul for an indefinite period due to recent incident of harassment of its staff and officers. The embassy said that it was halting its operations from Monday onwards for an indefinite period due to security reasons, local media reported. ...

KABUL - Afghanistan Ambassador in Pakistan Shukrullah Atif Mashal has threatened to close Afghan Consulate, Peshawar if their flag hoisted on Afghan property in Peshawar was removed. Addressing a press conference here on Wednesday, the Afghan Ambassador expressed great annoyance over the removal ...