Illegal Cigarette Network Exposed Under Export Processing Zone Tax Exemptions
A major illegal cigarette network operating under the cover of tax exemptions granted to Export Processing Zones (EPZs) has been uncovered, according to official sources. Authorities allege that expired and near-expiry foreign cigarette brands were being illegally repackaged and distributed in the domestic market and exported to less developed countries. According…
ECC approves low-cost housing scheme
The Economic Coordination Committee of the Cabinet has approved low-cost housing scheme and key infrastructure grants. The ECC, which met in Islamabad today with Finance Minister Muhammad Aurangzeb in the chair, approved revised features of the “Mera Ghar Mera Aashiana,” Mortgage Financing for Low-Cost Housing scheme. The Committee was informed that…
Pakistan Attracts Strong Foreign Investment Across Sectors; SECP
Pakistan is attracting substantial foreign investment across a wide range of sectors, particularly energy, logistics, information technology, and agriculture, largely through partnerships with Pakistani companies. Foreign investors are entering the market through new business establishments, joint ventures, acquisitions, and the expansion of existing operations, reflecting growing economic activity and investor interest.…
Pak-KSA relations touching new heights due to SIFC support
Bilateral relations between Pakistan and Saudi Arabia are touching new heights due to the support of Special Investment Facilitation Council. Following a landmark defense agreement, the two nations are now moving toward a strategic pact intended to add a new dimension to their economic cooperation. Saudi Ambassador Nawaf bin Saeed Ahmad…
Govt committed to advance structural reforms: Aurangzeb
Finance Minister Muhammad Aurangzeb has reiterated the government’s commitment to advance structural reforms and improve governance frameworks. He was talking to the Country Director of the World Bank for Pakistan, Bolormaa Amgaabazar in Islamabad today. During the meeting, strengthening cooperation under the World Bank’s Country Partnership Framework (CPF) and advancing the…
Pakistan’s EV Surge Meets Smart Charging Innovation with Livoltek
Pakistan is rapidly entering an electric mobility era as electric vehicles (EVs) become an increasingly visible part of the country’s transportation landscape. With tens of thousands of EVs already on the road and national targets aiming for a substantial share of EVs in total vehicle sales by 2030, the demand for…
