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OPEC+ makes another large oil output hike in market share push

Pakistan, Aug. 4 -- OPEC+ agreed on another bumper oil production increase for September, completing its current tranche of supply revival one year early, and indicated it may consider reviewing the n... Read More


PIA privatisation process gears up with investor visits

Pakistan, Aug. 4 -- The privatisation process of Pakistan International Airlines (PIA) has accelerated and entered a fast track, as designated representatives from pre-qualified companies start site v... Read More


Nishat Group unveils OMODA, JAECOO at landmark launch event

Pakistan, Aug. 4 -- One of Pakistan's largest business conglomerates, Nishat Group, through its subsidiary Nexgen Auto, has officially introduced the renowned automotive giant Chery International's gl... Read More


Pakistan, China discuss ways to cement economic ties

Pakistan, Aug. 4 -- Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, met with Mr. Lu Hao, President of China's Development Research Center (DRC) and Centre fo... Read More


Traders warn rising inflation fueling pressure on trade and economy

Pakistan, Aug. 4 -- The Pakistan Industrial and Traders Associations Front (PIAF) has sounded a warning that rapidly rising inflation-driven by escalating food and energy prices-is placing immense pre... Read More


PIDE's deregulation plan promises billions in farmer benefits

Pakistan, Aug. 4 -- The Pakistan Institute of Development Economics (PIDE) has released a game-changing policy blueprint titled "Towards a Free Market: A Blueprint for Wheat Sector Deregulation," auth... Read More


BML declares half-year pre-tax profit of Rs1.44bn

Pakistan, Aug. 4 -- BML has achieved a historic milestone by reporting a profit before tax of Rs. 1.44 billion and after-tax profit of Rs. 707 million for half year ended June 30, 2025 - the first pro... Read More


'Trump tariffs unlikely to budge'

Pakistan, Aug. 4 -- The tariffs United States President Donald Trump imposed last week on scores of countries are likely to stay in place rather than be cut as part of continuing negotiations, Trade R... Read More


FBR forms panel on sales tax issue

Pakistan, Aug. 4 -- The Federal Board of Revenue (FBR) has constituted two high-level committees to ensure accountability, fairness, and transparency in actions taken by tax officials under Section 37... Read More


53,000 MT sugar released by mills

Pakistan, Aug. 4 -- A total of 53,000 metric tons of sugar was released collectively by four sugar mills in the district to ensure the availability of sugar, stabilize prices, and provide relief to th... Read More