Pakistan’s Federal Board of Revenue (FBR) has earned global recognition after being invited by the World Bank to present its comprehensive tax transformation as a case study in public sector reform during the annual meetings held in Washington, D.C. The session was attended by Federal Minister for Finance and Revenue Muhammad Aurangzeb, FBR Chairman Rashid…
ISLAMABAD – Pakistan is set to host the Regional Transport Ministers Conference (RTMC) on October 23–24, 2025, at the Jinnah Convention Centre, with participation from ministers and senior officials representing 27 countries. The major international event will focus on enhancing connectivity, promoting trade, and strengthening regional cooperation across transport sectors. The two-day conference aims to…
In a major step toward strengthening regional connectivity, Iran Air has announced the launch of direct flight operations between Mashhad and Lahore, beginning October 29, 2025. According to the airline, the new route will operate once a week, providing travelers with a convenient and direct link between Iran and Pakistan. The service aims to facilitate…
Samsung’s long-rumored Tri-Fold foldable smartphone appears to be closer to an official global debut than ever before. According to recent leaks, the innovative device, which has been in development for years, may soon be available across multiple regions — expanding beyond its initially rumored limited release. A new report from SamMobile suggests that Samsung has…
Karachi, July 4, 2025 – Bank Makramah Limited (BML) is making significant strides in its recapitalization efforts, reinforcing its commitment to long-term financial stability and growth. This progress is supported by a recent PKR 5 billion deposit from His Excellency Nasser Abdulla Hussain Lootah, BML’s esteemed Sponsor. This amount, to be recorded as an advance…
Pakistan’s large-scale manufacturing sector reported a year-on-year growth of 2.3% in April 2025, signaling a cautious rebound in industrial activity, as per the latest data released by the Pakistan Bureau of Statistics (PBS). However, the sector witnessed a 3.2% month-on-month contraction, highlighting persisting volatility in production trends. During the first 10 months of FY25 (July-April),…
Lahore, Pakistan, June 16, 2025 — Xiaomi and Polyphony Digital today announced a landmark partnership at Round One of the Gran Turismo World Series 2025. Under this collaboration, Xiaomi SU7 Ultra — Xiaomi EV’s top-of-the-line high-performance luxury electric vehicle — will debut in the globally acclaimed racing simulator Gran Turismo 7, for PlayStation 4 and…
Pakistan’s construction sector and overseas Pakistanis are set to receive considerable relief under the proposed Budget 2025-26, reflecting Prime Minister Shehbaz Sharif’s direct intervention to address longstanding bottlenecks and boost economic growth. Sources within the Federal Board of Revenue (FBR) have disclosed that the budget will remove the Federal Excise Duty (FED) on property transactions…
Pakistan International Airlines Expands Global Connectivity Pakistan International Airlines (PIA) has made a strong comeback on the international front, reinstating eight key routes over the past six months. According to details shared by the Aviation Ministry in the National Assembly, these routes include major destinations across the Middle East and Europe. Key Restored Routes and…
VPN Usage Overburdening Internet Bandwidth The Pakistan Telecommunication Authority (PTA) has identified excessive Virtual Private Network (VPN) usage as a key factor behind the recent internet slowdown in Pakistan. According to PTA’s report, the widespread use of VPNs has significantly increased the demand on available bandwidth, resulting in sluggish speeds across the country. Bandwidth Strain…