Commerce Reporter

KARACHI: Pakistan is seeking a valuation of at least $1 billion for the iconic Roosevelt Hotel in New York City and is preparing to offer a minority stake in the prime Manhatt

ISLAMABAD: Pakistan recorded its highest-ever inflow of overseas workers’ remittances, totaling $38.3 billion during the fiscal year 2024-25, according to data released

ISLAMABAD: The federal government has fulfilled another condition set by the International Monetary Fund (IMF), making it mandatory for all government officers in Grade 17 and

ISLAMABAD: In a major policy shift aimed at easing import costs, the government on Tuesday announced a significant reduction in regulatory duties on imported food items, vehic

ISLAMABAD: Pakistan’s headline inflation is expected to remain within the 3-4% range in June 2025, according to the Finance Division’s ‘Monthly Economic Upda

ISLAMABAD: In a move to provide relief to households, the government has decided to keep gas tariffs for domestic consumers unchanged, while introducing slight increases in fi

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has reduced the national average Power Purchase Price (PPP) to Rs25.98 per unit for the fiscal year 2025-26

ISLAMABAD: The federal government on Monday presented a Rs28.8 trillion compulsory spending bill in the National Assembly for the upcoming fiscal year, reflecting a 17% reduct

KARACHI: In a potential relief for Karachi’s electricity consumers, the National Electric Power Regulatory Authority (NEPRA) is set to conduct a hearing today (Monday) o

ISLAMABAD: The government has decided to import 750,000 metric tonnes of sugar despite having exported nearly the same amount during the current fiscal year, a move that has c