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Listen to article WASHINGTON: US President Donald Trump abruptly cut off trade talks with Canada on Friday over its tax targeting US technology firms, saying that it was a “blatant attack” and that he would set a new tariff rate on Canadian goods within the next week. The move plunges US Canada relations back into chaos after…

ISLAMABAD: Federal Minister for IT and Telecommunication Shaza Fatima Khawaja held a high-level meeting with Saudi Minister for Communications and Information Technology Engineer Abdullah Al-Swaha to enhance collaboration in emerging technologies, artificial intelligence (AI) and digital infrastructure. The two sides discussed the establishment of the Pakistan Digital Corridor to China and Central Asia to strengthen…

Listen to article KARACHI: The State Bank of Pakistan (SBP) injected Rs12.38 trillion into the financial system through two separate Open Market Operations (OMOs) on June 27, 2025, to manage the liquidity vacuum caused by Eid-related cash demand and fiscal needs of the government constrained by International Monetary Fund (IMF) conditions. The larger of the two was…

Listen to article KARACHI: B2B e-commerce platform Alibaba.com has announced a newly expanded pitch competition, CoCreate Pitch, which will take place at the company’s annual CoCreate event. The competition will allow global small and medium enterprises (SMEs) with product ideas to compete for a $1 million prize pool. Selected SMEs and entrepreneurs from Pakistan will have the…

KARACHI: Gold prices in Pakistan remained largely flat on Wednesday, mirroring global trends where prices eased due to reduced safe-haven demand following signs of de-escalation between Israel and Iran. Investors also remained cautious ahead of upcoming US economic data. In the domestic market, the price of gold rose slightly by Rs300 to settle at Rs354,665…

ISLAMABAD: The government may have generated a revenue of Rs44 billion after the imposition of 18% General Sales Tax (GST) on dairy products in the last budget. However, this move has also resulted in a 20% drop in the production and sales of these products in Pakistan. Some key office-bearers of the Pakistan Dairy Association…

Listen to article ISLAMABAD: Navigating a complex domestic and global landscape, Pakistan stands at a critical juncture. The recently unveiled budget for fiscal year 2025-26, while a step towards fiscal consolidation, underscores the nation’s pressing need for a comprehensive and sustained five-year economic policy. Such a policy must not only address immediate crises but also lay the…

Listen to article KUNMING: With the growing popularity of Pakistani products such as fresh fruits, pink Himalayan salt and handcrafted goods among Chinese consumers, more and more Pakistani companies are using CPEC and the expo platform to reach Chinese buyers. At this year’s 9th China-South Asia Expo, Pakistan’s pavilion occupied a prominent space. Many Pakistani businesspeople brought…

Listen to article KARACHI: Representatives of the Salaried Class Alliance Pakistan have raised serious concerns over the proposed Finance Bill 2025-26, calling it unfair to the country’s most tax-compliant group. Speaking at a press conference at the Karachi Press Club on Thursday, alliance members Bilal Farooq Alvi, Rizwan Hussain, Adeel Khan, and Lesha Fazal said salaried individuals…