ISLAMABAD: Prime Minister Shehbaz Sharif on Friday highlighted his country’s strategic position as a regional tri-junction linking China, Central Asia and the Middle East, saying it offered potential to boost trade, transport and digital cooperation across the region.
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SBP expected to hold interest rates steady amid flood-driven inflation pressures
KARACHI: The central bank is poised to keep its key interest rate unchanged at 11 percent when it announces its decision on Monday, according to a Reuters poll of analysts, as devastating floods and border disruptions with Afghanistan continue to fuel food price surges and constrain options for further monetary easing.
Interior ministry declares TLP a terrorist group following deadly clashes
ISLAMABAD: The interior ministry on Friday declared the religiopolitical party Tehreek-i-Labbaik Pakistan a proscribed organisation, accusing it of links to terrorism and citing a history of violent protests that have repeatedly disrupted the country and led to deaths.
Stormfiber says internet services to be fully restored by Monday after undersea cable faults
KARACHI: The internet service provider Stormfiber said on Friday its services would be fully restored by Monday after disruptions over the past week caused by faults in undersea cables.
Court orders blocking of Imran Khan’s sister’s ID and passport after repeated absences in protest trial
RAWALPINDI: A court on Friday ordered the blocking of the national identity card and passport of Aleema Khan, the sister of former Prime Minister Imran Khan, after she failed to appear for a hearing in a case stemming from a chaotic antigovernment protest last year, despite the execution of a non-bailable arrest warrant against her.
Eight ‘Indian-sponsored’ militants killed in KP operation; three police officers die in Hangu blasts
ISLAMABAD: Security forces killed at least eight “Indian-sponsored” terrorists during an intelligence-led operation in the restive Khyber-Pakhtunkhwa province on Friday, even as separate blasts in another district claimed the lives of three police officers, including a senior superintendent, underscoring the persistent threat of insurgent violence in the region.
Millions of Pakistani account holders face service limits under new biometric rules
KARACHI: The central bank will impose new rules from Friday requiring biometric verification as the primary method for opening and operating digital bank accounts and wallets, a move that could disrupt services for potentially tens of millions of customers who have yet to comply.
Pakistan keeps Afghan border closed to transit trade over security fears
ISLAMABAD: Pakistan said on Friday it would keep its border crossings with Afghanistan closed to transit trade indefinitely, citing persistent security threats from across the frontier, even as a fragile ceasefire holds following weeks of deadly clashes.
Pakistan recall Babar Azam for home white-ball series against South Africa, Sri Lanka
ISLAMABAD : Former captain Babar Azam returned to Pakistan’s T20 international squad on Thursday as selectors named teams for upcoming white-ball series against South Africa and Sri Lanka, as well as a tri-series also involving Zimbabwe.
Pakistan offers Rs22.98/unit power to industry, agriculture to revive growth
ISLAMABAD: Pakistan on Thursday launched a three-year subsidy package offering cut-rate electricity to its industrial and agricultural sectors in a bid to spur exports and job growth, despite ongoing IMF pressure to curb untargeted energy support.