ISLAMABAD: President Donald Trump welcomed Field Marshal Syed Asim Munir, the chief of Pakistan’s army, to the White House on Wednesday, a historic encounter that made Munir the first serving Pakistani military leader to meet a sitting US president without holding political office.
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Manufacturing growth masks broader decline in fiscal 2025
ISLAMABAD: Pakistan’s large-scale manufacturing sector grew 2.29% in April from a year earlier, but the uptick couldn’t reverse a 1.52% contraction over the first 10 months of fiscal 2025, highlighting persistent economic strain.
After India’s Vance meet, Pakistan lands Trump lunch with top general
ISLAMABAD: President Donald Trump will host Pakistan’s top military official, Field Marshal Syed Asim Munir, for lunch at the White House on Wednesday, a meeting that underscores US engagement with a key ally amid rising tensions in South Asia.
SECP secures first insider trading conviction against bank executive
ISLAMABAD: Pakistan’s securities regulator has secured the country’s first-ever conviction against a bank executive for insider trading, a move that could strengthen trust in its capital markets and signal tougher oversight ahead.
20 nations condemn Israel’s attacks on Iran, urge nuclear-free Middle East
ISLAMABAD: Twenty countries, including Pakistan, issued a sharp rebuke of Israel’s military strikes on Iran on Tuesday, labeling them a violation of international law and calling for a nuclear-free Middle East as tensions soared after five days of relentless missile exchanges between the two nations.
Pakistan’s IT exports dip after 19 months of growth, but yearly figures remain strong
KARACHI: Pakistan’s IT exports slipped 1% year-on-year to $329 million in May 2025, snapping a 19-month streak of consecutive growth, industry data showed on Tuesday.
Parliamentary committees reject solar tax proposal
ISLAMABAD: Pakistani lawmakers on Tuesday struck down the government’s plan to slap an 18% sales tax on solar panel imports, arguing it would stifle renewable energy growth and heap more pressure on businesses already squeezed by rising energy costs.
Pakistan to evacuate diplomat families, non-essential staff from Iran
ISLAMABAD: Pakistan has planned to evacuate families of its diplomats and non-essential staff from Iran amid rising tensions sparked by the ongoing war between Iran and Israel, a senior Foreign Office official said on Tuesday.
Pakistan plans rail upgrade to support Reko Diq mining project
ISLAMABAD: Prime Minister Shehbaz Sharif has ordered a sweeping upgrade to the country’s railway infrastructure, including an extension to the Reko Diq mining project in southwestern Balochistan, as the government moves to bolster transport capacity ahead of production at one of the world’s largest untapped copper and gold deposits.
Current account swings to deficit in May on trade gap
KARACHI: Pakistan’s current account posted a deficit of $103 million in May 2025, reversing a surplus of $47 million in the previous month, as a widening trade gap offset gains from robust remittances, the State Bank of Pakistan’s data showed on Tuesday.