The Ministry of National Food Security and Research has merged two key departments — the Department of Plant Protection (DPP) and the Animal Quarantine Department (AQD) — to form the National Agri-Trade and Food Safety Authority (NAFSA), aimed at modernising Pakistan’s agricultural trade infrastructure in line with global phytosanitary and food safety standards. The DPP was originally establish
Iran Air plans to launch direct weekly passenger and cargo flights from Quetta to the Iranian cities of Zahidan and Mashhad in a move aimed at boosting trade and travel between the neighbouring countries, an Iranian diplomat announced on Saturday. The new air service will help facilitate commerce, reduce travel time and costs for traders, and strengthen bilateral ties, said Ali Reza Rajai, Iran
As Pakistan rolls out its long-awaited New Energy Vehicle (NEV) Policy 2025-30 — aimed at cutting emissions and reducing fuel dependency — industry voices are calling for a rethink on how new technologies are priced and marketed to consumers. Speaking to the media in Lahore, Syed Asif Ahmed, General Manager Marketing Division at MG Motors, welcomed the policy as a step in the right direction bu
After a day’s pause, the Pakistan Stock Exchange (PSX) resumed its record-breaking momentum on Thursday, with the benchmark KSE-100 index closing at a new all-time high amid rising investor confidence driven by record remittance inflows and renewed access to Middle Eastern financing. The KSE-100 index surged by 1,205.36 points, or 0.91 per cent, to close at 133,782.35 — just shy of the intraday
The State Bank of Pakistan (SBP) ramped up its foreign exchange reserves to a 39-month high of $14.5 billion by the end of FY25 after managing to secure $1.77bn during the week ending July 4 — a development aimed at sending a strong signal to market stability. According to SBP data released on Thursday, the central bank’s reserves rose primarily on the back of official inflows, though no specif