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The food sector is booming amid an economic slowdown

FAISALABAD: Despite a general slowdown in business activity across the country, the food sector in Faisalabad is witnessing robust growth, with nearly 25,000 outlets registered across the district, reflecting growing consumer demand and an expanding urban economy. Official data reveals that 24,933 active food business operators (FBOs) have been registered since January 2024, indicating a […]

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Government uses 24,000 phones to power fuel subsidy program

ISLAMABAD: The government has decided to acquire around 24,000 mobile phones as part of the nationwide rollout of an app-based digital fuel subsidy system, a major step to manage the current energy crisis through targeted relief and stricter monitoring. The devices, which will be deployed at petrol pumps across the country, will form the backbone

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Fuel crisis: government plans smart containment

LAHORE: The federal government has finalized a comprehensive plan to impose a nationwide “smart lockdown” alongside broader austerity measures aimed at reducing energy consumption and managing the growing oil crisis triggered by escalating tensions in the Middle East, sources said on Saturday. An official announcement is expected after consultations with key stakeholders. The proposed plan

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Pakistan relaxes banking rules for Iranian exports

ISLAMABAD: The Ministry of Commerce has approved a temporary exemption of financial instruments, including bank guarantees and letters of credit, for exports to Iran, Central Asian republics and Azerbaijan via the Iranian land route, it was learned on Saturday. The development follows a March 24 notification from the Commerce Ministry received by The Express PK

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