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Finance Minister backs reforms, trade push

Benewz Report Finance Minister Muhammad Aurangzeb assured the Pakistan Business Council of the government’s commitment to reforms, investment growth, and macroeconomic stability. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb reaffirmed the government’s resolve to strengthen economic reforms, attract investment, and create a stable business environment during a meeting …

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Dedicated Freight Corridor Papri pact signed

NLC and DP World signed a commercial agreement with Pakistan Railways for the $400 million Dedicated Freight Corridor Papri project BeNewz Report Pakistan Railways has signed a landmark commercial agreement with the National Logistics Corporation (NLC) and Dubai-based DP World for the construction of the Dedicated Freight Corridor (DFC) Papri …

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Honda launches City Aspire S in Pakistan at Rs 6.149m

BeNewz Report Honda Atlas Cars Pakistan has launched the City Aspire S, a premium addition to its popular sedan lineup, with bookings open at an advance of Rs1.2 million. Honda Atlas Cars Pakistan has introduced the City Aspire S, the most expensive variant in its City series, priced at Rs …

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FM reviews food prices amid inflation, floods

Committee to monitor essential commodities, ensure relief for vulnerable households BeNewz Report Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired the first meeting of the Steering Committee on Inflationary Trends in Pakistan, where food prices and market conditions were reviewed in detail. The Committee, set up last week …

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FBR officers arrested in smuggled vehicles scam

Aftab Maken FIA arrests FBR officials after probe finds fraudulent regularization of smuggled vehicles through Customs’ digital system, said an official announcement of the FBR on Wednesday. The Federal Board of Revenue (FBR) has moved against its own officers after an investigation revealed their involvement in a racket that fraudulently …

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Pakistani politicians revealed as sugar mill shareholders

BeNewz Report Documents from the Securities and Exchange Commission of Pakistan (SECP) have revealed that several leading politicians, including Hamza Shahbaz, Moonis Elahi, and Chaudhry Shujaat Hussain, own shares in multiple sugar mills, reigniting debate about political influence in the country’s sugar industry. The SECP prepared the data following recommendations …

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InDrive driver arrested after Karachi abduction bid

BeNewz Report A fashion student in Karachi escaped an alleged abduction attempt by an InDrive driver after leaping from a moving car, leading to the suspect’s arrest. A late-night ride-hailing trip in Karachi turned into a harrowing ordeal on Tuesday when a young fashion student narrowly avoided abduction and harassment …

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Govt seeks consultants to tackle gas theft at Sui companies

BeNewz Report Pakistan has invited Expressions of Interest from consultancy firms to assess and propose remedies for unaccounted-for-gas losses at SNGPL and SSGC, with submissions due by October 6, 2025. The government has decided to hire consultants to conduct a comprehensive study into unaccounted-for-gas (UFG) losses faced by Sui Northern …

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Pakistan trade deficit narrows in August 2025

BeNewz Report Pakistan’s trade deficit narrowed in August 2025 compared with July, though year-on-year data showed a sharp widening as exports declined and imports increased. The Pakistan Bureau of Statistics–PBS–reported that exports fell to Rs 683.5 billion ($2.42 billion) in August from Rs 762.6 billion ($2.69 billion) in July, representing …

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Govt faces senate panel wrath on delayed 5G auction, PTCL audit, Telenor exit & missing record of Jazz overcharing

Aftab Maken ISLAMABAD: The Senate Standing Committee on IT and Telecom, chaired by Senator Palwasha Khan, convened on Monday and received a comprehensive briefing on Pakistan’s planned 5G spectrum auction, PTCL’s pending audit, telecom mergers, and the growing threat of cyber and financial fraud. During the session, the Pakistan Telecommunication …

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