The Election Commission conducted hearings on code of conduct violations in the by-elections today, with a bench headed by the chief election commissioner. Khyber-Pakhtunkhwa Chief Minister Sohail Afridi was summoned to appear before the commission, while a notice was issued to Shehrnaz, wife of former opposition leader Omar Ayub. CM Sohail Afridi’s case A five-member commission heard the case against the K-P CM regarding allegations of threatening election staff and violating the code of conduct. Though Afridi was granted an exemption from personal appearance, his lawyers and those representing Shehrnaz…
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Pakistan, UK hold first development dialogue in 8 years amid record £5.5bn trade
Federal Minister for Finance Muhammad Aurangzeb and the United Kingdom’s Minister for Development, Baroness Chapman, held the first federal-level Pakistan–UK development talks in eight years on Wednesday, discussing economic cooperation and Pakistan’s structural reform agenda. The meeting was also attended by British High Commissioner Jane Marriott. Chapman’s visit comes at a time when UK–Pakistan bilateral trade has crossed £5.5 billion for the first time, with more than 200 British companies currently operating in Pakistan. Officials said the revival of ministerial-level dialogue underscores renewed momentum in economic engagement between the two…
Read MoreDubai Chamber opens representative office in Karachi
KARACHI: The Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has launched a new international representative office in Karachi, with the goal of strengthening trade and investment between Pakistan and Dubai. The opening of the office comes as part of the ‘Dubai Global’ initiative, which seeks to establish 50 representative offices around the world by 2030, said a press statement issued on Tuesday. Dubai Chambers President and CEO Mohammad Ali Rashed Lootah stated: “The inauguration of our new office marks a strategic step…
Read MoreConsumers face over 55% tax on mobile phones
ISLAMABAD: Mobile phone users pay over 55% of the price of a handset in taxes, which is exorbitant, reflects the narrow-mindedness of policymakers and requires urgent reduction in levies to promote digitisation, revealed proceedings of a parliamentary committee meeting. The National Assembly Standing Committee on Finance on Tuesday described heavy taxes on mobile handsets as irrational and narrow thinking that served the purpose of the Federal Board of Revenue (FBR) at the expense of the economy. The government was charging over 55% of the prices of mobile phones in taxes,…
Read MoreECC bans baggage car imports, approves circular debt management plan
ISLAMABAD: The government on Tuesday banned the import of used cars under the baggage scheme and tightened restrictions for the other two schemes, including a minimum three-year stay abroad, restricting competition for foreign firms in breach of commitments made to the International Monetary Fund (IMF). The Economic Coordination Committee (ECC) of the Cabinet, which tightened the conditions for car imports, also allowed the Power Division to add Rs522 billion to the flow of circular debt under the newly approved Circular Debt Management Plan 2025-26. The Rs522 billion addition in the…
Read MoreBilawal backs new province in Punjab, calls for political reconciliation
LAHORE: PPP Chairman Bilawal Bhutto Zardari, sensing political frailties in all-too important province of Punjab, on Tuesday tread cautiously when he spoke about dwindling space for allies and paucity of resources at the disposal of the Governor House but at the same time showered praise on the provincial government led by Punjab Chief Minister Maryam Nawaz. Speaking during an interaction with media bureau chiefs and bigwigs, the PPP chairman backed the move aims at creating another province in Punjab, all the while deflecting questions regarding new provinces in Sindh and…
Read MorePunjab legislators adopt resolution calling for ban on PTI, Imran
LAHORE/ISLAMABAD: With the embattled opposition party in the crosshairs of intense state scrutiny, government ministers on Tuesday appeared to move closer to endorsing punitive steps against PTI, including the possibility of a ban on the party and the imposition of governor’s rule in PTI-ruled Khyber-Pakhtunkhwa, while the Punjab Assembly passed a resolution seeking a ban on the party’s incarcerated leader. The Punjab Assembly adopted a resolution calling for a ban on the PTI founder and his party, accusing them of undermining national stability, promoting disorder and acting in alignment with…
Read MorePakistan, Indonesia sign agreements on education, trade
ISLAMABAD: Prime Minister Shehbaz Sharif and Indonesian President Prabowo Subianto on Tuesday agreed to enhance bilateral trade, expand cooperation in health, agriculture, Information Technology, science, and education, and deepen coordination on regional and global issues, including Palestine. In a joint press stakeout along with President of Indonesia Prabowo Subiato at the PM House, the prime minister said Pakistan and Indonesia were committed to boosting bilateral trade, which currently stood at $4.5 billion, noting that over 90% of the total trade comprised of palm oil import from Indonesia to Pakistan. He…
Read MoreDaily Capital Mail ePaper-9 December 2025
Industrial tariff hike ‘disastrous’ for exports
LAHORE: The industrial community of Punjab, particularly the value-added textile export sector, has condemned the proposed increase in base tariffs sought by power distribution companies (DISCOs), including Islamabad, Faisalabad and Lahore electricity supplying companies, describing the move as unjustified and disastrous for an already struggling manufacturing base. Industrial associations questioned why the government continues to allow DISCOs to demand further tariff escalation when electricity prices have already risen, and power consumption is visibly declining due to the closure of industrial units. Reacting to the public hearing conducted by the National…
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