Ghulam Abbas

Islāmābād Capital Territory

Senior Business Reporter at Pakistan Today

Journalist, Reporter @ePakistanToday, @Profitpk, @brecordernews, @Dailyk2_GB, Retweets are sometimes endorsement

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Articles

Pakistan bans transit trade of Indian-origin goods amid rising tensions

1 week ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: In a significant policy shift reflecting escalating tensions with India, the Government of Pakistan has imposed a sweeping ban on the transit of Indian-origin goods through its territory, citing national security and public interest concerns.
Cement sector posts modest growth amid export surge

1 week ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD:The All Pakistan Cement Manufacturers Association (APCMA) has released data showing a mixed performance by the cement industry in April 2025. While overall despatches rose, the sector continues to struggle with sluggish domestic demand, prompting calls for government support in the upcoming federal budget. According to the APCMA, total cement despatches in April 2025 stood at 3.342 million tons, marking a 13.24% increase compared to 2.951 million tons in April 2024.
Pakistani firm launches AI system to automate cross-border trade

2 weeks ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: A Pakistani technology company has unveiled AI Faceless Operations, a fully automated, round-the-clock system aimed at digitising and streamlining cross-border trade. The solution addresses critical inefficiencies in Pakistan’s trade sector, which currently incurs an estimated annual loss of $36 billion due to an outdated, paper-based process, placing up to 3 million jobs at risk.
Government fails to implement minimum wage policy across ministries

2 weeks ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: Despite official announcements made during annual budgets, the government-mandated minimum wage remains widely unimplemented even within its own ministries and divisions. This startling revelation came to light during a meeting of the National Assembly Standing Committee on Finance held on Wednesday.
Business community slams FBR, FIA over investor harassment

2 weeks ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: Members of the business community and officials from ministries linked to economic activities on Monday strongly criticized the Federal Board of Revenue (FBR) and the Federal Investigation Agency (FIA) for what they termed as undue harassment of investors. As per details the criticism surfaced during a high-level meeting of the Committee constituted by the Prime Minister to prevent undue interference by state functionaries.
IPO Chairman holds office despite post being re-advertised a year ago

2 weeks ago | pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: In yet another example of how court stays are used to retain official posts and continue enjoying government perks, the Chairman of the Intellectual Property Organization (IPO) remains in office—eight months ahead of his term’s scheduled completion—despite the Ministry of Commerce (MoC) re-advertising the position over a year ago.
Anti-competitive practices: CAT upholds Rs. 50 Million fine on vanaspati manufacturers

2 weeks ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: The Competition Appellate Tribunal (CAT) has dismissed an appeal filed by the Pakistan Vanaspati Manufacturers Association (PVMA), thereby upholding a Rs. 50 million penalty imposed by the Competition Commission of Pakistan (CCP) for engaging in anti-competitive and discriminatory practices.
Pakistan, UN FAO step up agri-food reforms to tackle nutrition and trade gaps

2 weeks ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: In a significant move to reform Pakistan’s agri-food systems, enhance food security, and boost export competitiveness, federal ministries for Commerce and Food Security held separate high-level meetings with a visiting UN Food and Agriculture Organization (FAO) delegation on Thursday. The talks focused on aligning trade and nutrition policies, promoting Geographical Indications (GIs), and expanding access to affordable, healthy food.
Manufacturers urge government to formulate National Tractor Policy

3 weeks ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: Pakistan’s local tractor manufacturers have called on the government to formulate a comprehensive National Tractor Policy to address the severe challenges facing the sector, which has witnessed a staggering 50 percent decline in sales this financial year.
Khunjerab border opens year-round for the first time-a landmark in Pak-China regional cooperation

3 weeks ago | profit.pakistantoday.com.pk | Ghulam Abbas

ISLAMABAD: In a historic first, Pakistan and China have jointly decided to keep the Khunjerab border open throughout the year, thus transforming it into an all-weather trade and travel route. This unprecedented move is being hailed as a major step forward in regional connectivity and economic cooperation under the framework of the China-Pakistan Economic Corridor (CPEC).