The Pakistan Airport Authority (PAA) has extended airspace restrictions on Indian aircraft till April 24, according to a fresh notice to airmen (Notam) issued on Wednesday. The authority said that Pakistan’s airspace would remain closed to all aircraft registered in India. The Notam issued by Pakistan for barring Indian flights in its airspace till April 24, 2026. — PAA website The restriction would also continue to apply to aircraft operated, owned, or leased by Indian airlines or operators, the Notam said, adding that it also covered Indian military flights. Pakistan’s airspace is divided into two flight information regions (FIRs) — Karachi and Lahore, according to a Pakistan Civil Aviation Authority (PCAA) document from 2022. The Notam applies to both the Karachi (OPKR) and Lahore (OPLR) FIRs. The Notam was issued days before the previous one was set to expire on March 23. India and Pakistan have closed their airspaces to each other’s airlines since tensions between them escalated in late April 2025 in the...
DHAKA: Bangladesh will hold a national election in the first half of April 2026, its de facto premier, Muhammad Yunus, said on Friday, after a period of interim unelected government since student-led unrest in 2024 toppled then-prime minister Sheikh Hasina. The administration led by Muhammad Yunus, a Nobel Peace Prize laureate, has been running the […]
Remittances from overseas Pakistani workers clocked in at $3.2 billion for the month of April, up 13 per cent year-on-year, according to State Bank of Pakistan (SBP) data released on Friday. Topline Securities, a brokerage firm in Karachi, noted, “Worker remittances clocked in at US$3.2bn, up 13pc YoY in Apr-2025. “This takes 10MFY25 remittances to US$31bn, up 31pc YoY,” it added. According to the firm, inflows during April were mainly sourced from Saudi Arabia ($725m), UAE ($658m), UK ($535m), and US ($302m). Earlier, the government had set a target of $35bn in remittances for the current fiscal year (FY25), but financial experts believe the inflow would exceed the estimate. “The inflows could reach up to $36bn in FY25,” said a currency dealer in the banking market. A study published by the Asian Development Bank found that Pakistani migrants tend to remit more when economic conditions are improving back home and when there is a positive association between remittances and domestic economic activity. The stu...