Investment research firm and stock markets index provider, Morgan Stanley Capital International (MSCI), has announced that the MSCI Pakistan Index… Read More
Pakistan Post Accounts to be Pre-Audited After Western Union Controversy
The Government of Pakistan has decided to conduct a pre-audit of all Pakistan Post Accounts. According to sources, Pakistan Post… Read More
Rupee Plummets Against Major Currencies as Business Optimism Index Takes a Hit
The Pakistani Rupee (PKR) depreciated against the US Dollar (USD) and posted losses in the interbank market today. It lost… Read More
Global Lenders Set Conditions for $700 Million Loan
The approval of two foreign loans worth $700 million has been delayed owing to the federating units’ unwillingness to accept… Read More
Nauman Mirza to Step Down As Foodpanda CEO and MD
Nauman Sikandar Mirza has decided to leave his role as Chief Executive Officer (CEO) and Managing Director (MD) after spending… Read More
Govt Forms Advisory Committee for Nationwide 5G Spectrum Adoption
The Federal Government has constituted an Advisory Committee of Broad-Based IMT/5G Technology for the release of IMT/5G Spectrum in Pakistan.… Read More
Pakistan Needs to Improve Economic Competitiveness: IMF Country Rep
Pakistan needs to figure out ways to bolster its economic competitiveness besides contemplating new measures related to tax. The resident… Read More
Engro Polymer & Chemical Ltd Posts Highest Ever Quarterly Profit During Oct-Dec CY21
Engro Polymer and Chemicals Limited (EPCL) has posted its highest ever quarterly profit after tax of Rs. 4.689 billion for… Read More
Rupee Starts Losing Against US Dollar After 8 Successive Days of Gains
The Pakistani Rupee (PKR) depreciated against the US Dollar (USD) and posted losses in the interbank market today. It lost… Read More
FBR Withdraws 17% Tax on Imports by Foreign Diplomats
The Federal Board of Revenue (FBR) has revoked the 17 percent sales tax imposed last month through the mini-budget on… Read More
Ijara Capital Partners Ltd. Aims to Raise Rs. 5 Billion for Real Estate Projects
Pakistan’s Ijara Capital Partners Limited has constituted a new private equity fund to raise Rs. 5 billion (US$ 29 million)… Read More
Another Mini-Budget to Wreak Havoc Next Month: Report
Another mini-budget or the ‘Finance (Supplementary) Bill-II’ is on the cards as the government contemplating withdrawing more sales tax exemptions… Read More
