Even though the global supply chain was disrupted during 2021, the year was particularly good for Pakistan, according to World… Read More
Interloop Declares Profits of Rs. 2 Billion in Q2
Interloop Limited, which is the largest hosiery producer in Pakistan, has announced its financial results for the second quarter that… Read More
Cut-Off Yield on Treasury Bills Drops by 68 BPS
The State Bank of Pakistan (SBP) has raised Rs. 729.29 billion in the auction of treasury bills (T-bills), with cut-off… Read More
GSM Association Urges Pakistan to Withdraw Increase in WHT on Telecom Services
The Global System for Mobile Communications Association (GSMA) has requested the Government of Pakistan to withdraw, as soon as possible,… Read More
FBR Likely to Postpone Implementation of New Property Rates
The Federal Board of Revenue (FBR) is expected to postpone the implementation of the revised property valuation rates till March… Read More
Blockchain Can Turn Real Estate into the Next Cryptocurrency for the Public
For the masses to become active participants in the real estate sector and the system to be truly inclusive, a… Read More
Rupee Drops Against the US Dollar as IMF Announces A Delay
The Pakistani Rupee (PKR) continued its losing run against the US Dollar (USD) and posted losses in the interbank market… Read More
ADB Approves $405 Million for Food Security, Health & Education in Afghanistan
The Asian Development Bank (ADB) has approved $405 million in relief financing for food security, essential healthcare, and education in… Read More
IMF Downgrades Global Growth Projections Amid Omicron Aftershocks
The International Monetary Fund (IMF) has projected global growth to downshift from 5.9 percent in 2021 to 4.4 percent this… Read More
Rupee Drops Further Against the US Dollar Despite SBP Decision
The Pakistani Rupee (PKR) is on a persistent losing streak against the US Dollar (USD) and posted losses in the… Read More
PIA Hasn’t Paid Excise Duty and Sales Tax Worth Billions in Two Years
Pakistan International Airlines (PIA) has not filed its federal excise duty (FED) and sales tax (ST) returns with the Federal… Read More
Pakistan Issues $1 Billion Ijara Sukuk in Global Market
Pakistan issued the much-awaited $1 billion Ijara Sukuk in the global market on Monday, 24 January. The dollar-denominated Islamic bond… Read More
