Mobile phones import witnessed a phenomenal growth of 19.44 percent in the fiscal year 2017-18 as it remained $847.654 million… Read More
Moody’s Withdraws Negative Outlook Rating for Jazz
Moody’s Investors Service (Moody’s) on Thursday withdrew Pakistan Mobile Communications Limited’s (Jazz) B1 corporate family rating and negative outlook. According… Read More
Poverty in Pakistan’s Major Cities Reaches Alarming Levels
Six out of the top ten major cities in Pakistan have double-digit poverty figures. Quetta, with 46 percent, has the… Read More
3G/4G Users Cross the 56 Million Mark in Pakistan
The number of 3G and 4G users in Pakistan reached 56.08 million by the end of June 2018, said Pakistan… Read More
HEC Suspends University Rankings Over Credibility Fears
Higher Education Commission (HEC) on Tuesday announced that it is suspending its practice of ranking universities, after many questions were… Read More
Pakistan’s Govt Hasn’t Asked for Any IMF Loans Yet
The Pakistan government has neither requested nor held any discussions to go on an International Monetary Fund (IMF) programme. Gerry… Read More
$3.4 Billion Railway Project between Karachi and Peshawar to be Completed on Priority Basis
Pakistan and China have reviewed phase-1 of the Railway project, especially Main Line-1 (Karachi-Peshawar) at an estimated cost of $3.4… Read More
Mobile Users can Donate to Diamer Basha Dam Fund by Simply Sending an SMS
Subscribers of cellular mobile phone companies namely wishing to make donations/contributions to Diamer / Basha dam can donate Rs. 10… Read More
Rs 577 Billion in Foreign and Rs 1,192 Billion in Domestic Assets Filed Under Tax Amnesty
Finance Ministry released the latest figures for the tax amnesty scheme recently. They revealed that about 55,255 declarations have been… Read More
Trade Deficit Reaches All-Time High of $37.6 Billion
Pakistan’s trade deficit surged to an all-time high of $37.67 billion over the previous fiscal year (FY2018). The country’s trade… Read More
Finance Minister Calls for Measures to Stop Smuggling of Currency
Dr. Shamshad Akhtar, the Finance Minister, chaired a meeting to discuss measures against cross-border illegal transportation /smuggling of currency. The… Read More
6 Political Leaders Face Threat of Terrorist Attacks: NACTA
The National Counter Terrorism Authority (NACTA) on Monday revealed the names of six individuals and top political leadership, who are… Read More
