The State Bank of Pakistan (SBP) will be crediting duty drawbacks directly into the bank accounts of the exporters, effective… Read More
Moody’s Confirms Pakistan’s Rating at B3 With a Stable Outlook
Moody’s Investors Service (Moody’s) has confirmed the Government of Pakistan’s B3 local and foreign currency issuer and senior unsecured debt… Read More
FBR Issues Draft Amendments to Obtain Bank Account Holders’ Financial Information
The Federal Board of Revenue (FBR) has issued draft amendments to the Income Tax Rules, 2002 in order to obtain… Read More
PM Imran Approves New Energy Policy to Bring ‘Highest Ever Growth of Renewable Energy’
The Council of Common Interests has approved the Alternative and Renewable Energy Policy 2019, which the Federal Minister for Planning… Read More
KSE-100 Crosses 40,000 Points
A remarkable day was seen in the Pakistan Stock Exchange as the benchmark index, KSE-100, went past the psychological barrier… Read More
Jazz Grows its Data Revenue 28% YoY
Jazz continued to show positive growth despite the lockdown which led to the temporary closure of Jazz stores, lower business… Read More
South Korea’s Posco Offers its Lowest Bid to Supply LNG to Pakistan
For the very first time, South Korea’s Posco International Corp is set to supply liquefied natural gas (LNG) supplier to… Read More
ECNEC Approves $6.806 Billion ML-1 Railway Project Under CPEC
The executive committee of the National Economic Council (ECNEC) on Wednesday approved the up-gradation of Pakistan Railways’ existing Mainline-1 (ML-1)… Read More
PIA Reports a Huge Loss of Rs. 19.26 Billion Q1 2020
Pakistan International Airlines has finally announced its financial results for the first quarter of 2020, ending on March 31. The… Read More
Pakistan Temporarily Resumes Trade With China Through Khunjerab Pass
Adviser to Prime Minister on Commerce Abdul Razak Dawood announced that trade with China has temporarily resumed through the Khunjerab… Read More
FBR Expects Additional Rs. 4 Billion in Revenue This Month: Report
The Federal Board of Revenue (FBR) is estimating an additional revenue of around Rs. 3-4 billion in August 2020 as… Read More
The Economy is Showing Signs of Recovery: Federal Cabinet
During a briefing on the situation in the financial sector and the real economy, the federal cabinet was informed that… Read More
