The State Bank of Pakistan has stated that it is ready to take action to support financial markets in the… Read More
ECC Fixes Minimum Price for Wheat at Rs. 1,400 Per 40kg
The Economic Coordination Committee (ECC) of the Cabinet has fixed the minimum support price of wheat at Rs. 1,400 per… Read More
Forex Firms Warn of Dollar Shortage Unless SBP Agrees to a Condition
The foreign exchange companies have warned that the export of permissible currencies against the dollar may be stopped if flight… Read More
PSX Records a Bloodbath as Market Loses 1,716 Points
Another bloodbath was witnessed at the Pakistan Stock Exchange in a single week as the stocks took a hammering after… Read More
Pakistan Approves Framework for Uniform Sales Tax
The National Finance Commission (NFC) Monitoring Committee on Thursday approved the National Tax Council (NTC) composition and its terms of… Read More
PM Imran Lays Foundation Stones of 7 Housing Schemes Worth Rs. 100 Billion
Prime Minister Imran Khan has laid the foundation stones of seven housing projects, envisaging construction of 20,000 housing units at… Read More
Only 11% of Listed Pakistani Companies Have a Female Director: Survey
Almost 50% of listed companies lack women directors on their boards, reported a local media outlet and about 30% of… Read More
Pakistan to Cut Import Duty to Make Exports More Competitive
Pakistan is planning to remove duties on many raw materials used by exporters, reported Bloomberg. This was revealed by Abdul… Read More
Infinix to Boost Phone Production in Pakistan to 13 Million Units
Infinix has become the first smartphone brand manufacturing in Pakistan. Minister of Economic Affairs, Hammad Azhar on Wednesday met with… Read More
Remittances to Pakistan Reach $15 Billion From July-February FY19-20
Despite a slowdown in the global economy owing to coronavirus, remittances to Pakistan have crossed the $15 billion mark during… Read More
Philip Morris Suffers Massive Loss of Rs. 1.97 Billion in 2019
Philip Morris Pakistan (PMPK) Limited, which is the second-largest tobacco company in Pakistan, announced its financial results for the year… Read More
SECP to Launch ‘STR’ for Lending to SMEs: Report
The Securities and Exchange Commission of Pakistan (SECP) is all set to launch Secured Transaction Registry (STR) on a national… Read More
