Pakistan’s consumer inflation, which is measured through the Consumer Price Index (CPI), soared to 14.6% in January 2020 compared to… Read More
Egyptian Company Wants to Invest $500 Million in Pakistan
Egyptian company, El Sewedy Electric has expressed its interest to invest US $500 million in Pakistan’s energy sector. This was… Read More
Airlink to Raise Rs 4.5 Billion Through IPO on PSX
Air Link Communications, the lead distributor of Apple, Samsung, TCL, Tecno and Huawei in Pakistan, has applied for a listing… Read More
Number of Filers in Tax Year 2019 Increased by 40%: FBR
Federal Board of Revenue has released the tax revenue collection figures for the month of January, 2020 and the number… Read More
Govt Borrowed Rs. 4.11 Trillion to Finance Budget Deficit in 15 Months
The federal government clarified on Sunday that it had borrowed Rs. 4.11 trillion in the last 15 months to finance… Read More
PEMRA Clarifies After Backlash Over OTT and Web TV Licensing
PEMRA has denied the stories published in the local media regarding the Draft Consultation on Regulating the Web TV &… Read More
FBR to Buy Original Software After Shameful US Allegation: Report
The Federal Board of Revenue has announced to buy the licensed version of the software after reports had emerged that… Read More
PEMRA Extends Date for Feedback on Draft Proposal to Regulate Online Content
In order to regulate online content, Pakistan Electronic Media Regulatory Authority (PEMRA) has issued a draft proposal titled “Consultation on… Read More
Telenor Microfinance Bank to Implement Temenos T24 as New Core Banking System
Telenor Microfinance Bank, one of Pakistan’s leading microfinance banks, has signed an agreement with NdcTech, a partner of Temenos, to… Read More
Hubco’s Thar Coal Power Project Achieves Financial Close
The government has notified of the financial closing of the 330MW Thar Energy Limited (TEL), a subsidiary of Hub Power… Read More
Fauji Fertilizer Posts Over Rs. 17 Billion in Profit Despite Flat Sales
Fauji Fertilizer Company (FFC) Limited, which is Pakistan’s largest urea manufacturing company, has announced its financial result for the year… Read More
Kenya Wants Pakistani Mangoes and Citrus Fruits
The government of Kenya has shown keen interest in importing mangoes and citrus fruits from Pakistan. The Kenyan government has… Read More
