The Central Directorate of National Savings (CDNS) has achieved its net collection target of Rs. 112 billion from 1st July… Read More
New Zone For Exploring Oil and Gas Will be Set Up Near Pak-Afghan Border
The federal government is looking to establish a new zone called Frontier Zone near the Pakistan-Afghanistan border for exploration and… Read More
Foreign Banks Willing to Invest in PIA: CEO
International banks are willing to invest in Pakistan International Airlines (PIA) after observing steady improvements in its financials as the… Read More
FATF Questions Pakistan About Measures Taken for Action Plan
Pakistan has received a questionnaire consisting of 150 questions from the Financial Action Task Force (FATF), seeking details of the… Read More
Japan to Sign MoU for Import of Manpower From Pakistan on Monday
Japan will sign a memorandum of understanding (MoU) with Pakistan to import skilled Pakistani manpower for 14 different sectors at… Read More
FBR Chairman Asks Banks to Share Customers’ Information
Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has written a letter to heads of banks, telling them that the… Read More
SECP Takes Action Against Mis-selling in Bancassurance
To address the issue of miss-selling insurance policies through bancassurance agents, the Securities and Exchange Commission of Pakistan (SECP) has… Read More
Current Account Deficit Declines by 73% in the First 5 Months of FY20
Pakistan’s current account deficit fell sharply by 73% during the first five months of this fiscal year (FY20). The country’s… Read More
IMF Approves Second Tranche of $452 Million for Pakistan
The Executive Board of the International Monetary Fund (IMF), on December 19, 2019, has completed the first review of Pakistan’s… Read More
SNGPL to Buy Gas Meters From SSGC’s Local Plant
The government has decided that Sui Northern Gas Pipelines Limited (SNGPL) will procure gas meters from the local manufacturing plant… Read More
OGDCL Starts Shale Gas Drilling in Hyderabad
OGDCL has announced that it has started drilling operations for the first shale gas well, KUC-01, in Hyderabad from December… Read More
Mobile Imports in 2019 Were Unaffected by PTA’s DIRBS System
Pakistan Telecommunication Authority (PTA) has stated that in 11 months of 2019 (as of November 30), mobile imports stood at… Read More
