Pakistani rupee continued to slide down against the dollar after Eid, reaching new all-time lows in the interbank and in… Read More
Muhammad Rafique Umer Appointed Acting CEO of the Pakistan Stock Exchange
Muhammad Rafique Umer has been appointed as the Acting CEO of the Pakistan Stock Exchange. In a notification to the… Read More
Govt to Introduce New FED Slabs for Cars, Remove Extra Taxes on Parts
The government has decided to change the way federal excise duty (FED) is applicable to the auto sector. Multiple tax… Read More
PSX Showed a Mixed Trend Due to Govt’s Adjustments: Economic Survey 2018-2019
Over the past few decades, there has been an upsurge in capital market activity globally, mainly due to the emerging… Read More
Dollar Climbs Back to Rs. 151 in Interbank Market
After a break of almost a week, the US dollar bounced back on Monday and reached the Rs. 151 mark… Read More
PM Imran Khan Urges Public to Make Use of the Last Amnesty Scheme
Prime Minister Imran Khan, in a televised message to the nation on Monday morning, urged the people to take full… Read More
Banks Agree to Provide Customers’ Withholding Data to FBR to Catch Non-Filers
The Federal Board of revenue has asked banks to provide withholding tax data of the customers. According to a report… Read More
FBR Planning to Reduce the Number of Withholding Tax Categories by 50 Percent
The FBR is viewing its options to reduce WHT by 50 percent, bringing the applicable categories from 50 to 25… Read More
Pakistan Govt to Stabilize the Stock Market Once and For All: Bloomberg
The Pakistani government has decided to put together a fund with contributions from banks and insurance firms to buy stocks… Read More
Foreign Loans Jump to $14.8 Billion: Report
The total foreign loans acquired by the government rose to $8.837 billion in April showing a rise of $2.997 billion… Read More
PSX CEO Richard Morin Resigns from His Post
Mr. Richard Morin has tendered his resignation for the position of Chief Executive Officer of Pakistan Stock Exchange Limited today.… Read More
Unity Foods Limited to Acquire Sunridge Foods
Unity Foods Limited has decided to proceed with the acquisition of 69% shares of Sunridge Foods, in order to expand… Read More
