In a major move to facilitate investors, the government is all set to launch a digitized platform for investors/brokers community… Read More
Govt Pays Rs. 42 Billion to Textile Industry Under PM’s Exports Enhancement Package
The government has provided Rs. 42 billion to the local textile industry under “Prime Minister Exports Enhancement Package” for enhancing… Read More
Pakistan Might Lose Its Emerging-Market Status: Report
According to Bloomberg, Pakistan’s inclusion in the MSCI Inc.’s emerging-market indexes has come under a threat as Pakistan’s stocks fall… Read More
Circular Debt Will be Reduced to Rs. 225 Billion Thanks to Surging Revenues: Omar Ayub
Reiterating the government’s firm commitment to bring reforms in the power sector, including indiscriminate action against power pilferers and recovery… Read More
Suzuki Posts a Huge Decline in Profits in 2018
Pak Suzuki Motor Company Limited’s (PSMC) profits have declined by 66.23% (Rs 1.29 billion), for the year that ended December… Read More
Non-Filers Will Not Be Allowed to Buy Properties After March 31st
Non-filers of income tax returns for the tax year 2018 will not be able to purchase properties till June 30, 2020.… Read More
Govt to Give SBP More Autonomy
The International Monetary Fund (IMF) has classified Pakistan’s existing exchange rate as “stabilized arrangement”. According to a local English daily,… Read More
Uber Set to Acquire Careem for $3.1 Billion: Bloomberg
According to Bloomberg, Uber Technologies Inc is set to announce a $3.1 billion cash-and-share deal to acquire its Dubai-based rival,… Read More
Pakistan to Receive $2.1 Billion From China by Monday
The Ministry of Finance has announced that the State Bank of Pakistan (SBP) will receive a loan worth $2.1 billion… Read More
Proton to Setup Auto Manufacturing Plant in Karachi
The Malaysian auto manufacturer, Proton, has partnered with Alhaj Automotive to set up company’s first South Asian factory in Pakistan.… Read More
Civil Construction Work on Mohmand Dam to Start from Next Week
The government is likely to start civil construction work on the much-awaited Mohmand Dam by next week. The Standing Committee… Read More
Singapore Based Business Group Wants to Invest $2 Billion in Pakistan
A Singapore-based business group is interested in investing $2 billion in Pakistan’s shipping sector. This was disclosed by Global Radiance… Read More
