The Board of Directors of Pakistan Oxygen Limited (PAKOXY) have formally approved an investment plan of approximately Rs. 5.1 billion… Read More
IHOP, World Famous for its Pancakes, is Coming to Pakistan!
IHOP is planning to open its first outlet in Pakistan soon, reported Bloomberg. According to Bloomberg, IHOP will open it’s… Read More
Imports Decline By 12.3% in First 8 Months of FY19
In February, the overall import bill was posted at $4.18 billion, down by 12.26 percent, from $4.764 billion in the same… Read More
Govt to Launch FM Radio Channels & Spend Rs. 100 Billion in FATA
The government is keen on spending Rs. 100 million on five radio channels in the merged districts of Khyber Pakhtunkhwa.… Read More
Govt Seeks Japan’s Help in Upgrading Vehicle Testing Facilities
Advisor to Prime Minister on Commerce, Industries, Production and Investment Abdul Razak Dawood, on Friday, sought help from the Japanese… Read More
Govt Decides to Use NADRA Database to Identify Tax Evaders
The government has decided to use data from the National Database and Registration Authority (NADRA) to detect tax evaders from the… Read More
Interloop Raises Rs. 5.03 Billion in Largest Private Sector IPO in Pakistan
Interloop Limited which is the largest hosiery producer in Pakistan and among the largest global player successfully raised Rs 5.025… Read More
Advance Tax on Buying and Selling Shares Has Been Abolished: PSX
Pakistan Stock Exchange (PSX), in a notification on Tuesday, announced that advance tax on buying and selling of shares has… Read More
Car Sales Decline by 13% in February 2019
Pakistan auto sales have recorded a decline of 13% YoY (down 13% MoM) in February 2019. According to data released… Read More
Avanceon Enters Into Agreements With Giga Group, Mari, Attock & Shell Petroleum
Avanceon Limited has entered into an agreement with Mazyood Giga DHA Lahore Emerald Ltd. According to the notification to the… Read More
FBR to Raise Tax-to-GDP Target With World Bank’s Assistance
The World Bank, in collaboration with the Federal Board of Revenue (FBR), has prepared a Reconstruction plan for tax collection… Read More
Auto Sales in Pakistan Will Struggle During FY 2018/19 and FY 2019/20: Fitch Solutions
Fitch Solutions believes that Pakistan’s automotive sector will start to struggle in (FY) 2018/19 and FY2019/20. The research report stated that risks relating… Read More
