The government is planning on improving the utilization capacity of the two floating storage and regasification units (FSRUs) at terminals… Read More
Govt Prepares Three-Part Power Subsidy Rationalization Plan
The government has issued a three-part power subsidy rationalization plan on Monday. According to a report by Business Recorder, the… Read More
Rupee Loses Against US Dollar But Strengthens Against Other Major Currencies
The Pakistani Rupee (PKR) continued its losing streak against the US Dollar. On Monday, the rupee fell by nearly 45… Read More
High Number of Illegal Societies in Islamabad Point to CDA’s Incompetence: Report
The Pakistan Institute of Development Economics (PIDE) has conducted a study into private housing societies in the country and their… Read More
World Bank and IMF Annoyed at Pakistan Not Increasing Electricity Prices
Despite a 40 percent hike in the power tariff since the incumbent government came to power, international donors remain dissatisfied… Read More
AI and New Ways of Widening Tax Net Lead FBR to Collect Rs. 413 Billion in July 2021
The Federal Minister for Finance and Revenue, Shaukat Tarin, chaired the meeting of the APEX Committee on broadening the tax… Read More
Rupee Crumbles to Pressure as it Deteriorates Against the US Dollar Once Again
The Pakistani Rupee (PKR) turned the tide towards losses today after two days of blanket gains in the interbank currency… Read More
Hascol Withdraws Petition Preventing SECP from Investigating Its Financial Reporting
Hascol Petroleum Limited has withdrawn the petition that it had filed to prevent the Securities & Exchange Commission of Pakistan… Read More
Forex Reserves Fall by $22 Million in One Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by $22 million on a weekly basis… Read More
Pakistan Received $1.87 Billion Through RDA in 11 Months
Pakistan has received $1.87 billion through Roshan Digital Accounts (RDA) by the end of July 2021, according to the data… Read More
Pakistan Exports to Key Destinations Increased in July 2021: Razak
Adviser to Prime Minister on Commerce, Abdul Razak Dawood, took to Twitter on Thursday to announce that Pakistan’s exports increased… Read More
Rupee Posts Blanket Gains Against Major Currencies Two Days in a Row
The Pakistani Rupee (PKR) has posted blanket gains for the second day in a row against almost all the major… Read More