The Federal Cabinet has decided to buy out eleven IPPs based on furnace oil (FO) at a discounted value of… Read More
Rupee at Its Lowest in Weeks Against the US Dollar After Another Big Drop
The Pakistan Rupee (PKR) is continuing its downward movement against the US Dollar (USD) in the currency market for the… Read More
SBP to Launch Roshan Apni Car and Roshan Samaaji Khidmat Under RDA Initiative
The State Bank of Pakistan (SBP) is launching two new initiatives under Roshan Digital Account (RDA) scheme, Roshan Apni Car… Read More
FPCCI Demands Independent Accountants to Set Sugar Prices
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has asked the government to allow independent chartered accountants to… Read More
FTO Asks FBR to Pay Rs. 1,000 to Tax Filers
The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to pay Rs. 1,000 as an incentive… Read More
Planning Division Wants to Discontinue Gas Subsidy From Export-Oriented Industries
The Planning Division has asked the government to abolish subsidy on gas to the export-oriented sector. The export-oriented sector also… Read More
Thal Ltd. to Set Up a Rs. 1.7 Billion Polypropylene Plant in Hub
Thal Limited — a subsidiary of the House of Habib — is setting up a plant to manufacture polypropylene woven… Read More
Govt Begins Restoration of Oxygen Plant at Pakistan Steel Mills
Keeping in view the third wave of coronavirus in Pakistan, the government has given the green signal for the restoration… Read More
Rupee Drops to Another Low Against US Dollar as Rapid Depreciation Continues
The Pakistan Rupee (PKR) continued its downward movement against the US Dollar (USD) in the currency market from the entire… Read More
Packages Ltd. Board of Directors Approve Local Starch Business
The Board of Directors of Packages Limited has approved the formation of a wholly-owned local subsidiary to carry out corn-based… Read More
National Savings is Without A Chairperson Since 2018
Pakistan’s largest state-owned and run financial institution, Central Directorate of National Savings (CDNS), with over Rs. 3.4 trillion portfolio, has… Read More
Power Sector’s Circular Debt Will Fall to Rs. 1.1 Trillion by FY 2023
The power sector circular debt is likely to stay above Rs. 1.1 trillion by the end of the fiscal year… Read More
