The five-member Inquiry Commission headed by Additional DG FIA Abubakar Khudabaksh was formed in July this year to probe into… Read More
Pakistani Rupee Witnesses an Even Greater Drop Against the GBP and Other Currencies
Pakistani Rupee lost against all major currencies in the interbank market today. Last week saw PKR post notable gains against… Read More
China to Bailout Pakistan After Saudi Arabia Refuses Rollover Request
China has agreed to bailout Pakistan again with an agreement to provide $1.5 billion to Pakistan for the repayment of… Read More
Pakistan Increases Mangrove Cover While Global Coverage is Decreasing: WWF
The mangrove cover in the Indus delta has increased by 986.36 square kilometers (sq km) during the past 30 years,… Read More
Pakistani Rupee Made Rapid Improvement Against the GBP This Week
Pakistani Rupee gained 14 paisas to the US Dollar on the final trading day of the week, adding on to… Read More
Gobal Consortium and China Interested in Investing $8 Billion in Ravi City Project
Chinese companies and a global investment consortium have shown interest in investing $8 billion in Ravi City Project in Lahore.… Read More
New Tax to be Imposed on Car Sales to Eliminate “Own Money” from Pakistan
The federal government has decided to impose an additional withholding tax (WHT) on locally-assembled cars, effectively increasing their prices up… Read More
Adviser to PM Hafeez Shaikh Appointed as Federal Minister
Erstwhile Adviser to Prime Minister on Finance, Dr. Abdul Hafeez Shaikh, was sworn in as a Federal Minister by President… Read More
SECP Issues New Regulations for Corporate Insurance Agents
The Securities and Exchange Commission of Pakistan (SECP) has introduced a new regulatory framework and code of conduct for corporate… Read More
Finance Ministry Issues Clarification on A Report Against Govt’s Economic Position
Ministry of Finance issued a clarification regarding an article comparing the tenure of the current government with the previous regime… Read More
Pakistani Rupee Records a Huge Gain Against the GBP
Pakistani Rupee posted a gain of 19 paisas against the US Dollar today. This shift came after a loss of… Read More
Pakistan’s Foreign Exchange Reserves Reach $20.40 BIllion
According to the latest data released by the State Bank of Pakistan (SBP), total liquid foreign reserves held by the… Read More
