Treet Corporation Limited has decided to exit the education sector. The Institute for Art and Culture, set up in Lahore… Read More
Shop Owners Increase Rents in Plazas Adjacent to Hafeez Center
“Hafeez Center has suffered damages worth Rs. 1.5 billion due to the fire,” said Syed Roohan Sajjad, a computer retailer… Read More
Swiss Pharma Company to Bring $20 Million in Investment to Pakistan
Novartis, a Switzerland based Multinational has acquired a manufacturing facility in Pakistan to produce medicines locally. Advisor to Prime Minister… Read More
PIA to Raise Rs. 20 Billion Through Sukuk
Pakistan International Airlines (PIA) is planning to raise financing through Sukuk, worth Rs. 20 billion. The loss-making national airline will… Read More
Govt Clarifies the Recent News About Medicine Price Hike
The Ministry of National Health Services, Regulations and Coordination, and Drug Regulatory Authority of Pakistani (DRAP) have notified of the… Read More
Pakistan Bureau of Statistics Reports a Mixed Bag of Import-Export Growth
Pakistan’s textile and clothing exports grew by 11.3 percent year-on-year (YoY) basis, reaching $1.189 billion in September 2020 as compared… Read More
PRAL to Develop a Single Portal for Federal and All Provincial Tax Authorities
All provincial revenue authorities have come together for the development and implementation of a “Single portal and Single return,” by… Read More
New SAPM on Revenue Suggests PHL Loans to Be Converted to Investments
The newly Appointed Special Assistant to Prime Minister (SAPM) on Revenue, Dr Waqar Masood, has proposed that loans of Power… Read More
Unemployment Likely to Go Down in the Near Future: Finance Adviser
Adviser to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Sheikh has said that unemployment is likely to go… Read More
SBP’s Foreign Exchange Reserves Drop by Over $1 Billion in One Month
The foreign exchange reserves held by the central bank declined 2.9 percent on a weekly basis, according to data released… Read More
Government Auctions 23 State-Owned Properties for Rs. 1.13 Billion
The auctions held last month by the government for 23 state-owned properties have fetched Rs. 1.13 billion, officials said on… Read More
Despite Recovery Pakistan’s Economy to Suffer Due to Past Loans: IMF
IMF has projected a gradual increase in revenues and reduction in expenditures by the Pakistan government in three years which… Read More
