The Federal Board of Revenue (FBR) has abolished additional customs duty (ADC) on the import of cars, jeeps, and light… Read More
Rupee Continues Losing Streak After Posting Gains for One Day
The Pakistani Rupee (PKR) has resumed its losing streak against the US Dollar (USD) in the interbank currency market. PKR… Read More
Private LPG Importers Misused Govt Policy to Earn Billions
Exploitation of the government’s Liquefied Petroleum Gas (LPG) policy, 2015 and the related consessions led the private sector LPG importers… Read More
CCP Chairperson Accused of “Conflict of Interest” in Inquiry Against Foodpanda
The Competition Commission of Pakistan (CCP) Chairperson, Rahat Kunain, is reportedly facing accusations of conflict of interest, as she was… Read More
Hascol Hires Foreign Experts for Restructuring Plan
Hascol Petroleum Limited, in a bid to reset the company image after the recent scandal of fake purchase orders, has… Read More
Rupee Posts Gains Against US Dollar for the First Time Since The Start of FY21-22
Until today, the Pakistani Rupee (PKR) had constantly been posting losses against the US Dollar (USD) in the interbank currency… Read More
Pakistani Rupee Crosses Rs. 159 Barrier Against US Dollar
The Pakistani Rupee (PKR) has been constantly posting losses against the US Dollar (USD) in the interbank currency market since… Read More
Latest PIBs Auction Narrowly Misses Out on Targeted Financing
The government raised Rs. 146.4 billion through the auction of fixed-rate Pakistan Investment Bonds (PIBs) on Wednesday. The pre-auction target… Read More
Banks Recorded 42.92% Increase in Profits in 2020 Despite Pandemic
The banking sector has posted an increase of 42.92 percent in its profits during the calendar year 2020 (CY20) despite… Read More
Pakistan’s Economy is Making A Strong Comeback Despite COVID-19: IMF
The Government of Pakistan has set its coronavirus vaccination target for the end of 2021 to 70 million people, and… Read More
Oil Prices Cause A Sudden Big Drop in Rupee’s Value Against the US Dollar
The Pakistani Rupee (PKR) has been constantly posting losses against the US Dollar (USD) in the interbank currency market since… Read More
Pakistan Nigeria Eye $1 Billion Bilateral Trade Volume
Nigeria and Pakistan are hoping to increase bilateral trade to nearly $1 billion. Nigeria’s High Commissioner to Pakistan, Abioye Muhammed… Read More
