Pakistan Telecommunication Authority (PTA) has expressed support for reducing taxes imposed on mobile phones brought into the country from abroad.… Read More
PTCL Shareholders Approve Acquisition of Telenor Pakistan and Orion Towers, Greenlight $400 Million Financing
Pakistan Telecommunication Company Limited (PTCL) shareholders have approved the company’s acquisition of 100% shares in Telenor Pakistan (Private) Limited and… Read More
IMF Report Exposes How Sugar Cartels Manipulate Prices and Hoard Profits in Pakistan
The latest IMF Technical Assistance Report describes Pakistan’s sugar sector as a clear example of how powerful industry groups and… Read More
Rupee Up 40th Day in a Row Against US Dollar Despite Small Gains
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) 40th day in a row on Thursday. Meanwhile,… Read More
The Organic Meat Company Begins Direct Meat Exports to Carrefour Qatar
The Organic Meat Company Limited (TOMCL) has secured approval to supply meat products directly to Carrefour Qatar, marking the company’s… Read More
Honda Atlas Cars Posts a Shocking 242% Increase in Profits
Honda Atlas Cars (Pakistan) Limited (HCAR) announced its financial results for 1HMY26 on Wednesday, posting a profit after tax of… Read More
Pakistan Secures $330 Million ADB Loans to Deliver Cheap Electricity in Northern Areas
The Asian Development Bank has approved $330 million in loans for Pakistan’s Second Power Transmission Strengthening Project to help it… Read More
Gold Returns to Its Previous Value After a Sudden Increase in Price
Gold prices in Pakistan fell on Thursday, in line with a drop in the international market. In local trading, gold… Read More
Shield Corporation to Delist from PSX
Shield Corporation Limited’s board of directors has approved a plan to delist the company from the Pakistan Stock Exchange (PSX)… Read More
IMF Warns Pakistan’s SIFC Risks Public Trust, Calls for Sweeping Reforms
The International Monetary Fund (IMF), in its latest technical assistance report on Pakistan’s governance and corruption vulnerabilities, has called for… Read More
Senate Panel Urges SBP to End Mandatory Abaya Policy for Female Bank Staff
A parliamentary committee and the government agreed to press the State Bank of Pakistan (SBP) to stop commercial banks from… Read More
IMF Flags Systemic Corruption in Pakistan
The International Monetary Fund (IMF), in its long-awaited Governance and Corruption Diagnostic Assessment (GCDA), has delivered a stark warning on… Read More
