The government has decided to expedite the process of rightsizing to meet the conditions and targets set by the International… Read More
Rupee Continues to Fall Further Below 281 in Final Week of April
The Pakistani rupee (PKR) closed in red against the US Dollar (USD) today after opening trade at 282 in the… Read More
PSX Announces Holiday on May 1
The Pakistan Stock Exchange (PSX) will remain closed on Thursday, May 1, on the occasion of Labour Day. “All concerned… Read More
State Bank Retains 2.5–3.5% Real GDP Growth Target for FY25
The State Bank of Pakistan (SBP) stands firm on its projection for real GDP growth in the range of 2.5… Read More
Govt to Announce Small Decrease in Electricity Prices Soon
Electricity prices are expected to decrease slightly both under the monthly fuel charges adjustment (FCA) for March and the quarterly… Read More
Toyota Indus Motors’ Profit Grows 76% to Rs. 16.55 Billion in 9 Months
Indus Motor Company Limited (PSX: INDU) announced its financial results for the nine months ended March 31, 2025 (9MFY25), posting… Read More
Container Blockade At Ports Cause Up to Rs. 100 Million in Demurrage Losses
Port congestion has caused demurrage losses of Rs. 80-100 million, with around 200 containers still stranded, the Federal Board of… Read More
Will Govt Reduce Petrol Prices This Time?
Petroleum prices in Pakistan will likely decrease this week or see no change at all after huge fluctuations in international… Read More
Ahmad Tariq Resigns As CEO Samba Bank
The President and Chief Executive Officer (CEO) of Samba Bank Limited (PSX: SBL) Ahmad Tariq Azam has resigned from his… Read More
Supernet Inks Agreement to Provide Internet Services At Reko Diq
Supernet Limited (PSX: GEMSNL) announced today that it has entered into a strategic partnership with Reko Diq Mining Company to… Read More
Govt Collected Property Tax of Rs. 169 Billion in 9 Months of FY25
The Federal Board of Revenue (FBR) collected Rs. 169 billion in Withholding Tax (WHT) on property sales and purchases in… Read More
Prices for Used Computers, Laptops and Accessories To Drop Sharply Following Customs Revision
Directorate General of Customs Valuation Karachi has drastically reduced customs values on the import of old and used computers, laptops,… Read More
