The Securities and Exchange Commission of Pakistan (SECP) has proposed new conditions and restrictions on the companies registered as charitable… Read More
Talks Underway to Bring PayPal and Stripe to Pakistan: IT Minister
Caretaker Federal Minister for Information Technology and Telecommunication Dr Umar Saif Tuesday said that the government is in talks with… Read More
SIFC Finalizes Plans to Resolve Issues Related to Four Key Sectors
A meeting of the Executive Committee of the Special Investment Facilitation Council (SIFC) Tuesday finalized plans to resolve issues related… Read More
Gul Ahmed Textile’s Profit Declines by Over 50% in FY23
Gul Ahmed Textile Mills Limited (PSX: GATM) has posted consolidated profit after tax of Rs. 4.89 billion for the year that… Read More
Sindh Increases Minimum Monthly Wages for Skilled and Unskilled Workers
The Minimum Wages Board Sindh has revised upward the wages of factory workers in the province. In a statement, Sindh… Read More
Federal Education Dept is Facing a Deficit Worth Billions
The Federal Directorate of Education is facing a budget deficit of Rs. 7 billion. This was revealed during a briefing… Read More
Pakistan and Germany Sign Convention for Elimination of Double Taxation
The Federal Board of Revenue (FBR) initiated re-negotiations on the Agreement for the elimination of double taxation with respect to… Read More
Nishat Mills Limited Posts Highest-Ever Profit of Rs. 12.16 Billion in FY23
Nishat Mills Limited (PSX: NML) announced on Tuesday its financial results for the financial year that ended on June 30,… Read More
SECP Amends AML/CFT Regulations
The Securities and Exchange Commission of Pakistan (SECP) has introduced important amendments to the Anti-Money Laundering and Countering Financing of… Read More
Pakistan Received Foreign Loans of $3.2 Billion in First 2 Months of FY24
The country borrowed $3.206 billion from multiple financing sources during the first two months (July-August) of the current fiscal year… Read More
Pakistan to Get $150 Million Loan From World Bank For Energy Project
Pakistan has decided to get $150 million from the World Bank for energy saving and capacity building of its officers.… Read More
Roshan Digital Account Inflows Cross $6.6 Billion in August
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at $6.617 billion by the end of August 2023,… Read More
