Moody’s Investors Service has downgraded Pakistan Water and Power Development Authority’s (WAPDA) corporate family rating (CFR) to Caa1 from B3… Read More
Remittances Decrease by 12% to $2.4 Billion in September
Workers’ remittances in September decreased by 12.3 percent on a year-on-year (YoY) basis and stood at $2.437 billion compared to… Read More
Greentree Holdings Ltd Invests Rs. 1.56 Billion in TRG Pakistan
Greentree Holdings Limited has invested a handsome amount of Rs. 1.56 billion in TRG Pakistan by way of acquiring over… Read More
Pakistan Among 54 Countries Suffering From Severe Debt Problems: UN
Pakistan is one of 54 countries in desperate need of debt relief, having suffered over $30 billion in damages as… Read More
Govt to Form Refarming Panel to Oversee Spectrum Bandwidth Allocations
The Ministry of IT and Telecommunication has proposed a federal-level committee in the draft framework for frequency spectrum reforming. According… Read More
Pakistan Customs Fail to Meet 1st Quarter Revenue Target
Pakistan Customs has failed miserably to meet its revenue target for the first quarter of the current fiscal year. Sources… Read More
Govt Fears Sindh’s Decision to Increase Wheat Support Price Would Worsen Inflation
The federal government believes that the support price of wheat at Rs. 4,000 per 40 kg announced by the Sindh… Read More
Easypaisa App Down Across Pakistan [Updated]
Update: Easypaisa app is now back online. Easypaisa, one of Pakistan’s leading digital payments app, has been down across the… Read More
Banking Mohtasib has Provided Relief of Rs. 639 Million to Customers in 2022 So Far
The Banking Mohtasib Pakistan has provided monetary relief amounting to Rs. 639.1 million to the banking customers by disposing of… Read More
ECC Approves Subsidized Energy Package for Export Industries
The Economic Coordination Committee (ECC) of the cabinet has approved the electricity tariff of Rs. 19.99 per kWh for export-oriented… Read More
SBP Denies Rumors of Market Intervention to Bring Down Dollar Price
The State Bank of Pakistan (SBP) on Monday denied any role in the strengthening of the Pakistan Rupee (PKR) against… Read More
SHC Seeks Opinion of Revenue Bodies Over Sales Tax on Toll Manufacturing
Sindh High Court (SHC) has directed the Federal Board of Revenue (FBR) and Sindh Revenue Board (SRB) to submit their… Read More
