The federal government has warned independent power producers (IPPs) including wind power plants that those refusing to renegotiate agreements will… Read More
Sazgar’s Profit Grows by Nearly 370% in 1HFY25
Sazgar Engineering Works Limited (PSX: SAZEW) posted a profit after tax of Rs. 6.6 billion for July-December FY25, up 369… Read More
Pakistan’s Dollar Bonds Yield Hits 3-Year Low
The yield on Pakistan’s Dollar Bonds has dropped significantly from over 50 percent to close to 9 percent, marking a… Read More
PSX Enhances Maximum Order Limits in Trading System
The Pakistan Stock Exchange (PSX) has announced an increase in the Maximum Order Value limits for trading, effective from Monday,… Read More
Power Companies to Charge Sales Tax Without Considering Net Metering
The Federal Tax Ombudsman (FTO) has discovered a huge revenue loss of Rs. 9.4 billion and passed an order to… Read More
Gold Price in Pakistan Sets Another Record as Unstoppable Run Continues
The price of 24 karat per tola gold increased by Rs. 1,500 and was sold at Rs. 309,500 on Monday… Read More
SBP Issues License to Wemsol Private Limited to Commence Commercial Operations as EMI
The SBP has given license to Wemsol Private Limited to commence commercial operations as an Electronic Money Institution (EMI). … Read More
IMF Team Satisfied With Pakistan’s Climate Measures At Federal Level
The International Monetary Fund’s (IMF) technical mission has directed provinces to implement federal climate policies and appeared satisfied with the measures… Read More
CCP Announces Rewards Worth Millions for Anyone Who Exposes Cartels
The artificial increase in the price of goods and services in Pakistan, and the lack of quality goods, are largely… Read More
Rupee Falls 2nd Day in a Row Against US Dollar As Open Market Rate Hits 282
The Pakistani rupee (PKR) closed in red against the US Dollar (USD) 2nd day in a row today after opening… Read More
PSO, Azerbaijan’s SOCAR to Set Up Joint Trading Company in Singapore
Pakistan State Oil (PSO) and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a Memorandum of Understanding (MOU)… Read More
Commerce Ministry Utilized Just 10% Development Funds This Fiscal Year
The Commerce Ministry has utilized just 10 percent of the funds allocated to it under the Public Sector Development Program… Read More
