Pakistan Telecommunication Authority (PTA) has conducted Spectrum Auction in Pakistan in September 2021 on the Policy Directive of the government… Read More
Foreign Investment Surges to $1.8 billion in First 7 Months of FY22
The overall foreign investment in Pakistan, comprising foreign direct investment (FDI), portfolio investment and foreign public investment soared by 176… Read More
NA Panel Approves Rs. 172 Billion Budgetary Proposals of Power Division for FY23
A parliamentary panel on Thursday unanimously recommended the budgetary proposals of the Power Division and its attached departments amounting to… Read More
Large Scale Manufacturing Posts 7.4% Growth During First 6 Months of FY22
The overall output of Large Scale Manufacturing Industries (LSMI) increased by 7.4 percent for July-December 2021-22 compared to July-December 2020-21… Read More
Sukkur-Hyderabad Motorway Gets Approval With Astonishingly Low VGF
The Public-Private Partnership Authority (P3A) Board has approved the project proposal for the construction of Sukkur-Hyderabad Motorway (M6) at astonishingly… Read More
Govt Imposes Flat 17% Sales Tax on Hospital Supplies
The government has imposed a 17 percent sales tax on supplies to hospitals, severely affecting the operational cost of hospitals… Read More
Surplus Funds of Rs 1.4 Billion with Pak Missions Abroad to be Invested
The Public Accounts Committee (PAC) on Thursday took up some important cases regarding funds used by the Pakistani missions abroad.… Read More
World Bank Credits Pakistan’s Microfinance Sector for Economic Stability
As the economic crisis arising from the COVID-19 pandemic unfolded in Pakistan, the operations of microfinance institutions (MFIs) were severely… Read More
SBP Committee Will Now Decide the Fate of Cryptocurrencies in Pakistan
The State Bank of Pakistan (SBP) has formed a committee on cryptocurrencies that will decide whether or not the crypto… Read More
Govt Announces Decision on Placing Federal Schools Under Municipal Corporation
The Senate Standing Committee on Federal Education and Professional Training met on Thursday under the Chairmanship of Senator Irfan-ul-Haq Siqqidui… Read More
Nayatel Challenges Appointment of PTA’s DG Law in High Court
The appointment of Director General (DG) Law & Regulations, Pakistan Telecommunication Authority (PTA), has been challenged in Islamabad High Court… Read More
Engro Corp. Posts Massive Profit of Rs. 52.61 Billion For CY2021
Pakistan’s premier conglomerate, Engro Corporation announced its financial results for the year ended 31 December 2021. Overview of Financial Performance… Read More
