The federal government has reduced the sales tax rate on MS petrol. According to the notification by the Federal Board… Read More
Cabinet to Approve National Cyber Security Policy 2021 Tomorrow
The federal cabinet is likely to approve the first ‘National Cyber Security Policy 2021’ on Tuesday. Federal Minister for Information… Read More
Karachi Circular Railway’s Feasibility Study Will Be Completed By Mid-August 2021: Asad Umar
Federal Minister for Planning, Development, and Special Initiatives, Asad Umar, chaired a meeting to review the present status of preparation… Read More
IFC’s Investment in Engro Polymer & Chemicals Ltd to Expand Operations and Promote Energy Efficiency
International Finance Corporation’s (IFC) $15 million investment in Engro Polymer & Chemicals Limited (EPCL) is expected to create jobs, improve… Read More
Number of 3G and 4G Users Increases to 99.85 Million
The number of 3G and 4G users in Pakistan reached 99.85 million by the end of June 2021, compared to… Read More
Govt Gives 10-year Tax Exemption To Zone Developers and Enterprises
The federal government has given a 10-year tax exemption to Zone developers and enterprises through passing the Special Technology Zone… Read More
Mobile Phone Imports Increase by Over 50% in FY21
Pakistan imported mobile phones worth $2.065 billion during 2020-21 compared to $1.369 billion during 2019-20, showing growth of 50.75 percent,… Read More
Dastgyr Raises $3.5 Million in Seed Funding
Dastgyr and London-based advisors EquiTie carried out a seed funding round to raise $3.5 million.… Read More
ADB Revises Growth Projections in Its Asian Development Outlook Report
The government of Pakistan estimated growth at 3.9 percent in fiscal year 2021, the improvement underpinned by strong growth in… Read More
Pakistan’s Textile Exports Increased by 23% in FY21
The country’s textile group exports grew by 22.94 percent during the last financial year 2020-21 and remained $15.4 billion as… Read More
PTA Blocks TikTok in Pakistan for Inappropriate Content
Pakistan Telecommunication Authority has blocked the access of TikTok for users in Pakistan, we have confirmed. In a statement issued… Read More
Here’s How Much Foreign Debt Pakistan Borrowed in FY20-21
Pakistan incurred a foreign debt of $14.282 billion from multiple financing sources during the fiscal year 2020-21, including $4.721 billion… Read More
