A meeting of the Cabinet Committee on Rightsizing of the Federal Government was held today at the Finance Division, chaired… Read More
Rupee Suddenly Drops Near 279 Against US Dollar After Brief Respite
The Pakistani rupee (PKR) closed in red after a brief respite against the US Dollar (USD) today after opening trade… Read More
Sui Southern Posts Profit of Rs. 6.5 Billion for H1 FY23
Sui Southern Gas Company Limited (SSGC) has announced a consolidated profit after tax of Rs. 6.5 billion in the first… Read More
Bank Makramah Gets Court Approval for Recovery of Rs. 10 Billion Bad Loans
Bank Makramah Limited (PSX: BML) and OMNI Group have received court approval for their settlement application, the bank informed the… Read More
Pharmacists Warn Against Counterfeit Medical Diagnostic Kits, Chemicals Plaguing Pakistan
Pakistan Pharmacists Association (PPA) has urged to take immediate action against the illegal import, unlicensed manufacturing, and fraudulent labeling of… Read More
Bank Alfalah Reports Rs. 38.3 Billion Profit for 2024
The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on January 30, 2025, approved the Bank’s… Read More
Finance Ministry Congratulates Itself And Other Factors for 80-Month Low Inflation
The Ministry of Finance on Thursday acknowledged that inflation during the first six months of FY2024-25 (July-December) declined to 7.2… Read More
Nestlé Pakistan Wins Top Climate Champion Award at the 1st OICCI Climate Excellence Awards
Nestlé Pakistan’s efforts towards climate action, sustainability, renewable energy, and regenerative agriculture were recognized at the 1st OICCI Climate Excellence… Read More
IT Sector Contributed 10.5% to Pakistan’s Total Exports in FY24
Pakistan’s ICT export remittance inflows contributed over 10.5 percent to Pakistan’s export value during FY2023-24, marking a significant contribution from… Read More
Karachi IT Park Progress: Design Phase and Soil Investigation Completed
The design phase and soil investigation for the Karachi IT Park have been completed. According to a document from the… Read More
Govt Likely to Impose Excise Duty on Sugar
The government is considering imposing a federal excise duty (FED) of Rs 3-4 per kilogram on sugar, sources told ProPakistani.… Read More
No Choice But to Stay With IMF to Secure $100 Billion Financing: Minister of State for Finance
Minister of State for Finance Ali Pervaiz Malik on Wednesday said Pakistan has no choice but to honor the International… Read More
