Prime Minister Shehbaz Sharif has signed the Pakistan Oil Refining Policy, which has been circulated to various ministries and government… Read More
NHA Board Allows AEDB to Start Bidding Process for Solarization of its Buildings
The National Highway Authority (NHA) Executive Board authorized Alternative Energy Development Board (AEDB) to conduct competitive bidding on behalf of… Read More
Govt Raises Rs. 852 Billion in T-Bills Auction
The cut-off yields on Treasury Bills (T-Bills) went up by 94 basis points (bps) in the auction of the paper… Read More
FBR Exempts Taxes, Duty on Import of Donation Consignments for Flood Affectees
The Federal Board of Revenue (FBR) has exempted sales tax, federal excise duty (FED), and income tax on the import… Read More
IRC Expresses Concerns Over Conditions of Flood Affectees
The International Rescue Committee (IRC) has expressed concerns over the conditions of flood affected people as an estimated 14.6 million… Read More
PC Board Approves Hiring of Financial Advisor for Roosevelt Hotel
The Privatization Board has approved the terms of reference for the hiring of a Financial Advisor for the Roosevelt Hotel.… Read More
Senior US Treasury Official Extends Support to Pakistan on Economic Issues
Robert Kaproth, Deputy Assistant Secretary of the US Department of the Treasury for Asia Wednesday extended his support and cooperation… Read More
All Benches of ATIR Have Become Temporarily Dysfunctional
In an extraordinary development, the first independent forum (Appellate Tribunal Inland Revenue) available to the taxpayers to file appeals against… Read More
Lack of Frameworks has Limited Govt’s Capacity to Exchange Data Securely: WB
Despite the presence of relatively strong national ID and payment systems, the lack of interoperability frameworks and mechanisms has limited… Read More
Intellico AG Interested in A2P Messaging Business in Pakistan
Federal Minister for Information Technology and Telecommunication Syed Amin-Ul-Haque held a virtual meeting with Massimo Cristini, the CEO of Switzerland-based… Read More
SECP to Simplify Process of Rehabilitating Distressed Entities
In a bid to streamline investment processes for Corporate Restructuring Companies (CRCs) and provide greater flexibility for restructuring operations, the… Read More
Passengers Caught With Luxury Mobile Phones and Laptops Worth Millions at Islamabad Airport
Pakistan Customs has recovered luxury mobile phones worth millions at Islamabad International Airport. Sources informed ProPakistani that Customs officials posted… Read More
Pakistan’s First Digital Census Gets Delayed Again
Pakistan Bureau of Statistics has directed all Census District Officers (CDOs) to proceed with all the requisite activities as per… Read More
Steel Industry in Shambles as Scrap Imports Dip by 55% YoY
Pakistan’s steel sector has reached a decade low as scrap steel imports have nosedived by 55 percent year on year… Read More
SBP Mulls Over Opening LCs for Fuel Imports
The issue of pending/blocked letters of credit (LCs) for oil marketing companies (OMCs) and refineries will soon be resolved as… Read More