The Capital Development Authority (CDA) and Department of Municipal Administration MCI launched an operation to remove encroachments in Abpara Market… Read More
Hajj Policy Approval Deferred Once Again
The federal cabinet’s decision for approval of the Hajj policy through a circulation summary has been withdrawn and will now… Read More
Toyota Indus Motors Temporarily Stops Production
Indus Motor Company Limited (PSX: INDU) has decided to temporarily suspend operations at its production plant from October 29, 2024,… Read More
Pakistan to Get $1.6 Billion From China for Karakoram Highway Project
Pakistan is close to finalizing a $1.6 billion financing agreement with China for upgrading the Thakot-Raikot section of the Karakoram… Read More
Only Half of 35 Special Economic Zones in Pakistan Are Operational
Only half of total Special Economic Zones (SEZs) in Pakistan are operational while the rest are either under development or… Read More
Toyota Pakistan’s Profits Increased 58% in Q1 FY2025
Indus Motor Company Limited (PSX: INDU) announced earnings (PAT) today for 1QFY25 at Rs. 5.1 billion (EPS: Rs. 64.77), depicting… Read More
ZAREA Limited Applies for Listing At PSX
Pakistan Stock Exchange Limited has informed all investors that ZAREA Limited has applied for listing on the Main Board of… Read More
Only 20% of Registered Companies Are Paying Sales Tax: FBR
Around 40,000 sales tax registered companies are paying sales tax against 200.000 registered companies with the FBR. FBR data revealed… Read More
Sazgar’s Profit Grows by Massive 541% in Q1 FY25
Sazgar Engineering Works Limited (PSX: SAZEW) announced its 1QFY25 result where the company recorded earnings of Rs. 4.2 billion (EPS… Read More
10 IPPs Now Want to Terminate Their Contracts Over Unfair Terms
Ten Independent Power Producers (IPPs) established under Pakistan’s 2002 Generation Policy have approached Prime Minister Shehbaz Sharif and are looking… Read More
Islamabad Police Vehicle Allegedly Used in Theft Transfer of Bomb Disposal Equipment
The Director General Civil Defence has written a letter to the Inspector General of Police regarding the alleged theft and… Read More
FBR Seals 2 Popular Restaurants in Islamabad for Issuing Fake Receipts
As part of FBR’s drive to bring Tier-1 Retailers/Restaurants under the tax net through the POS Invoicing system and after… Read More
