The salaried class paid Rs. 111 billion or 1,550 percent higher tax than traders during the first quarter of the… Read More
IMF Advises Pakistan to Spend 1% of its GDP Against Climate Shocks
The International Monetary Fund (IMF) has advised Pakistan to spend one percent of its GDP to protect itself against climate… Read More
Chinese Corporation to Provide $1 Billion to Upgrade Pakistan Refinery Ltd
A Chinese investment company has decided to invest $1 billion in Pakistan Refinery Limited (PRL) to upgrade its production facilities.… Read More
Govt Repays Loan of Rs. 92 Billion to Local Banks
The federal government has paid back over Rs. 92 billion to local banks in the current fiscal year after amassing… Read More
Not Even Top 5% Wealthiest People in Pakistan File Tax Returns: FBR Chairman
Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday said that not even the top 5 percent of… Read More
80 Pakistani Companies Participate in GITEX Global 2024 in Dubai
Pakistan Software Houses Association (P@SHA) Chairman Sajjad Mustafa Syed has said that Pakistan – as the Tech Destination – made… Read More
PSX Surges 365 Points to Record Highest-Ever Closing
The 100-Index of the Pakistan Stock Exchange (PSX) gained 365.32 points on Wednesday to close at 86,205.66 points, its highest-ever… Read More
Cabinet Approves Export of 500,000 MT Surplus Sugar
The federal cabinet Wednesday approved the export of 500,000 metric tonnes of sugar through a circulation summary. Last week, the… Read More
Rupee Down 3rd Day in a Row Against US Dollar, Stays At 277
The Pakistani rupee (PKR) posted losses third day in a row against the US Dollar (USD) after opening trade at… Read More
Ghani Glass Shuts Down Furnace for Maintenance
Ghani Glass Limited (PSX: GHGL) has shut down one of the furnaces of Pharma Glass at its Karachi plant. “This… Read More
FFC Acquires Voting Shares in Agritech Limited
Fauji Fertilizer Company Limited (PSX: FFC) has acquired voting shares in Agritech Limited (PSX: AGL), the company informed the main… Read More
Abhi Secures $15 Million Financing for Further Expansion in UAE
Pakistani fintech Abhi has secured $15 million in credit financing through a credit facility led by Shorooq Partners and Amplify… Read More
