Some economies in developing Asia are aging rapidly, however Pakistan, will still share lower than 10 percent by 2050, says… Read More
Pakistan Losing Rs. 227 Billion Per Year Due to Smuggled Iranian Oil
Pakistan is losing Rs. 227 billion annual tax revenue as 10 million liters of Iranian petrol and diesel enter Pakistan per… Read More
FBR Wants to Increase Withholding Tax Rate to 10% On Non-Filer Traders
The Federal Board of Revenue (FBR) now wants to increase the withholding tax (WHT) rate to 10 percent for non-filer… Read More
Govt Borrowing From Banks Hits Record Rs. 5.7 Trillion in Just 10 Months
The federal government has borrowed over Rs. 5.7 trillion from banks, official data from the State Bank of Pakistan (SBP)… Read More
Barrick Gold Trying to Raise $2 Billion Funds for Reko Diq
Canadian mining company Barrick Gold is negotiating with the International Finance Corporation and other entities to help raise $2 billion… Read More
TPL REIT Fund IPO Goes Live At PSX
Public subscription for the initial public offering of TPL REIT Fund I has commenced, the lead manager to the listing… Read More
Responsible Use of Social Media is of Utmost Necessity: IT Minister
The government conveyed to the Asia Internet Coalition (AIC) comprising global digital media giants that responsible use of social media… Read More
FBR to Issue Higher Property Rates in July 2024
The Federal Board of Revenue (FBR) will issue increased values of immovable properties from July 1, 2024. The FBR has… Read More
Govt Asks World Bank to Restructure $230 Million Karachi Project
The government has requested the World Bank to restructure the “Competitive and Livable City of Karachi Project” worth $230 million,… Read More
Cement Manufacturers Voice Concerns Over Deteriorating Law and Order Situation
All Pakistan Cement Manufacturers Association (APCMA) has shown serious concerns over the deteriorating law and order situation, which is threatening… Read More
CAA Grants License to Another Airline to Launch Operations
The Civil Aviation Authority (CAA) has officially granted a charter license for K2 Airways for commencing airline operations, CAA Spokesperson… Read More
Czech Company to Invest Over $1 Million in Pakistan
Icewarp, a software company from the Czech Republic, announced its plans to launch its full-fledged operation in Pakistan, including a… Read More