The government now has no other choice but to proceed with crucial reforms in taxation, privatization, energy and State-Owned Enterprises… Read More
5 Chinese Firms Bid to Help Pakistan Raise Funds Via Panda Bonds
Five Chinese firms submitted bids to Pakistan to raise funds through Panda bonds as the country moves forward with plans… Read More
SBP Refuses to Protect Banks From Losses in PIA Privatization
The State Bank of Pakistan (SBP) has refused to give a waiver for Rs. 268 billion in commercial bank loans… Read More
Govt Extends Electricity Bill Payment Due Dates After DISCOs Accused of Overbilling
The federal government has extended the due dates of electricity bills by 10 days after several complaints that power distribution… Read More
Govt Cuts Prices of Petrol and Diesel
The federal government has announced a cut in the prices of petrol and high-speed diesel. According to a notification issued… Read More
FBR Abolishes Sales Tax on Auction of Used Cars
The Federal Board of Revenue (FBR) has abolished 18 percent sales tax on auction of serviceable old and used vehicles… Read More
SEARL to Sell its Entire Shareholding in Searle Pakistan Limited
The Board of Directors of The Searle Company Limited (PSX: SEARL) has approved the sale of its entire shareholding in… Read More
Czech-Based Group to Acquire German Conglomerate in Pakistan
Czech-based EP Corporate Group (EPCG) will acquire over 20 percent shares from the German industrial conglomerate Thyssenkrupp. The Competition Commission… Read More
There is No Restriction on Social Media in Pakistan: IT Minister
Minister of State for IT and Telecom, Shiza Fatima, spoke with journalists in Parliament. She said that there are no… Read More
Pak Suzuki Has Started Exporting Vehicles to Bangladesh and Afghanistan: CEO
Pak Suzuki Motor Company Limited has started exporting vehicles to Bangladesh and Afghanistan. This was revealed during an inaugural ceremony… Read More
Govt Creates 27-Member Committee for Parliamentarian Schemes With Ishaq Dar As Chairman
The federal cabinet has created a whopping 27-member steering committee for overseeing parliamentarian schemes with Deputy Prime Minister Ishaq Dar… Read More
PSX Loses Over 700 Points to Close Below 78,000 After Nationwide Internet Outage
Bears wrecked the Pakistan Stock Exchange (PSX) on Wednesday with the benchmark KSE-100 index losing over 700 points in intraday… Read More
