The Senate Standing Committee on Finance and Revenue convened for its 5th session to study the provisions of the Income… Read More
3G/4G Users in Pakistan Increase By Over 0.5 Million in May
The number of cellular subscribers in Pakistan increased from 192.19 million by end-April to 192.32 million by end-May 2024. The… Read More
UK-based Alif Capital Holdings Acquires Pakistani E-commerce Firm
The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s Alif Innovations (Private) Limited by London-based M/s Alif… Read More
PM Announces Rs. 10.7 Per Unit Cut in Electricity Tariff for Industries
Prime Minister Shehbaz Sharif Friday announced a reduction of Rs. 10.69 per unit in price of electricity for the industrial… Read More
Pakistan’s Petroleum Imports Remain Stagnant in 11 Months of FY24
Pakistan’s petroleum group imports witnessed a negative growth of 0.28 percent during the first eleven months (July-May) of the current… Read More
Economic Affairs Ministry, WAPDA Sign $25 Million Loan Agreement for Mohmand Dam Hydropower Project
The Ministry of Economic Affairs (MoEA) and Water and Power Development Authority (WAPDA) signed a Subsidiary Loan Agreement (SLA) amounting… Read More
Short-term Inflation Crosses 23% as Food Prices Remain High
The Sensitive Price Index-based inflation for the week ended June 13, 2024, increased by 1.30 percent, says the Pakistan Bureau… Read More
IT Ministry Receives Nominations for CERT Council
The Ministry of IT and Telecom (MoIT&T) has made progress in establishing the Computer Emergency Response Team (CERT) Council. The… Read More
SECP Launches New Scheme to Help Companies Easily File Returns After Deadline
The Securities and Exchange Commission of Pakistan (SECP) has launched a regularization scheme for companies grappling with defaults on annual… Read More
Rupee Ends Budget Week With Gains Against US Dollar
The Pakistani rupee (PKR) gained further ground 2nd day in a row against the US Dollar today after opening trade… Read More
New Property Taxes in Budget to Increase Cost Pressures on Construction Sector
The 2024-25 federal budget is expected to have a mixed impact on the construction sector. According to a report by… Read More
Gold Price in Pakistan Posts Slight Increase as International Prices Rebound
The price of gold in the local market rose by Rs. 800 per tola on Friday due to an increase… Read More
