The Pakistan Software Export Board (PSEB) has extended financial and technical assistance to 15 IT/ITeS software companies for ISO27001 and… Read More
US Wants to Provide Loan For Pakistan’s Reko Diq
The United States wants to provide debt financing for the Reko Diq mining project in Pakistan. The Export-Import (Exim) Bank… Read More
Bahrain-Based Investment Group to Acquire 75% Stake in Faysal Bank JV
Ithmaar Holding, the parent company of Faysal Bank Limited (PSX: FABL) held its EOGM on Wednesday to get approval from… Read More
Lucky Core Industries’ Subsidiary to Buy Back Its Shares
The Board of Directors of Lucky TG (Private) Limited, a subsidiary of Lucky Core Industries Limited, has allowed the company… Read More
Pakistan Assembled Nearly 11 Million Mobile Phones in First 4 Months of 2024
The local manufacturing/assembling plants manufactured/assembled 10.85 million mobile handsets during the first four months (January-April) of the calendar year 2024… Read More
Govt Enforces Essential Services Act At PIA to Ensure Operational Continuity
The government has invoked the Pakistan Essential Services (Maintenance) Act, 1952 for the next six months at Pakistan International Airlines… Read More
IMF Urges Pakistan to End Subsidies for Exporters
The International Monetary Fund (IMF) has directed Pakistan to end subsidies for exporters. Sources said that the lender has asked… Read More
RTO Rawalpindi Destroys Smuggled Cigarettes Worth Rs. 202 Million
A ceremony for the destruction of a massive quantity of illicit/smuggled/counterfeit cigarettes was held by the Jhelum Zone of the… Read More
Govt Raises Rs. 501 Billion Via T-Bills, Cut-Off Yields Down by up to 60 BPS
The cut-off yields on Treasury Bills (T-Bills) went down by up to 60 basis points (bps) in the auction of… Read More
IMF Warns Pakistan’s Current Account Deficit Could Spike By $1.54 Billion Next Fiscal Year
The International Monetary Fund (IMF) has worked out Pakistan’s current account deficit (CAD) target of $4.55 billion for the new… Read More
Hutchison Ports Pakistan Marks Arrival of Largest Container Vessel Ever to Berth in Pakistan
Hutchison Ports Pakistan welcomes the maiden call of the CV MSC ANNA, the largest container vessel ever to berth in… Read More
FBR Unblocks Mobile SIMs of Over 7,000 Persons After Filing of Tax Returns
The Federal Board of Revenue (FBR) has restored blocked mobile SIMs of over 7,000 persons who filed tax returns. According… Read More
