The federal government has started working on attracting foreign investment in vital sectors. As part of this effort, key federal… Read More
Circular Debt: Burden of Payments to Power Companies Spikes to Rs. 1.8 Trillion
The burden of payments to Independent Power Producers (IPPs) has spiked to Rs. 1,800 billion, Finance Ministry sources told ProPakistani.… Read More
Govt Imported Wheat Worth Rs. 7 Billion in April Alone
The federal government is poised to continue importing wheat as procurement from the international market continued without delay during its… Read More
WorldCall’s Holding Company Commences Trading on NASDAQ
Worldcall Telecom Limited (PSX: WTL) has been informed by Worldcall Services (Private) Limited (WSL) that GlobalTech Corporation (GTC), a US… Read More
LSE Ventures Ltd Withdraws Petition to Merge With Blockchain Company
LSE Ventures Limited (PSX: LSEVL) has withdrawn its petition from Lahore High Court to merge with Digital Custodian Company Limited,… Read More
Dubai Islamic Bank Inks Agreement to Join International Finance Corporation’s Trade Program
Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the International Finance Corporation (IFC) to… Read More
Engro Corp Plans Investment Deals in Other Countries Over Next 5 Years
Engro Corporation Limited (PSX: ENGRO) plans to expand its investment portfolio in developing countries over the next five years, reported… Read More
Govt to Slowly Allow Pump Owners to Set Their Own Petrol Prices
The federal government plans to deregulate petroleum prices gradually and only after taking all dealers and Oil Marketing Companies (OMCs)… Read More
IMF Wants Pakistan to Increase Tax Burden on Salaried Class
The International Monetary Fund (IMF) wants Pakistan to rationalize tax rates for individuals by removing the salaried/non-salaried distinction and reducing the… Read More
Attock Refinery Resumes Production At Main Distillation Plant
Attock Refinery Limited (PSX: ATRL) has resumed production at its main crude distillation unit with immediate effect, the company informed… Read More
IPAK Book Building Starts Today
International Packaging Films Limited IPO’s book building phase will be held on May 08 and 09, 2024 where high net… Read More
ECC Increases Wheat Procurement Target for PASSCO
The Economic Coordination Committee (ECC) of the cabinet Tuesday gave approval to increase the wheat procurement target for PASSCO from 1.40 to… Read More
