Cement dispatches in Pakistan dipped 0.29 percent year-over-year (YoY) in April to reach 2.943 million tons (MTs) compared to 2.951… Read More
Govt Accepts FPCCI Demand to Regulate Sea Ports
Atif Ikram Sheikh, President FPCCI, has apprised that Qaiser Ahmed Sheikh, federal minister for maritime affairs, has in principle agreed… Read More
Finance Minister Stresses Formulating Strategy to Enhance Tax-to-GDP Ratio
Federal Minister for Finance Muhammad Aurangzeb on Friday emphasized devising strategies to enhance the tax-to-GDP ratio and broaden the tax… Read More
OGDC, PPL Witness Improvement in Recoveries From Customers
Oil and Gas exploration companies were among the top affected companies of the recent spikes in gas rates. However, post… Read More
Gold Price in Pakistan Extends Losing Streak After Fourth Drop This Week
The price of gold in Pakistan dropped for the fourth time this week on Friday to settle at Rs. 239,600… Read More
Rupee Rises 3rd Day in a Row Against US Dollar Ahead of Crucial Saudi Meeting
The Pakistani rupee closed this week in green against the US Dollar third day in a row today after opening… Read More
Power Cement Inks Agreement With Solar Company to Build 9.6 MW Wind Power Plant
Power Cement Limited (PSX: POWER) has signed a term sheet with Burj Solar (Private) Limited (Burj Solar) for the development… Read More
50-Member Saudi Team to Visit Pakistan for Investment Talks
A 50-member delegation from Saudi Arabia will visit Pakistan on Sunday, May 5th, to discuss investment opportunities in various sectors.… Read More
US Endorses Pakistan’s Efforts to Secure IMF Loan For Economic Recovery
The US State Department reaffirmed its support for Pakistan’s efforts to work with the International Monetary Fund (IMF) to improve… Read More
Petroleum Sales Drop to Lowest Level in 6 Months
Petroleum products sales in April 2024 settled at 1.10 million tons, showcasing a decline of 6 percent YoY. According to… Read More
Steel Industry Demands Turnover Tax to Be Reduced to 0.5%
The Pakistan Association of Large Steel Producers (PALSP) has urged the government to reduce the turnover tax rate on the… Read More
Govt Forms Another Committee to Review Previous Committee’s Report On Wheat Imports Scandal
The federal government has formed a new four-member committee to review the previous inquiry committee’s report on the excess wheat… Read More
