The Federal Board of Revenue (FBR) has seized 1,235 packerites of cigarettes having an approximate value of Rs. 96 million during a… Read More
Pakistan, Iran Agree to Take Bilateral Trade Volume to $10 Billion
Pakistan and Iran have decided to increase the trade volume between the two countries to $10 billion, Iranian President Ebrahim… Read More
Pakistan’s Real Effective Exchange Rate Hits 3-Year High of 104.07 in March 2024
Pakistan’s Real Effective Exchange Rate (REER) increased by 1.97 percentage points to 104.07 in March 2024, according to data released… Read More
Germany is Launching Opportunity Card for Foreigners Looking for Jobs
Germany is set to introduce the Opportunity Card in June 2024, a new program aimed at facilitating employment for qualified… Read More
FTO Directs FBR to Act Against Exporters Over Fake Export GDs
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action against exporters, who are intentionally misusing unique… Read More
CCP Approves Singaporean Company’s Share Acquisition in Pakistani Food Company
The Competition Commission of Pakistan (CCP) has granted approval to the share acquisition of a Pakistani food company by four… Read More
PSX Closes Above 71,400 For First Time in History
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Monday, surpassing its previous high of 70,909 seen… Read More
Pakistan Achieves Highest-Ever Monthly IT Exports In March 2024
IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services increased by around 17.37 percent during… Read More
Foreign Direct Investment Hits 21-Month High in March 2024
The Foreign Direct Investment (FDI) in the country rose to $258 million in March 2024, up 52 percent over the… Read More
Pak Rupee Begins Big Week With Losses Against US Dollar
The Pakistani rupee reversed Friday’s gains against the US Dollar after opening trade at 278 in the interbank market. It… Read More
Punjab Announces Free Solar System for 50,000 Households
Chief Minister Punjab Maryam Safdar has announced free solar systems for 50,000 households in a bid to promote renewable energy… Read More
Attock Refinery Shuts Down Main Plant
Attock Refinery Limited (PSX: ATRL) has shut down its main crude distillation unit with immediate effect, the company informed the… Read More
