The government told the Senate Standing Committee on Power on Tuesday that it might lower net metering tariff for rooftop… Read More
Roshan Digital Account Inflows Decline 11.25% in January 2024
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) arrived at $142 million in January 2024, falling 11.25 percent compared… Read More
Barclays Maintains Positive Outlook on Pakistan’s Sovereign Bonds Amid Uncertainty
Barclays retains its overweight rating on Pakistan and recommends buying on weakness as the new government is unlikely to default… Read More
CCP Approves Acquisition of Fauji Cereals Business by Fauji Foods Limited
The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s Fauji Foundation’s Fauji Cereals Business by M/s Fauji… Read More
FBR Revenue Collection Up 30% in 7 Months of FY24
The Federal Board of Revenue (FBR) has collected revenue of Rs. 5,150 billion from July 2023 to January 2024 against… Read More
Bank of Punjab Posts Rs. 11 Billion Profit in 2023
The Bank of Punjab (PSX: BOP) has announced a profit after tax of Rs. 11 billion for the calendar year… Read More
PTA Inaugurates Tier-3 Compliant Data Center
Pakistan Telecommunication Authority (PTA) inaugurated its Tier 3 compliant data center, today. The ceremony, graced by Caretaker Federal Minister for… Read More
Rupee Falls But Manages to Stay At 279 Against US Dollar
The Pakistani rupee posted losses against the US Dollar today after opening trade at 281 in the interbank market. It… Read More
US Firm Signs Agreement to Invest $200 Million in Pakistan’s Pink Salt Industry
Caretaker Prime Minister Anwaar ul Haq Kakar on Tuesday said the effective utilization of human as well as mineral resources… Read More
Commerce Minister to Lead Delegation of Industrialists to Saudi Arabia
Caretaker Federal Minister for Commerce and Industries Gohar Ejaz is leading a delegation of 24 top business groups of the… Read More
FBR Issues New Recovery Procedure to Avoid Illegal Attachment of Taxpayers’ Bank Accounts
The Federal Board of Revenue (FBR) has issued a new recovery procedure for the Inland Revenue field formations to avoid… Read More
PTA Issued 89 Cyber Security Advisories in 2023
The Pakistan Telecommunication Authority (PTA) issued 89 Cyber Security Advisories during the last year, aiming to enhance collective understanding and… Read More
