The Pakistani rupee ended the week with gains against the US Dollar today after opening trade at 280 in the… Read More
Gold Price in Pakistan Rises Again But Yet to Recover Earlier Losses
The price of gold in Pakistan rose for the second consecutive day on Friday to settle at Rs. 212,400 per… Read More
Mari Petroleum Discovers Gas in Balochistan
Mari Petroleum Company Limited (MPCL) has made a gas discovery at Maiwand X-1 ST-1 exploration well drilled in Block 28,… Read More
Foreign Companies Required to Maintain Ownership Records to Submit to SECP
The foreign companies operating in Pakistan would be required to maintain records of their ultimate beneficial owners for submission to… Read More
Smartphone Installment Policy is Now Awaiting Approval from Two More Ministries
The Ministry of IT and Telecom is poised to advance its mobile phone installment policy as it moves towards seeking… Read More
Ramazan Relief Package to Go Live on March 4
The long-awaited Ramadan relief package is set to roll out at Utility Stores starting from March 4th, 2023, sources told… Read More
Muhammad Jahanzeb Rahim Assumes Charge As Member Telecom At IT Ministry
Muhammad Jahanzeb Rahim has recently been appointed as Member Telecom within the Ministry of IT and Telecom Pakistan. His appointment,… Read More
Customs Unearths Rs. 27.5 Billion Tax Fraud By Importers
The Directorate Post-Clearance Audit (PCA) South has an elaborate tax evasion scheme by importers under the guise of the export… Read More
Pak Suzuki Initiates Share Purchase Offer for PSX Delisting
Pak Suzuki Motor Company Limited (PSX: PSMC) has initiated the share purchase offer (SPA) to sell 22.14 million shares of… Read More
2023 Was A Bad Year for Car and House Financing
Car financing continued to fall in the calendar year 2023, down 26 percent YoY to Rs. 251 billion by the… Read More
Engro Fertilizers Posts Record-Breaking Profit in 2023
Engro Fertilizers (PSX: EFERT), Pakistan’s premier seed-to-harvest solutions provider, posted its highest-ever profit of Rs. 26.2 billion in the calendar… Read More
FBR Must Disclose Standards Used for Determining Fair Market Value of Properties: FTO
The evaluators of the Federal Board of Revenue (FBR) must disclose or report the published valuation standards used for the… Read More
