Local refineries want the option to terminate the contract and force majeure in their upgrade deal with the Oil and… Read More
IMF Wants Pakistan to Convert Primary Deficit into Surplus
The International Monetary Fund has focused mainly on Pakistan’s fiscal framework for 2023-24, with an emphasis on converting Pakistan’s primary… Read More
Salt Industry Warns FBR Switch to Manual Refund Process Poses a Serious Threat
The Salt Manufacturers Association of Pakistan has conveyed to the Federal Board of Revenue (FBR) that switching the sales tax… Read More
Pakistan to Expand Strategic Petroleum Reserves Amid Israel’s Brutal Genocide
The caretaker government has decided to increase the strategic petroleum reserves of the country as the situation in the Middle… Read More
Govt Has Approved 21 Projects Worth $3 Billion For Flood-Affected Areas
Since the launch of the Resilient, Recovery, Rehabilitation, and Reconstruction (4RF) framework launched by the Ministry of Planning Development &… Read More
Cement Sales Drop by 5.8% in October 2023
Cement sales in Pakistan declined by 5.78 percent during the month of October 2023. Total Cement dispatches during October 2023… Read More
SBP Signs MoU to Establish Payment System for Remittances From Arab Countries
The State Bank of Pakistan (SBP) in collaboration with the Arab Monetary Fund (AMF) signed an MoU to facilitate cross-border… Read More
Bank of Khyber to Set Up Exchange Company
The Bank of Khyber (PSX: BOK) is set to establish an Exchange Company, the bank informed the Pakistan Stock Exchange… Read More
Price of Gold in Pakistan Jumps By Rs. 1,100 Per Tola
The price of gold in Pakistan jumped by Rs. 1,100 per tola on Friday to close at Rs. 214,400. According… Read More
Weekly Inflation Rises Marginally to 29.9% Amid High Food Prices
The Sensitive Price Index (SPI)-based inflation for the current week, which ended 2nd November 2023, increased by 0.71 percent due… Read More
No Tax Exemption on Import of Carbon Alloy Wire Rods: FBR’s Customs Committee
The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the exemption of regulatory duty cannot… Read More
Sai Venture Capital Launches Rupee-Denominated Fund to Boost Local Startups
Sai Venture Capital Pvt. has launched Pakistan’s first venture capital fund priced in Pakistani Rupee in seven years, targeting the… Read More
