The United Energy Group of China and Pakistan Refinery Limited on Wednesday signed a Memorandum of Understanding (MoU) for a… Read More
Machinery Imports up 11% in September 2023
Pakistan’s machinery imports stood at $522 million in September 2023, up 11 percent over imports of $472 million in September… Read More
Price of Gold in Pakistan Increases by Over Rs. 6,000 Per Tola
The price of gold in Pakistan increased by over Rs. 6,000 per tola on Wednesday to close at Rs. 206,500… Read More
Pakistan’s Petroleum Imports Fall By 28% in First Quarter of FY24
Petroleum group imports witnessed a negative growth of 28.03 percent during the first quarter (July-September) of the current fiscal year… Read More
FBR to Expedite Processing of Sales Tax Refunds for Non-Export Sectors
The Federal Board of Revenue (FBR) has directed field formations to expedite the processing of sales tax refunds filed by… Read More
Pakistan’s Exports Fall by 3.6% in First Quarter of FY24
Pakistan’s exports during the first quarter (July-September) of the current fiscal year 2023-24 (FY24) stood at $6.910 billion (provisional) against… Read More
Pakistan, Japan Sign $5.3 Million Agreement to Reconstruct Educational Facilities
Pakistan and Japan Wednesday signed an agreement worth $5.3 million for the reconstruction of educational facilities in flood-affected areas in… Read More
Crisis Averted As Utility Stores Procures 20,000 Metric Tons of Sugar
The Utility Stores Corporation (USC) has procured 20,000 metric tons of sugar, just a few days after the state-run outlets… Read More
Govt Officers Are Taking Allowances From Pakistan For Foreign-Funded Tours/Courses
Government officers in violation of rules are drawing daily allowance and other allowances from the public exchequer even for foreign… Read More
Uniform Gas Tariff for Non-Export Industries On the Cards
A proposal has been made to implement a uniform gas tariff system for non-export industries throughout the country, well-informed sources… Read More
Engro Polymer Profits Up 17% in Q3 2023 Amid Record-Breaking Sales
Engro Polymer & Chemicals Limited (PSX: EPCL) reported a consolidated profit of Rs. 2.6 billion, up 17 percent year-on-year (YoY)… Read More
PTCL in Advanced Talks With IFC For $400 Million Loan to Buy Telenor Pakistan
Pakistan Telecommunication Company Ltd (PTCL) is in advanced talks with the World Bank’s International Finance Corporation (IFC) on a $400… Read More
