Current shifts in global economics call for innovation in the agriculture sector and a new export portfolio. Olive production in… Read More
Cabinet Committee Considers Separating SNGPL And SSGC
The Cabinet Committee on Energy (CCoE) has been requested by the Petroleum Division to grant approval for the “unbundling” of… Read More
Punjab’s PRIDE Program to Receive $304 Million from World Bank
The World Bank’s Board of Executive Directors has approved $304 million in financing for Punjab Resource Improvement and Digital Effectiveness… Read More
FATF Announces Its Decision on Pakistan’s Greylist Status
The Financial Action Task Force (FATF) on Friday decided to keep Pakistan on the greylist for another four months till… Read More
Pakistan Starts Campaign at Diplomatic Level for IMO Elections
Ministry of Maritime Affairs has started a vigorous diplomatic campaign for winning the elections for International Maritime Organization’s (IMO) category… Read More
Maple Leaf Cement Returns to Profit
Maple Leaf Cement Factory Limited’s (MLCF) announced its financial results for the first quarter ended September 30, 2020. The cement… Read More
Faysal Bank Continues to Post Huge Profits in 2020
Faysal Bank Limited announced its financial results for the nine months ended September 30, 2020. Despite the disruption to business… Read More
Faysal Bank Mandates Hijab and ‘Loose Dresses’ for All Female Employees
Faysal Bank has made it compulsory to wear hijab and dresses with loose-fitting for its female employees under its new… Read More
Rupee Continues to Gain Against Dollar, Reducing Pakistan’s Debt by Rs. 760 Billion
Pakistani rupee continued its appreciation against the US Dollar in the interbank market as it regained Rs. 1.12 against the… Read More
Askari Bank Reports Massive Increase in Profits During COVID-19 Pandemic
Askari Bank Limited (ABL) maintained high growth in profitability by 87 percent by the end of nine months of 2020… Read More
Govt Sets up Islamic Company to Attract Investments in Naya Pakistan Certificates
The government has established a wholly-owned special purpose entity, namely Islamic NPC Company Limited (INPCCL), which shall be issuing Islamic… Read More
A Tea Whitener Company Has Evaded Rs. 16 Billion in Taxes: FBR
A tea whitener manufacturing company was found to be involved in tax evasion worth approximately Rs. 16 billion. According to… Read More
Complaint Oversight Committee of the FBR to Setup a Complaint Registration and Resolution System
Mr. Mussadaq Zulqarnain- Chairman Complaint Oversight Committee of the FBR called on the Adviser to the Prime Minister on Finance… Read More
FBR and NADRA to Jointly Analyze Data for Broadening the Tax Base: FBR Policy Board
Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh chaired the 3rd meeting of the FBR Policy Board… Read More
IT Exporters Can Now Retain a Big Chunk of Their Foreign Exchange Earnings
In order to facilitate IT exporters, the State Bank of Pakistan (SBP) has relaxed the conditions of maintaining foreign exchange… Read More
