The country borrowed $1.308 billion from multiple financing sources during the first quarter (July-September) of the current fiscal year 2024-25… Read More
Elphinstone Acquires Trikl to Drive WealthTech Innovation in Pakistan
Y Combinator-backed investment platform Elphinstone has announced its acquisition of Trikl, a Pakistan-based WealthTech startup backed by Orbit Startups. The… Read More
Pakistani Developers Earn Lowest Annual Salaries Globally
Full-time employed professional developers in Pakistan earn some of the lowest salaries globally, ranging from $2,000 to $12,000 annually, falling… Read More
Pakistan Railways Seeks 130% Increase in Budget for Importing Over 1,000 Bogies
Pakistan Railways (PR) has requested a 130 percent increase in its budget from Rs. 31 billion to Rs. 71 billion… Read More
Pakistan to Get $1.6 Billion From China for Karakoram Highway Project
Pakistan is close to finalizing a $1.6 billion financing agreement with China for upgrading the Thakot-Raikot section of the Karakoram… Read More
Only 20% of Registered Companies Are Paying Sales Tax: FBR
Around 40,000 sales tax registered companies are paying sales tax against 200.000 registered companies with the FBR. FBR data revealed… Read More
FBR Strips Down DG Customs and New Enforcement Directorate of Multiple Powers
The Federal Board of Revenue (FBR) has removed duplicative enforcement roles of the Directorate General of Intelligence and Investigation (Customs)… Read More
Pakistan Officially Asks for Additional ¥10 Billion Loan From China
Pakistan has requested another loan of CN¥ 10 billion ($1.4 billion) from China to ease its external financing needs. Finance… Read More
OGRA Approves 266,000 Metric Tons of Diesel Imports Amid Soaring Local Sales
The Oil and Gas Regulatory Authority (OGRA) has rebutted news that the country is carrying healthy stocks of HSD and… Read More
FM Continues to Promote Pakistan’s Investment Potential At IMF/WB Meetings
Minister for Finance and Revenue Muhammad Aurangzeb continued his engagements on the fourth day of his visit to Washington DC… Read More
PSO Approves Rs. 3.15 Billion Loan for Pakistan Refinery Ltd
Pakistan State Oil Company Limited (PSX: PSO) has approved a loan facility of Rs. 3.15 billion for Pakistan Refinery Limited… Read More
NADRA Shares Private Data of Rich Pakistanis Evading FBR Taxes
On special demands of the International Monetary Fund (IMF) to enhance the tax net to collect higher revenue, the Federal… Read More
