Pakistan Telecommunication Company Limited (PTCL), the leading telecom and ICT services provider in the country, has announced its financial results… Read More
Kohat Cement Approves Rs. 600 Million Short-Term Financing for Associated Company
The Board of Directors of Kohat Cement Company Limited (PSX: KOHC) has given its approval for the renewal of investment… Read More
FBR Arrests CFOs of Two Textile Companies for Alleged Tax Fraud
In a major development, the Directorate of Intelligence & Investigation-Inland Revenue, Faisalabad has arrested Chief Financial Officers (CFOs) of two… Read More
Chinese Companies Suffer in Pakistan Due to Security Risks, FX, Bad Rupee: Survey
Chinese companies feel unsafe in Pakistan according to a new survey by the China Chamber of Commerce in Pakistan (CCCPK)… Read More
Siemens Pakistan’s Parent Company Okays Sale of Energy Business for Rs. 17.8 Billion
The parent company of Siemens (Pakistan) Engineering (PSX: SIEM) has approved the sale of its energy business to a non-affiliated… Read More
FBR Eyes Rs. 300 Billion Tax Collection from Agriculture Sector
The Federal Board of Revenue (FBR) has estimated that it will collect a maximum amount of Rs. 300 billion from… Read More
IMF Flags Dangerous Risks in Govt’s Growing Dependence on Banks, SBP for Liquidity
The International Monetary Fund (IMF) has warned about the “complex tripartite relationship” between the federal government, commercial banks and the… Read More
Govt to Hike SBP Policy Rate in Case of High Inflation, External Pressures
The government has committed to the International Monetary Fund (IMF) to increase the policy rate if new inflationary pressures emerge… Read More
Govt to Publicly Reveal Assets of Bureaucrats and Officers Via New FBR Portal
The government has assured the International Monetary Fund (IMF) that asset declarations of high-level public officials (BPS 17-22) (including domestic… Read More
SBP Launches Challenge Fund For Facilitating SMEs
The State Bank of Pakistan (SBP) has launched a Challenge Fund for SMEs (CFS) to support banks and financial technology… Read More
Masood Textile Mills Raises Rs. 2 Billion From Sukuk Issue for Debt Repayment
Masood Textile Mills Limited (PSX: MSOT) has successfully completed the Sukuk issue of Rs. 2,000 million carrying a rental rate… Read More
Govt to Impose 7 New Taxes Even If It Misses FY25 Revenue Target By 1%
The federal government has agreed with the International Monetary Fund (IMF) to take new seven taxation measures during 2024-25 in… Read More
