The federal government has accelerated the privatization process of Pakistan International Airlines (PIA) and finalized a framework for distributing the… Read More
Germany to Increase Required Amount for Blocked Bank Account Soon
The amount that students from non-EU countries need to have in their bank accounts to study in Germany has been… Read More
SBP to Announce FY25’s First Monetary Policy Next Week
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet next week on Monday, July 29,… Read More
Pakistan’s Mobile Imports Cross $1.8 Billion in FY24
The country imported mobile phones worth $1.898 billion during the fiscal year 2023-24, registering a growth of 233 percent when… Read More
Govt Reduces Capital Gains Tax on Non-Filers by Half
The National Clearing Company of Pakistan Limited (NCCPL) on Friday announced the market-wise applicable capital gains tax (CGT) effective July… Read More
PM Shehbaz Receives Plan for Transfer of Chinese Industries to Pakistan
Prime Minister Shehbaz Sharif on Saturday received a comprehensive roadmap for the transfer of Chinese industries to Pakistan. During a… Read More
Competition Tribunal Upholds CCP Penalty on Reliance Paints For Price Fixing Tactics
The Competition Appellate Tribunal has upheld the decision of the Competition Commission of Pakistan (CCP) against M/s Reliance Paints Pakistan… Read More
DG Khan Cement to Establish Subsidiary in US
The Board of Directors of DG Khan Cement Company Limited (PSX: DGKC) has accorded its approval to management to explore… Read More
Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report
Digital transactions stood at 83 percent of total retail payments for the quarter, processed by banks and Electronic Money Institutions… Read More
Rupee Posts Small Losses Against US Dollar After Troubling Fitch Projections
The Pakistani rupee (PKR) suddenly reversed gains against the US Dollar today after opening trade at 278 in the interbank… Read More
T-Bills Attract $194 Million From Foreign Investors in June
Foreign investors poured in $194 million in local T-Bills through Special Convertible Rupee Accounts (SCRA) in June 2024. In FY24… Read More
Tractor Prices Skyrocket By up to Rs. 323,000 Due to New Taxes
Local tractor prices have surged up to Rs. 323,000 per vehicle to as high as Rs. 3.55 million in Pakistan… Read More
