Shareholders of JS Bank Limited have approved the conversion of Term Finance Certificate (TFC-V, issued on August 31, 2023) of… Read More
Bad News: Only Inflation is Driving FBR Tax Revenue
The Federal Board of Revenue (FBR) has shown commendable performance by collecting Rs. 6,710 billion in nine months of fiscal… Read More
Treet Corporation Limited Authorized to Sell 11.3% Stake in Battery Subsidiary
Shareholders of Treet Corporation Limited (PSX: TREET) have authorized the company to divest 11.3 percent paid-up share capital of subsidiary… Read More
Govt Likely to Expedite Disposal of 27,000 Tax Cases Via Ordinance
The government is likely to promulgate a Presidential Ordinance to reduce forums of appeals to decide litigation of over 27,000… Read More
SBP Grants EMI License to PSO Subsidiary
The State Bank of Pakistan (SBP) has granted a license to the fully-owned Subsidiary of Pakistan State Oil (PSO), Cerisma… Read More
Pak Rupee Rises 8th Day in a Row Against US Dollar to End the Week
The Pakistani rupee gained further ground 8th day in a row against the US Dollar after opening trade at 278… Read More
Oman to Introduce Locally Manufactured Electric Cars
Oman, known for its rich cultural heritage and stunning landscapes, is now making waves in the automotive industry with the… Read More
SIFC’s Ambitions For Semiconductor Manufacturing A Bit Unrealistic
The Special Investment Facilitation Council (SIFC) is eyeing a big entry into the global semiconductor and chip design industry, a… Read More
PM Shehbaz Leaves Out Aurangzeb From Council of Common Interests, Adds Dar
Prime Minister Shehbaz Sharif on Friday reconstituted the Council of Common Interests and added Foreign Minister Ishaq Dar but left… Read More
Govt to Classify Cars With 2,000KM Mileage As New For Imports
The federal government has addressed a key issue at Customs counters by altering regulations on vehicle imports whereby imported vehicles… Read More
Finance Minister Expects to Get Much Bigger IMF Program Before End of FY24
Finance Minister Muhammad Aurangzeb on Friday expressed hope that Pakistan will sign a new and much bigger agreement with the… Read More
China’s Tesla EV Rival Officially Enters Pakistan
China’s electric vehicle (EV) giant BYD is coming to Pakistan through a partnership with local company Mega Conglomerate Private Limited.… Read More
