Remittances sent by overseas Pakistanis increased by 13.4 percent year-on-year (YoY) to $2.4 billion in December 2023 compared to inflows… Read More
Urea Prices Set to Increase After ECC Move
The Economic Coordination Committee (ECC) of the Cabinet has allowed manufacturers to include financing costs which will eventually increase the… Read More
Pakistan’s Talks with Chinese Banks Over $600 Million Loan Hit Snag
Negotiations between two Chinese banks and the Government of Pakistan over a proposed $600 million loan have hit a snag,… Read More
Finnish Company Signs 12-Year Renewal With Sindh Nooriabad Power Company
Finnish firm Wärtsilä has renewed its Operation and Maintenance arrangement with Sindh Nooriabad Power Company (SNPC) for another 12 years,… Read More
Rupee Marches On 5th Day in a Row Against US Dollar
The Pakistani rupee rose marginally 5th day in a row against the US Dollar today after opening trade at 280… Read More
FTO Orders FBR to Investigate Cases Where Citizens Were Wrongly Coerced by the Board
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to investigate all cases across the country… Read More
Z2C Limited to Scale Back bSecure Amid OTT Push
Venture accelerator Z2C Limited is scaling back its universal checkout solution, bSecure. Launched in 2020 in partnership with Adam Dawood,… Read More
FTO Exposes Tax Fraud by Medical Colleges
The Federal Tax Ombudsman (FTO) has found misappropriations and irregularities by Trusts controlling the medical colleges. This included improper compliance… Read More
Rupee Gains More Ground 4th Day in a Row Against US Dollar
The Pakistani rupee rose slightly 4th day in a row against the US Dollar today after opening trade at 281… Read More
Pak-Afghan Trade Falls By 16% in December 2023
Bilateral trade between Pakistan and Afghanistan witnessed a 16 percent year-on-year (YoY) decline in December 2023. On a month-on-month (MoM)… Read More
Caretaker Govt Triples Loan Borrowing to Break Pakistan’s 76-Year Record
The caretaker government is borrowing money like crazy and creating massive debt without taking care of the existing debt burden… Read More
LCCI Urges FBR to Revisit Order Forcing Retailers to Integrate With POS
The Lahore Chamber of Commerce and Industry (LCCI) President Kashif Anwar has urged the Federal Board of Revenue to revisit… Read More
