The Punjab Services and General Administration Department (S&GAD) has issued a notification prohibiting government departments from hosting Iftar celebrations. Because… Read More
FTO Orders Quetta Customs to Probe Fake Auction of Seized Vehicle
Federal Tax Ombudsman (FTO) has detected a major case of fake auction of seized vehicles at the Directorate of Intelligence… Read More
Banks to Remain Open on Saturday and Sunday for Collection of Hajj Forms
In order to facilitate the intending pilgrims to deposit application forms along with dues for Hajj 2023, the State Bank… Read More
Pakistan-Based Delivery Startup Trax Raises $3.7 Million in Early Seed Funding Round
Pakistani delivery startup Trax has raised $3.7 million in seed funding in order to capitalize on growth in the South… Read More
IMF Wants Financial Assurance from Other Creditors Before Finalising Pakistan’s Bailout
The International Monetary Fund (IMF) has again underscored the pressing need for timely financial support from external partners for Pakistan’s… Read More
New FBR Currency Wing Declared As Data Repository for Customs’ AML/CFT Cases
The Federal Board of Revenue (FBR) has directed the newly created Directorate of Cross Border Currency Movement (CBCM) to maintain… Read More
FBR Issues ‘Red Alerts Check List’ for Smuggling Cases Linked With Terror Financing
The Federal Board of Revenue (FBR) has issued a “Red Alerts Check List” for the Counter Terrorism Department for possible… Read More
IMF Rejects Pakistan’s Claim Linking Election Delay With Bailout Agenda
The International Monetary Fund (IMF) rejected Pakistan’s claim that its program conditions were one of the reasons for the postponement… Read More
China Rolls Over $2 Billion SAFE Deposits to Pakistan
China has granted a one-year rollover of $2 billion in SAFE (State Administration of Foreign Exchange) deposits to Pakistan, which… Read More
Bannu Woollen Mills Halts Production
Bannu Woollen Mills Limited (PSX: BNWM) has decided to temporarily shut down production from 25 March to 5 May 2023.… Read More
Rupee Gains 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) achieved further ground against the US Dollar and posted gains during intraday trade today. The Pakistani… Read More
Pakistan’s Import Restrictions Will Worsen The Economy: World Bank
Pakistan’s trade activities have slowed and import trends are pointing toward further decelerations to come, according to World Bank (WB)… Read More
