Gold prices in Pakistani markets surged to an all-time high in the last 24 hours after international rates somewhat regained… Read More
PM Once Again Expresses Desire to Complete IMF’s 9th Review
Prime Minister Shehbaz Sharif said on Tuesday that Pakistan had given a clear message to the International Monetary Fund (IMF)… Read More
Rupee Falls 25th Day in a Row to 231.4 Against US Dollar After SBP Interest Rate Hike
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 25th consecutive day today. The PKR… Read More
Fauji Foods to Raise Rs. 11.7 Billion By Issuing 1.17 Billion Shares
Fauji Foods Limited (PSX: FFL) has received regulatory approval for the issuance of 1.17 billion ordinary shares to Fauji Group… Read More
PTA Receives Rs. 24.2 Billion License Renewal Fee From Jazz
Pakistan Telecommunication Authority (PTA) has received a deposit amounting to Rs. 24.24 billion (the equivalent of USD 105.80 million) from… Read More
Pakistan Should Switch to a Different Debt Repayment Program to Avoid Default
External debt restructuring is an eventuality for Pakistan and the country should try to convert its short-term external loans with… Read More
Kohat Cement to Buy Back 5 Million Shares
The board of directors of Kohat Cement has decided to buy back 5 million ordinary shares of the company having… Read More
FBR to Drop Petrol Tax Bomb on The Masses
The Federal Board of Revenue (FBR) has estimated to collect Rs. 80-90 billion in the remaining period of (2022-23) by… Read More
Textile Companies Lost Rs. 16.1 Billion in a Day
Pakistan’s textile sector incurred roughly Rs. 16.1 billion ($70 million) in losses due to a stoppage of industrial activities amid… Read More
FBR Imposes 20% Duty on LED TV Equipment Import
The customs classification committee of the Federal Board of Revenue (FBR) has imposed a 20 percent customs duty on the… Read More
SBP Allows Systems Ltd Subsidiary to Start EasyPaisa-Like Wallet Services
The State Bank of Pakistan (SBP) has granted permission to EP Systems to commence its pilot operations within its domain… Read More
WB Worried Over Pakistan’s Non-Implementation of Single Tax Returns Portal
World Bank (WB) has expressed concern that the single returns portal has not yet become fully functional for provincial general… Read More
