The cut-off yields on Treasury Bills (T-Bills) were down by up to a single basis point in the auction of… Read More
Rupee Drops Sharply Against US Dollar After ‘League of Legends’ Goes to China
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
NHA Wants Procurement in Both PKR and USD for Indus Highway Project
National Highway Authority (NHA) has sought changes in the mode of procurement for the Indus Highway (N-55) additional carriageway project… Read More
PTA Receives Rs. 166 Million First Annual Installment of AJK and GB 3G/4G Licenses
Pakistan Telecommunication Authority (PTA) has received Rs. 166 million (equivalent to $0.744 million) against the first annual installment of Azad… Read More
Rupee Kicks Off November With Gains Against US Dollar
The Pakistani Rupee (PKR) rose further against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
China Okays ¥500 Million Post-Disaster Aid for Pakistan
China has agreed to provide additional emergency assistance of 500 million Yuan to Pakistan for post-disaster reconstruction efforts. A Memorandum… Read More
Govt Meets IMF Condition of Rs. 50/Liter Petroleum Levy
The Federal Government has increased the petroleum levy (PL) on Petrol by Rs. 2.74 per liter after keeping the prices… Read More
PIA Posts Whopping Loss of Over Rs. 67 Billion in 9 Months of 2022
Pakistan International Airlines Corporation Limited (PIACL) has announced its financial results for the nine months ended 30 September 2022. It… Read More
PTA Receives Rs. 11.4 Billion Third Installment of License Renewal Fee From Zong
Pakistan Telecommunication Authority (PTA) has received Rs. 11.43 Billion (equivalent to USD 52.44 million) against the third annual installment of… Read More
Rupee Reverses Losing Streak Against Major Currencies After Dar’s Warning
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains during intraday trade today. It appreciated… Read More
OGDCL and PPL to Participate in Reko Diq Project
Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL), and Government Holdings Private Limited (GHPL) as State-Owned Enterprises… Read More
FBR to Tax Pakistani-Owned Properties in Turkey
The Government of Pakistan has taken another big step to document and tax immovable properties held by Pakistanis abroad in… Read More
