Engro Fertilizers Limited (EFERT) has announced a massive increase of Rs. 350 per bag in urea prices with other manufacturers… Read More
Pakistani Startup Funding Shrinks by 41% in Three Months
Startup funding in Pakistan decreased by 41 percent to less than $104 million during the second quarter of the calendar… Read More
Rupee Ends Fiscal Year 2021-22 With Gains Against US Dollar
The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
IT Industry Rejects New Final Tax Regime System
The IT industry has rejected the new Final Tax Regime (FTR) as equivalent to a tax credit scheme. According to… Read More
Rupee Recovers Big Against Major Currencies After IMF ‘Clarity’ Pumps Markets
The Pakistani Rupee (PKR) improved further against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
Bank of Punjab to Raise Rs. 10 Billion Through Term Finance Certificate
Bank of Punjab has structured a Term Finance Certificate to raise Rs. 10 billion mainly for meeting the additional requirement… Read More
KP Govt Awards Rs. 450 Million Software Development Contract to Netsol
The government of Khyber Pakhtunkhwa has awarded the contract for the implementation of the Workflow and Document Management System to… Read More
Packages-led Consortium to Purchase Additional 585,254 Shares of Sanofi Pakistan
The consortium led by Packages Limited has made a public offer to purchase 585,254 ordinary shares of Sanofi-Aventis Pakistan Limited,… Read More
Pakistan’s Real Effective Exchange Rate Declines by Massive 2.4% in May
Pakistan’s Real Effective Exchange Rate (REER) has decreased by a massive 2.4 percent to 93.57 in May 2022. According to… Read More
Rupee Gains Big Against US Dollar After IMF Breakthrough
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
UAE Offers to Buy Shares in State Owned Companies on PSX
The United Arab Emirates (UAE) has offered to purchase minority shares in publicly traded state-owned enterprises at a negotiated price,… Read More
FBR Asks NADRA to Fix the Taxpayer List
The Federal Board of Revenue (FBR) has asked the National Database and Registration Authority (NADRA) to remove defects in the… Read More
