The President of Pakistan, on the advice of the Prime Minister, has appointed Rana Muhammad Afzal Khan as the Minister… Read More
PICIC Insurance Set to Merge into Crescent Star Foods
In a recent meeting, the Board of Directors of PICIC Insurance Limited approved the merger of Crescent Star Foods Pvt… Read More
PM Launches Home Remittances & SME Financing Schemes
Prime Minister Shahid Khaqan Abbasi has launched a promotion scheme of home remittances through m-wallet accounts, as part of the… Read More
SECP Sets up Taskforce To Enhance PSX’s Liquidity
The Securities and Exchange Commission of Pakistan (SECP) has formed a task force to propose measures to enhance market liquidity.… Read More
Government Releases Tax Payer Directory 2016-17
The top 500 companies in Pakistan paid Rs 364.325 billion in taxes during 2016-17. Out of 79,728 companies included in… Read More
Utility Stores Violated Tender Rules for ERP Software
The Competition Commission of Pakistan (CCP) has passed an order, declaring a tender issued by the Utility Stores Corporation of… Read More
ADB Approves $380 Million for Projects in Punjab and Sindh
The Economic Affairs Division (EAD) and Asian Development Bank (ADB) have signed two loan agreements, for provision of $180 million… Read More
Byco Petroleum’s Profits Jump by 55% YoY
Byco Petroleum Pakistan Ltd. today released Financial Results for the year ended 30th June, 2017 after approval from Board Members at… Read More
$2.87 Billion Received in Foreign Assistance for Current Fiscal Year
The government received a total of $2.877 billion external assistance during the first five months (July-November) of the current fiscal… Read More
JS Pre-Qualified to Acquire Full Stakes in Quaid-e-Azam Solar Power
According to Jahangir Siddiqui Company Limited’s (JSCL) notice to the bourse, they have pre-qualified for acquisition of 100% equity stake… Read More
PetroChina is Planning to Buy Petrol Stations and Storage Facilities in Pakistan
PetroChina’s oil and gas trading arm is planning to buy petrol stations and fuel storage facilities and setting up business… Read More
Pakistan’s Current Account Deficit Crosses $6 Billion in 5 Months
Pakistan’s current account deficit (CAD) has reached a record high level, by crossing $6 billion in a short span of… Read More
