The government is likely to enhance the RLNG tariff of $6.5 per MMBTU to discourage the rent-seeking nature of Captive… Read More
SBP Suspends Operations of Two Exchange Companies
The State Bank of Pakistan (SBP) has suspended the authorization of two Exchange Companies, namely, Swiss International Exchange Company-B (Pvt.)… Read More
McDonalds Pakistan to Buy Beef Locally
Mcdonald’s, a global chain of fast food, has engaged a local company Al-Shaheer Corporation Ltd (ASC) for purchasing various beef… Read More
PM Rejects Proposal to Hike Prices of Over 10 Medicines
Prime Minister Shehbaz Sharif has rejected a summary of the Ministry of National Health Services to increase the prices of… Read More
Remittances Recede by 3.2% in First Two Months of Current Fiscal
Overseas Pakistanis sent remittances of $2.7 billion in August 2022, which is 7.9 percent higher compared to the previous month… Read More
Lahore High Court Issues Decree for Strict Enforcement of Anti-Money Laundering Act
After a detailed judgment of the Lahore High Court in favor of the FBR, tax evaders cannot escape criminalization and… Read More
Value-Added Exports, Energy Reforms & Increased Social Spending to Strengthen Pakistan: ADB
Asian Development Bank (ADB) has stated that reforms are required to promote high value-added exports, expand social spending, reinforce energy… Read More
Govt Receives $1.5 Billion Offer For Majority Stake in Pakistan Steel Mills
The Government of Pakistan has received an offer of $ 1-1.5 billion for the purchase of majority stakes in Pakistan… Read More
FBR Dispels Misleading Info About Currency Declaration Requirements
Incoming and outgoing travelers from Pakistan should declare their possessions as per international laws and FATF rules, and no such… Read More
PSX Notifies Listing of HBL Exchange Traded Fund
Pakistan Stock Exchange (PSX) has notified the listing of HBL Total Treasury Exchange Traded Fund managed by HBL Asset Management… Read More
OGRA Advises All Chief Secretaries to Facilitate Movement of LPG Bowzers
The Oil and Gas Regulatory Authority (OGRA) has advised chief secretaries of all the provinces including Azad Jammu & Kashmir,… Read More
Govt Plans to Issue Rs. 1.5 Trillion Ijara Sukuk in FY23
The government is set to generate funds of Rs. 1.5 trillion through Ijara Sukuk against various assets, mainly public sector… Read More
