Pakistan’s e-commerce sector is set to hit $12 billion by 2025 as adoption and growth scale. In propelling this growth,… Read More
IMF Contingency Plan: Govt to Increase Fuel Taxes If Revenue Data Underperforms
The Government of Pakistan will initially impose a 10.5 percent General Sales Tax (GST) on petroleum products and increase it… Read More
Govt Revises Release Strategy for Public Sector Development Funds
The federal government has amended the release strategy of funds of the Public Sector Development Programme 2022-23 and reduced the… Read More
MOL Group Encounters More Gas and Condensate in Kohat After Additional Testing
MOL Group with Pakistan Oil Fields Limited (POL) has encountered more hydrocarbons as a result of Drill Stem Tests (DST)… Read More
Russia Offers Massive Oil Discount to Asian Countries as US, EU Provoke Moscow
Russia has contacted several Asian countries to discuss possible long-term oil contracts at discounted prices as the United States continues… Read More
100MW Iran-Gwadar Power Project to be Completed by Early 2023
The projects for the supply of 100MW electricity from Iran and connectivity of the national grid to Gwadar will be… Read More
SECP Allows Modaraba Firms to Create Reserve Funds for Equity Requirements
The Securities and Exchange Commission of Pakistan (SECP) has allowed the Modaraba companies to create a ‘reserve fund’ for meeting… Read More
Hascol Approves Rehabilitation Plan to Get Business Back on Track
The Board of Directors of Hascol Petroleum Limited in a meeting yesterday approved the plan for rehabilitation of the company… Read More
Govt Reduces Sanctioning Powers of Development Authorities
The Federal government has downward revised the sanctioning limit of the Central Development Working Party (CDWP) and Departmental Development Working… Read More
NetSol Technologies Expands its Footprint in UAE
NetSol Technologies have expanded its footprint in the United Arab Emirates in order to tap into the potential business opportunities… Read More
Fertilizer Industry Shows Serious Concerns Over DAP Import Via TCP
In a letter to the Ministry of Commerce, the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) has raised serious concerns… Read More
PTA Gives 6 Months to 3 Mobile Companies for Improving Quality of Services
Pakistan Telecommunication Authority (PTA) has given six months’ time to three cellular companies for improving and maintaining the quality of… Read More
