Pakistan Hotels Developers Limited (PSX: PHDL) has received a Rs. 14.5 billion acquisition offer from the Sindh Institute of Urology… Read More
Pakistan’s Steel Prices See a Sudden and Massive Drop
The domestic prices of steel products have been slashed by Rs. 17,000 per ton mark as the market reacts to… Read More
Baluchistan Wheels Agrees to Sell Majority Shares to Private Construction Company
Baluchistan Wheels Limited (PSX: BWHL) has entered into a Share Purchase Agreement to sell over 8 million shares to a… Read More
FBR Revises Customs Values of 6 Types of Polyester Fabrics
Directorate General of Customs Valuation Karachi has revised customs values on the import of six different kinds of Polyester Fabrics… Read More
Symmetry Group Inks Deal With US Firm to Provide Transformation Services
Symmetry Group Limited (PSX: SYM) has entered into an agreement with Hummingbird International LLC USA to provide Transformation Services, the… Read More
FBR Will Not Send Tax Notices to PSEB-Registered IT Companies
Significant progress has been made on the issue of sending tax notices to IT companies in Pakistan. Negotiations between the… Read More
FFC, FFBL Hike DAP Rates By Rs. 200 Per Bag
The price of diammonium phosphate (DAP) has been increased by Rs. 200 per bag. Fauji Fertilizer Company Limited (PSX: FFC)… Read More
FBR Revises Powers of Adjudication Collectorates
The Federal Board of Revenue (FBR) has empowered Collector Collectorate of Customs (Adjudication), Karachi-I to adjudicate cases falling within the… Read More
Govt Bans More Import Items for Afghanistan Passing Through Pakistan
The Government of Pakistan has notified a new list of items that Afghanistan cannot import through Pakistani sea and border… Read More
WorldCall’s Parent Company Nears NASDAQ Listing
Worldcall Services (Private) Limited (WSL), the parent company of WorldCall Telecom Limited (PSX: WTL), is shortly expected to complete its… Read More
World Bank Urges Higher Excise Duty on Cigarettes to Improve Tax Revenue
The World Bank (WB) has strongly recommended higher rates of the federal excise duty (FED) on cigarettes. The World Bank’s… Read More
Central Bank May Consider Cutting Key Interest Rate If Inflation Falls: SBP Deputy Governor
A meeting of the Standing Committee on Finance and Revenue was held under the chairmanship of Senator Saleem Mandviwala at… Read More
