The National Assembly Tuesday passed the Trade Organizations (Amendment) Bill 2022, which amends the Trade Organizations Act 2013. Minister for… Read More
President Dr. Arif Alvi Signs Foreign Investment Promotion and Protection Bill of 2022
President Dr. Arif Alvi signed the Foreign Investment (Promotion and Protection) Bill, 2022 on Tuesday. The bill provides investment/tax incentives… Read More
Govt Finalizes Refinery Upgradation Policy with 10 Percent Protective Tariff
The government has finalized the draft policy for upgrading the local refinery backdrop with which a 10 percent protective tariff… Read More
Attock Refinery Closes Plant Due to Low Furnace Oil Demand
Attock Refinery Limited (PSX: ATRL) is temporarily shutting down its main distillation unit for eight days. According to a stock… Read More
Chairman FBR Appoints Member Customs to Probe Gilgit Baltistan Customs Corruption
Chairman Federal Board of Revenue (FBR) has appointed member Customs operations as inquiry officers to probe former Collector’s startling revelations… Read More
UAE Investor to Acquire 3.98 Billion Shares of Summit Bank
Prominent UAE investor Nasser Abdulla Hussain Lootah, the Chairman of Nasser Abdulla Lootah Group and a major shareholder of Summit… Read More
PSX Asks SECP to Defer E-Voting Requirement For Listed Companies
Pakistan Stock Exchange Limited (PSX) has asked the Securities and Exchange Commission of Pakistan (SECP) to defer the requirement for… Read More
FTO Orders Immediate Release of Stuck Soybean at Port Qasim
In a landmark order, the Federal Tax Ombudsman (FTO) Friday ordered the immediate release of the consignments of imported soybean… Read More
SBP Discontinues Monthly Inflation Snapshots
The State Bank of Pakistan (SBP) is discontinuing its monthly inflation snapshots. In a statement, the central bank said that… Read More
Google is Now Officially Registered as a Company in Pakistan
American tech giant Google has registered itself as a company with the Securities and Exchange Commission of Pakistan (SECP). Sources… Read More
Nimir Industrial Chemicals to Set Up Subsidiary in Uzbekistan
Nimir Industrial Chemicals Limited (NICL) will set up a wholly-owned subsidiary in the jurisdiction of Uzbekistan. According to a stock… Read More
JP Morgan Expects SBP to Raise Policy Rate to All-Time High
The State Bank of Pakistan (SBP) is expected to raise the policy rate by another 400 basis points from 16… Read More
