Motive (formerly KeepTruckin) announced to reduce its workforce by 6 percent and let go of 237 of its team members… Read More
Pakistan Inches Closer to Huge UAE Oil Import Deal
Pakistan has moved one step closer to clinching an important oil import deal with the United Arab Emirates. The government… Read More
After Google Payments, State Bank Blocks $225 Million Airline Funds
The State Bank of Pakistan (SBP) has blocked $225 million in airline funds for repatriation. Pakistan is at a high… Read More
Pakistan’s Import Ban: US Defends its Soybean, Says it Poses No Risks
United States (US) Wednesday announced that soybeans are the genetically engineered (GE) crops that Pakistan imports from the United States.… Read More
IT Ministry to Procure New Tablets for Cabinet Meetings
The Ministry of Information Technology and Telecommunication (MoITT) has initiated the process of replacing tablets for cabinet meetings that pose… Read More
Pakistan’s Domestic Debt to Reach Record High of Rs. 55 Trillion in Early 2023
With domestic debt already hitting historic levels of above Rs. 50 trillion as of October 2022, the government plans on… Read More
Govt to Extend Tax Laws Ordinance 2022 for Another 120 Days
The government has decided to extend the Tax Laws (Second Amendment) Ordinance 2022 to continue with the taxation measures of… Read More
Steel Makers Want Import Restrictions Removed to Avoid High Costs and Possible Shortage
The steel industry fears a shortage of steel in the country coupled with an increase in the cost of steel… Read More
Bank Alfalah Limited to Buyback 200 Million Shares
Bank Alfalah Limited (BAFL) will buyback up to 200 million ordinary shares having a face value of Rs. 10 per… Read More
Refineries Are Considering Exporting High-Sulfur Fuel Oil
Local refineries are looking at exporting high-sulfur fuel oil (HSFO), with Pak Arab Refinery Limited (PARCO) already inviting bids for… Read More
Afghan Coal is Being Smuggled into Pakistan to Bypass Import Restrictions
With import restrictions and liquidity shortfalls already crippling the economy, Pakistani importers are now buying Afghan coal through informal channels.… Read More
Pakarab Fertilizers to Amalgamate With Fatima for Business Expansion
Fatima Fertilizer Company Limited (FATIMA), one of the fastest-growing industrial conglomerates in Pakistan, on Monday announced that its Board of… Read More
