Hub Power Company Limited, which is one of the largest private power producers in the country announced its financial results… Read More
FATF Recognizes Govt’s Efforts Rejecting India’s Attempts to Blacklist Pakistan
The Financial Task Force (FATF) has recognized Pakistan’s efforts in curbing money laundering and terror financing. FATF said on Friday… Read More
Current Account Deficit Declines by 47% in January 2019
The data released by the State Bank of Pakistan has revealed that the current account deficit has fallen by 47… Read More
SECP Conducts Countrywide Sessions on Anti-Money Laundering Procedures
The SECP has conducted a series of five awareness sessions in Karachi, Lahore and Islamabad, to share the findings of… Read More
Engro Corp. Posts a Massive 45% Increase in Profits
Pakistan’s premier conglomerate, Engro Corporation announced its financial results for the year ended December 2018. The company posted a profit… Read More
Easypaisa to Facilitate Central Depository Company’s Account Holders
Telenor Microfinance Bank (TMB) and the Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding (MoU)… Read More
Pakistan Can Now Get Bank Account Information from Switzerland
The Federal Board of Revenue (FBR) has placed the revised notification on Avoidance of Double Taxation between Pakistan and Switzerland,… Read More
Govt’s New Holding Company to Take Ownership of All State Owned Companies
The federal government has incorporated a holding company named Sarmaya-e-Pakistan for all the state-owned enterprises, finance minister revealed on Friday. Finance… Read More
Trade Deficit Shrinks By 10 Percent to $19.26 Billion
Government’s economic decisions have finally begun to bear fruit as Pakistan’s trade deficit has gone down by 9.66 percent to $19.26… Read More
Al-Ghazi Tractors Profit Down 21.5% Due to Declining Sales
Al-Ghazi, which is one of the only two major players in the tractor industry, announced its financial results for the year… Read More
Gold Price Reaches An All Time High of Rs. 68,150 Per Tola
Gold prices in Pakistan have hit a record high following an uptick in the global market, possibly due to the… Read More
Textile Industry Gets Rs. 14 Billion Under PM’s Export Package in FY19
The Textile industry has received Rs. 14 billion, during the first seven months of the current fiscal year, under the… Read More
PTCL Reports Full Year Revenue Growth for the First Time Since 2014
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the year ended December… Read More
OGDCL Faces Crisis With Rs. 250 Billion in Circular Debt Against Power Sector
Managing Director of Oil and Gas Development Authority (OGDCL), Zahid Mir, has revealed that the public sector entity is facing… Read More
Revenue Dept Planning to Launch an Improved System for Property Valuation
The Tax Reforms Commission, headed by the Minister of State for Revenue, Hammad Azhar, has decided to improve the system… Read More
