Pakistan International Airlines Corporation Limited (PSX: PIAA) has announced its financial results for the quarter that ended on 31 March… Read More
FBR’s Tax Collection for May Falls Short of Target By Rs. 62 Billion
The Federal Board of Revenue (FBR) suffered a massive shortfall of Rs. 62 billion in May 2023. Unofficial data from… Read More
Banks Given ‘Clean Chit’ in Exchange Rate Manipulation Inquiry, Senate Body Told
The Senate Standing Committee on Finance and Revenue was informed on Wednesday that commercial banks were given a clean chit… Read More
Rupee Sheds Losses Against US Dollar, Saudi Riyal As Pressure Mounts
The Pakistani rupee fell once again against the US Dollar during intraday trade today after opening trade at 285.8. The… Read More
Islamic Banks Leaves Behind Commercial Banks in Financing
The full-fledged Islamic banks in the country have left behind conventional banks in financing the private sector, surging to Rs.… Read More
Chinese Power Company Issues Default Notice to CPPA
Port Qasim Electric Power Company Ltd (PQEPC), jointly owned by China’s Sinohydro Resources Limited and Qatar’s Al Mirqab Capital Limited,… Read More
Activists Neglect Issue of Illicit Cigarettes Hindering Health Objectives and Govt Revenue
Anti-tobacco activists in Pakistan have come under scrutiny for their singular focus on legal cigarettes, overlooking the widespread presence of… Read More
Rupee Marginally Recovers Against US Dollar, Saudi Riyal After IMF News
The Pakistani rupee reversed Monday’s losses against the US Dollar during intraday trade today after opening trade at 285.6 second… Read More
P@SHA Asks Govt to Abolish Tax on Export Receipts in Upcoming Budget
Pakistan Software Houses Association (P@SHA) has asked the government to abolish the 0.25 percent tax on export earnings of IT… Read More
E-Commerce Transactions Drop by 22% in Q1 2023
E-commerce transactions have decreased by 22 percent from January to March 2023 depicting the high inflationary trends eroding purchasing power… Read More
Pakistan Shares Budget 2023-24 Proposals With IMF
The Government of Pakistan has shared budget proposals for the fiscal year 2023-24 (FY24) with the International Monetary Fund (IMF),… Read More
UN Survey Warns Food Security in Pakistan in Critical Condition
Pakistan, the Central African Republic, Ethiopia, Kenya, the Democratic Republic of the Congo, and the Syrian Arab Republic are ‘hotspots… Read More
