The net Foreign Direct Investment (FDI) in the country stood at $271 million in May 2024, up 74 percent over… Read More
Gold Price in Pakistan Rises With Sarafa Association Further Enhancing Discount
The price of gold in Pakistan posted an increase of Rs. 1,600 per tola on Friday. According to data issued… Read More
Sindh to Spend Over Rs 500 Million for New Flats in Governor’s House
The Sindh government has earmarked Rs573 million in the latest budget for the construction of 48 new flats within the… Read More
Pakistan’s REER Index Falls to 100.67 in May 2024 After Hitting 5-Year High in April
Pakistan’s Real Effective Exchange Rate (REER) fell by 3.62 percentage points to 100.67 in May 2024. According to the latest… Read More
Over 6 Million Hides Worth Rs 6 Billion Collected During Eid-ul-Adha
The Pakistan Tanners Association has reported the collection of approximately 6.2 million hides and skins, valued at over Rs 6… Read More
Pakistan’s Current Account Turns Red With Deficit of $270 Million in May
Pakistan’s current account balance posted a deficit of $270 million in May 2024, according to data released by the State… Read More
Pakistan’s Exports to Afghanistan Surge by Over 65% in May 2024
Pakistan’s exports to Afghanistan surged by over 65 percent during May 2024. According to sources, the country’s exports to Afghanistan… Read More
FTO Detects Serious Flaws in FBR’s Withholding Tax Deduction on Purchase/Lease of Vehicles
Federal Tax Ombudsman (FTO) has detected serious flaws in withholding tax deductions on the purchase/lease of vehicles by individuals/businesses, depriving… Read More
Karachi to Experience the Longest Day of the Year
Today, Karachi will experience the longest day and shortest night of the year, marking the summer solstice. Chief Meteorologist Sardar… Read More
HUBCO Subsidiary Partners With China’s BYD to Launch Electric Vehicles in Pakistan
The Hub Power Company Limited (PSX: HUBC) through its associated company, Mega Motor Company (Private) Limited, is entering into a… Read More
Weekly Inflation Clocks In At Above 23% for Second Straight Week
The Sensitive Price Index-based inflation for the week ended June 20, 2024, increased by 0.94 percent, says the Pakistan Bureau… Read More
S&P Global Pakistan Celebrates 19 Years of Excellence and Innovation
S&P Global, a provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets… Read More
