Hyundai Nishat Motors Private Limited (HNMPL) has taken its turn in increasing the prices of its vehicles. The company has… Read More
Pakistan’s GDP Growth to Slow Down to 2% in 2023: IMF
The International Monetary Fund (IMF) has downward revised GDP growth rate projection for Pakistan from 3.5 percent to 2 percent… Read More
FBR’s January Collection Surpasses Target by Rs. 4 Billion
The Federal Board of Revenue (FBR) has provisionally collected Rs. 537 billion during January 2023 against the monthly tax collection… Read More
Govt Expects Inflationary Pressure to Calm Down ‘Gradually’
The government expects inflationary pressure to calm down gradually due to flood-led damages which have disrupted the supply of essential… Read More
Pakistan’s Imports Under Saudi Oil Facility Hit $0.6 Billion in First Half of FY23
Pakistan imported petroleum products worth $600 million on a deferred payment basis under the Saudi oil facility during the first… Read More
SBP Makes Changes to Sugar Export Mechanism
The State Bank of Pakistan (SBP) has issued new instructions to the Authorized Dealers (ADs) for the export of approved… Read More
Gold Prices See Highest Ever Single-Day Drop in Pakistan
Gold prices in Pakistan reversed their upward trend on Tuesday after the Pakistani Rupee gained big against the US Dollar… Read More
SECP Makes Changes to Submission of IFRS 9 Requirement
The Securities and Exchange Commission of Pakistan (SECP) has exempted certain companies holding financial assets from the requirement of submission… Read More
Foreign Loan Inflows Down 40% in First Half of FY23
The government has borrowed $5.595 billion from multiple financing sources during the first half (July-December) of the current fiscal year… Read More
Interior Ministry Scams Rise Causing UAE Govt to Issue Warnings
The UAE’s Ministry of Interior has issued a public warning regarding a surge in fake text messages and phone calls.… Read More
Lahore District Education Reverses Controversial Decision Affecting 8,000 Private Schools
District Education Authority (DEA) in Lahore has reversed its previous decision and allowed 8,000 private schools in Lahore to engage… Read More
Johnson and Johnson Bankruptcy Bid to Avoid Court Cases on Cancer-Causing Talcum Powder Dismissed
A US appeals court dismissed the bankruptcy effort by Johnson & Johnson. They sought bankruptcy protection after facing 40,000 lawsuits… Read More
