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2024-12-12 00:00:00
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PSX Shatters All Records And Crosses 113,000 Points Amid Record Rally
The Pakistan Stock Exchange (PSX) gained 2,671 points to surge to a new all-time high of 113,481 poi...
2024-12-12 00:00:00
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Leading Islamic Banks Host AAOIFI Chairperson to Discuss Islamic Finance Standards
Islamic banks of Pakistan, hosted a gathering in honour of H.E. Shaikh Ebrahim Bin Khalifa Al-Khalif...
2024-12-12 00:00:00
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FBR Gets Clearance Chit From Intelligence to Appoint and Re-shuffle Senior Officers  
The Federal Board of Revenue (FBR) has received the required clearance chit from intelligence to pos...
2024-12-12 00:00:00
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Banking Sector’s ADR Improves to 47.8% in November 2024
Bank advances increased by Rs. 1.1 trillion as of November 29, 2024, according to the latest data by...
2024-12-12 00:00:00
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SBP Set to Launch New Platform for Investing Directly in Govt Securities
The State Bank of Pakistan (SBP) is set to launch a new platform, InvestPak, that will allow individ...
2024-12-12 00:00:00
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Govt Raises Rs. 1,256 Billion Via T-Bills, Cut-Off Yields Down up to 100 BPS
The cut-off yields on Treasury Bills (T-Bills) went down by up to 100 basis points (bps) in the auct...
2024-12-12 00:00:00
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Tax Collection from Sugar Sector Jumps Nearly 30% After Track and Trace System 
The revenue collection from the sugar sector has increased by 28.5 percent to Rs. 98 billion after i...
2024-12-11 00:00:00
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OGDC-Led JV Wins Bid for 49% Stake in Exploratory Block Located in KP
A Joint Venture (JV) led by Oil and Gas Development Company Limited (PSX: OGDC) has won the bid for...
2024-12-11 00:00:00
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ADB Approves $330 Million for Federally Administered Social Protection Programs
The Asian Development Bank (ADB) has approved $330 million in additional financing to strengthen Pak...
2024-12-11 00:00:00
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Development Spending Falls 21% Below Target in First 4 Months of FY25
Development expenditure in Pakistan has significantly decreased in the first four months of the curr...
2024-12-11 00:00:00
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Electricity Companies Lose Rs. 661 Billion in FY24 Due to Non-Recovery of Bills, Distribution Failures
Electricity distribution companies (DISCOs) suffered massive financial losses exceeding Rs. 661 bill...
2024-12-11 00:00:00
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Latest IMF Nod Clears Path for PIA Privatization
The International Monetary Fund (IMF) has approved the waiver of the 18 percent sales tax on leased...
2024-12-11 00:00:00
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Telcos Want Flexible Payment and Lower Tax for 5G
Telecom operators have set prerequisites including local currency payments, staggered payment plans,...
2024-12-11 00:00:00
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PM Shehbaz to Launch New $1 Trillion Economic Transformation Plan on Friday
Prime Minister Shehbaz Sharif has approved the New Uraan Pakistan National Economic Transformation P...
2024-12-11 00:00:00
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ADB Approves $200 Million Loan for Power Distribution Project in Pakistan
The Asian Development Bank (ADB) has approved a $200 million loan to modernize power distribution in...
2024-12-11 00:00:00
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World Bank Likely to Approve $240 Million Water Sanitation Project for Karachi Tomorrow
The World Bank’s Board of Executive Directors is likely to approve the “Second Karachi Water and Sew...
2024-12-11 00:00:00
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FBR Issues Instructions for Duty, Tax Collection on Saturdays
The Federal Board of Revenue (FBR) has directed Chief Collectors of Customs to establish liaison wit...
2024-12-11 00:00:00
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Here’s How Much Interest Pakistan Will Pay on IMF Loan
Pakistan will pay around a 5 percent interest rate on the International Monetary Fund’s (IMF) $7 bil...
2024-12-11 00:00:00
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Pakistan, ADB Reaffirm Commitment to Mutual Cooperation, Climate Action 
Minister for Economic Affairs Ahad Cheema and Asian Development Bank (ADB) Country Director Xiaoqin...
2024-12-11 00:00:00
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MOL Celebrates 25 Years of Success in Pakistan 
MOL Pakistan, a leading stakeholder in Pakistan’s energy sector celebrated its 25th anniversary of o...

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