News & Updates

2024-12-20 00:00:00
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Finance Minister Reiterates Govt’s Resolve to Restructure Tax Machinery

Federal Minister for Finance Senator Muhammad Aurangzeb Friday reiterated the government’s resolve t...
2024-12-20 00:00:00
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Rupee Ends in Red Against US Dollar for Fourth Time This Week

The Pakistani rupee (PKR) ended the week in red against the US dollar (USD) on Friday, making it the...
2024-12-20 00:00:00
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World Bank Likely to Approve Sindh’s $450 Million Housing Reconstruction for Flood Victims

The World Bank’s board of directors is likely to approve ‘Sindh Flood Emergency Housing Reconstructi...
2024-12-20 00:00:00
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Transaction Restrictions on Non-Filers Violates the Law: Tax Expert

A leading tax expert has apprehended that the restrictions on financial transactions of non-filers u...
2024-12-20 00:00:00
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Hoechst Pakistan to Set Up Subsidiary in UAE

Hoechst Pakistan Limited (PSX: HPL) has announced plans to incorporate a wholly owned foreign subsid...
2024-12-20 00:00:00
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Pakistan Seeks $500 Million Additional Project Financing from Multilateral Institutions

The government is preparing to secure an additional $500 million in project financing from multilate...
2024-12-20 00:00:00
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Branded Oil and Ghee Prices Increase by Rs. 100 Per Kilo

Manufacturers of branded ghee and cooking oil have increased prices, even as the cost of imported pa...
2024-12-20 00:00:00
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Rafhan Maize to Acquire Silo-Based Storage Facility in Deepalpur

Rafhan Maize Products Co. Limited (PSX: RMPL) has announced plans to begin negotiations and conduct...
2024-12-20 00:00:00
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Govt Establishes Firm to Oversee Contributory Pension Scheme for New Civil Servants

The government had approved the introduction of a contributory pension system for new entrants into...
2024-12-20 00:00:00
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FBR to Add Hotels, Restaurants and Ride-Hailing Companies to Single Sales Tax Return

The Federal Board of Revenue (FBR) and all the Provincial Revenue Authorities/Board will extend the...
2024-12-19 00:00:00
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FBR Announces Tariff Concessions on Import of Items from Azerbaijan 

The Federal Board of Revenue (FBR) has announced tariff concessions on the import of items under Pak...
2024-12-19 00:00:00
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Pakistan, Iran Resolve to Strengthen Trade, Economic Ties

Prime Minister Shehbaz Sharif held a bilateral meeting with the Iranian President Masoud Pezeshkian...
2024-12-19 00:00:00
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Pakistan, Türkiye Set Sights on $5 Billion Bilateral Trade Target 

Prime Minister Mohammad Shehbaz Sharif held a bilateral meeting with the Turkish President Recep Tay...
2024-12-19 00:00:00
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SBP Reserves Remain Stable Above $12 Billion Level

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increase by $32 million on a...
2024-12-19 00:00:00
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Meezan Bank Shares Customer Cybersecurity Advisory After Denying Blames of Data Breach

Meezan Bank has issued a customer advisory addressing rumors circulating on social media about unaut...
2024-12-19 00:00:00
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Gold Rate in Pakistan Registers Another Fall, Remains Slightly Below All-Time High 

The price of 24 karat per tola gold decreased by Rs. 2,600 and was sold at Rs. 273,300 on Thursday a...
2024-12-19 00:00:00
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PEC Workshop Addresses Key Challenges in Construction Industry 

The Pakistan Engineering Council (PEC) organized a Construction Projects Stakeholders Consultative W...
2024-12-19 00:00:00
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Pakistan Needs Energy Transition Framework to Facilitate Phased Retirement of Coal Plants say Experts

The leading energy experts and economists underscored the urgent need for Pakistan to upscale its re...
2024-12-19 00:00:00
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Pakistan Spent Rs. 430 Billion on Oil and Gas Exploration in Last 3 Years

The Senate Standing Committee on Petroleum, chaired by Senator Umar Farooq, held a meeting where pet...
2024-12-19 00:00:00
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Rupee’s Recovery Proves Short-lived as it Weakens Further Against US Dollar  

The Pakistani rupee (PKR) managed to break a two-day losing streak on Wednesday but the recovery pro...

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