News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

PM Shehbaz to Visit Qatar This Week to Attend High Level Investment Talks

Prime Minister Shahbaz Sharif will visit Qatar on October 31 at Qatari Emir Tamim Bin Hamad Al Thani’s request. The prem...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

FTO Directs FBR to Establish Protocols for Reactivating Blocked SIMs of Taxpayers

Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to instruct Member-IR (Operations) to issue...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

World Bank Rates Implementation Progress on Hydromet and Climate Services Project Moderately Satisfactory

The World Bank (WB) has rated the implementation progress of the “Pakistan Hydromet and Climate Services Project (PHCSP)...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

ZAREA Limited Applies for Listing At PSX

Pakistan Stock Exchange Limited has informed all investors that ZAREA Limited has applied for listing on the Main Board...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Lucky Cement Posts Profit of Rs. 6.56 Billion in Q1

Lucky Cement Limited (PSX: LUCK) has reported an unconsolidated profit-after-tax of Rs. 6.56 billion for the first quart...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Gold Rate in Pakistan Decreases Slightly, Still Close to Record High

The price of gold in Pakistan declined slightly on Monday to close at Rs. 283,400 per tola. According to data issued b...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

PSX Closes Above 90,000 Level in Anticipation of Rate Cut

The 100-Index of the Pakistan Stock Exchange (PSX) gained 201.55 points on Monday to close at 90,195.52 points as compar...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

PM Shehbaz to Visit Saudi Arabia Tomorrow to Attend Future Investment Initiative

Prime Minister Muhammad Shehbaz Sharif is scheduled to undertake an official visit to the Kingdom of Saudi Arabia to att...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Toyota Pakistan’s Profits Increased 58% in Q1 FY2025

Indus Motor Company Limited (PSX: INDU) announced earnings (PAT) today for 1QFY25 at Rs. 5.1 billion (EPS: Rs. 64.77), d...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

FBR Seals 2 Popular Restaurants in Islamabad for Issuing Fake Receipts

As part of FBR’s drive to bring Tier-1 Retailers/Restaurants under the tax net through the POS Invoicing system and afte...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Toyota Indus Motors Temporarily Stops Production

Indus Motor Company Limited (PSX: INDU) has decided to temporarily suspend operations at its production plant from Octob...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Rupee Falls Against US Dollar to Begin Last Week of October

The Pakistani rupee (PKR) posted small losses against the US Dollar (USD) today after opening trade at 278 in the interb...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

NHA’s Annual Revenue Goes up to Rs. 110 Billion

The annual revenue of the National Highway Authority (NHA) has increased to Rs. 110 billion while revenue collection at...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Only 20% of Registered Companies Are Paying Sales Tax: FBR

Around 40,000 sales tax registered companies are paying sales tax against 200.000 registered companies with the FBR. FBR...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Only Half of 35 Special Economic Zones in Pakistan Are Operational

Only half of total Special Economic Zones (SEZs) in Pakistan are operational while the rest are either under development...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Sazgar’s Profit Grows by Massive 541% in Q1 FY25

Sazgar Engineering Works Limited (PSX: SAZEW) announced its 1QFY25 result where the company recorded earnings of Rs. 4.2...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Petrol and Diesel Prices Will Decrease Next Month

Starting November 1, petrol and high-speed diesel (HSD) prices are expected to drop by around Rs. 2 to Rs. 3 per liter....

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Pakistan to Get $1.6 Billion From China for Karakoram Highway Project

Pakistan is close to finalizing a $1.6 billion financing agreement with China for upgrading the Thakot-Raikot section of...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Fauji Fertilizer Company’s Profit Increases by 92% to Rs. 42.5 Billion in 9 Months

Fauji Fertilizer Company Limited (PSX: FFC) has announced its financial results for the nine months that ended on Septem...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

10 IPPs Now Want to Terminate Their Contracts Over Unfair Terms

Ten Independent Power Producers (IPPs) established under Pakistan’s 2002 Generation Policy have approached Prime Ministe...

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News Update

28

Oct 2024

Oct 28, 2024 • 5 min read

Two CDA Officials Injured At Famous Cafe During Anti-Encroachment Drive

The Capital Development Authority (CDA) and Department of Municipal Administration MCI launched an operation to remove e...

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News & Updates

PM Shehbaz to Visit Qatar This Week to Attend High Level Investment Talks

FTO Directs FBR to Establish Protocols for Reactivating Blocked SIMs of Taxpayers

World Bank Rates Implementation Progress on Hydromet and Climate Services Project Moderately Satisfactory

ZAREA Limited Applies for Listing At PSX

Lucky Cement Posts Profit of Rs. 6.56 Billion in Q1

Gold Rate in Pakistan Decreases Slightly, Still Close to Record High

PSX Closes Above 90,000 Level in Anticipation of Rate Cut

PM Shehbaz to Visit Saudi Arabia Tomorrow to Attend Future Investment Initiative

Toyota Pakistan’s Profits Increased 58% in Q1 FY2025

FBR Seals 2 Popular Restaurants in Islamabad for Issuing Fake Receipts

Toyota Indus Motors Temporarily Stops Production

Rupee Falls Against US Dollar to Begin Last Week of October

NHA’s Annual Revenue Goes up to Rs. 110 Billion

Only 20% of Registered Companies Are Paying Sales Tax: FBR

Only Half of 35 Special Economic Zones in Pakistan Are Operational

Sazgar’s Profit Grows by Massive 541% in Q1 FY25

Petrol and Diesel Prices Will Decrease Next Month

Pakistan to Get $1.6 Billion From China for Karakoram Highway Project

Fauji Fertilizer Company’s Profit Increases by 92% to Rs. 42.5 Billion in 9 Months

10 IPPs Now Want to Terminate Their Contracts Over Unfair Terms

Two CDA Officials Injured At Famous Cafe During Anti-Encroachment Drive

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