News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Rupee Recovers Some Ground Against US Dollar, Other Currencies

The Pakistani rupee (PKR) recovered against the US Dollar (USD) today after opening trade at 278 in the interbank market...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Trade Policy 2025 to be Announced Soon: Commerce Minister

Federal Minister for Commerce and Trade Jam Kamal Khan has said the government was working to announce the Trade Policy...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Global Oil Prices Plummet, Brent Falls to Almost 3-Year Low

Global oil benchmark Brent crude futures fell below $70 a barrel on Tuesday for the first time in nearly three years (si...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Finance Minister Reiterates Govt’s Resolve for Restructuring Power Sector

Federal Minister for Finance & Revenue Muhammad Aurangzeb held a meeting with Mark Skelton, Chairman Board of Directors...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

FBR to Collect Advance Tax From Traders on Quarterly Basis

The Federal Board of Revenue (FBR) has categorically conveyed to the traders that the first payment of advance tax quart...

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News Update

10

Sep 2024

Sep 10, 2024 • 5 min read

Govt to Accelerate Transfer of PWD Projects to Provinces

The federal government on Tuesday decided to expedite the process of transferring development projects to provinces afte...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Millat Tractors Profit Surges 194% to Rs. 9.9 Billion in FY24

Millat Tractors Limited (PSX: MTL) Monday announced financial results for the year ended June 30, 2024 (FY24) where it r...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Gold Price in Pakistan Falls Slightly But Still Above Rs. 260,000 Per Tola Level

The price of gold in Pakistan fell by over Rs. 1,000 per tola on the opening day of the week. According to data issued b...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Here’s How Much Advance Income Tax Govt Collected from Telecom Users Last Year

A sum of Rs. 92 billion was collected from telecom users as advance income tax (AIT) during the fiscal year 2023-24 (FY2...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Commerce Ministry Set to Hire Firm for Promoting Pakistani Products Abroad

Minister for Commerce Jam Kamal Khan on Monday informed the National Assembly that the ministry was in the final stage o...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Ferozsons Laboratories’ Subsidiary Gets Approval for IPO At PSX

The Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange (PSX) have approved the listin...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Huge Network Disruption Likely Without Renewal of LDI Licenses: PTA

Pakistan Telecommunication Authority (PTA) on Monday warned the Senate Standing Committee on IT and Telecom of massive d...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Remittances Sent by Overseas Pakistanis Remain Near $3 Billion for Fourth Straight Month

Remittances sent by overseas Pakistanis increased by 40 percent to $2.943 billion in August 2024 compared to inflows of...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Attock Cement Receives Final $5.8 Million Payment for Sale of Stake in Subsidiary

Attock Cement Pakistan Limited (ACPL) has received a payment of US$ 5.85 million (Rs. 11.83/share) for the sale of its r...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Artistic Milliners Ltd Decides Not to Buy Dawood Lawrencepur’s Subsidiary

Artistic Milliners (Private) Limited has decided not to buy Tenaga Generasi Limited (TGL) which owns a 49.5 MW wind powe...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Country Cannot be Run Through Charity, Everyone Must Pay Taxes: Finance Minister

Finance Minister Muhammad Aurangzeb Monday said that the country’s economy was heading in the right direction, the curre...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Rupee Begins Week With Losses Against US Dollar As Expected

The Pakistani rupee (PKR) reversed its 2-day winning streak against the US Dollar (USD) today after opening trade at 278...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Process to Privatize PIA to be Finalized by End of October: Minister

Minister for Defence, Defence Production, and Aviation Khawaja Asif informed the National Assembly on Monday that the pr...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

Lucky Core Industries Completes Acquisition of Pfizer Plant in Karachi

Lucky Core Industries Limited (PSX: LCI) has completed the purchase of a manufacturing facility owned by Pfizer Pakistan...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

FBR and LUMS to Collaborate on Machine Learning, Data Analytics

Federal Board of Revenue and the ‘Technology for People Initiative (TPI)’ of Lahore University of Management Sciences (L...

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News Update

09

Sep 2024

Sep 09, 2024 • 5 min read

FBR Collected Rs. 590 Million as Point-of-Sale Fee Last Year

The finance ministry informed the National Assembly on Monday that the Federal Board of Revenue (FBR) collected Rs. 590...

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News & Updates

Rupee Recovers Some Ground Against US Dollar, Other Currencies

Trade Policy 2025 to be Announced Soon: Commerce Minister

Global Oil Prices Plummet, Brent Falls to Almost 3-Year Low

Finance Minister Reiterates Govt’s Resolve for Restructuring Power Sector

FBR to Collect Advance Tax From Traders on Quarterly Basis

Govt to Accelerate Transfer of PWD Projects to Provinces

Millat Tractors Profit Surges 194% to Rs. 9.9 Billion in FY24

Gold Price in Pakistan Falls Slightly But Still Above Rs. 260,000 Per Tola Level

Here’s How Much Advance Income Tax Govt Collected from Telecom Users Last Year

Commerce Ministry Set to Hire Firm for Promoting Pakistani Products Abroad

Ferozsons Laboratories’ Subsidiary Gets Approval for IPO At PSX

Huge Network Disruption Likely Without Renewal of LDI Licenses: PTA

Remittances Sent by Overseas Pakistanis Remain Near $3 Billion for Fourth Straight Month

Attock Cement Receives Final $5.8 Million Payment for Sale of Stake in Subsidiary

Artistic Milliners Ltd Decides Not to Buy Dawood Lawrencepur’s Subsidiary

Country Cannot be Run Through Charity, Everyone Must Pay Taxes: Finance Minister

Rupee Begins Week With Losses Against US Dollar As Expected

Process to Privatize PIA to be Finalized by End of October: Minister

Lucky Core Industries Completes Acquisition of Pfizer Plant in Karachi

FBR and LUMS to Collaborate on Machine Learning, Data Analytics

FBR Collected Rs. 590 Million as Point-of-Sale Fee Last Year

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