News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

OICCI Injected $22 Billion as FDI in Pakistan in Past 10 Years

The Overseas Investors Chamber of Commerce and Industry (OICCI), the representative body for the top 210 foreign investo...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Govt to Collect Extra Rs. 20 Billion Per Year From Refineries

The government will save an annual amount of nearly Rs. 20 billion after the change of status of zero-rating of petroleu...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Sales Tax Now Applicable on Imported LPG, Textile, Laptops

In order to capture the supply chain better, sales tax zero-rating on stationery items (excluding exercise books), packa...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

PTA to Revise License Fee For Radio Based Services

Pakistan Telecommunication Authority (PTA) has decided to revise the radio frequency spectrum and license fee for Radio...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Driving Financial Inclusion: Faysal Bank’s Amal Women’s Account Now Digital

Faysal Bank has announced the launch of its ‘Faysal Islami Amal Women Digital Account’. This account has been developed...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Govt Considering Further Cut in PSDP to Lower Electricity Prices

The federal government is considering a proposal to cut the Public Sector Development Programme (PSDP) to provide relief...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Pakistan Inches Closer to IMF Loan After Securing Debt Extension Assurances

Pakistan has moved one step closer to clinching final approval from the International Monetary Fund for its $7 billion l...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Lucky Core Industries’ Profit Down by 37% in FY24

Lucky Core Industries Limited announced its 4QFY24 financial result today where the company posted a profit after tax (P...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Seeking Early Retirement for Personal Reasons, FBR Chairman Tells Senate Panel

Chairman Federal Board of Revenue (FBR) Amjad Zubair Tiwana on Tuesday told the Senate Committee on Finance and Revenue...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

CDA to Stop Transfers of Properties Through Registrar Office in Islamabad

The Capital Development Authority (CDA) plans to halt additional transfers of urban properties processed through sale de...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Planning Minister Directs to Expedite Connectivity Plans to Enhance Regional Cooperation with Central Asia

Federal Minister for Planning Ahsan Iqbal chaired a meeting to review the road and rail connectivity plans with Central...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Govt Delays NBP Privatization Due to Legal Issues

The federal government on Monday postponed the privatization of the National Bank of Pakistan (NBP) due to legal issues....

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

TotalEnergies Sells its Shares in Parco Pakistan to Gunvor

TotalEnergies has signed an agreement to sell its 50 percent stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Grou...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Govt to Bring Down Urea Companies’ Profit Margins to 20%

Federal Minister Industries and Production Rana Tanveer Hussain on Tuesday said urea fertilizer companies are making a 3...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

SECP Warns Public Against Illegal Trading Platform Promising Massive Returns

The Securities and Exchange Commission of Pakistan (SECP) has identified an illegal trading platform operating under the...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

FBR Empowered to Set its Own Prices of Imported Retail Products

The Federal Board of Revenue (FBR) has been allowed to fix the value of the supply of imported (retail price) items for...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

Gold Rate in Pakistan Falls Slightly But Remains Close to Record High

The price of gold in Pakistan fell slightly on Tuesday despite an increase in the international market. According to dat...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

MOL Discovers Hydrocarbons in Kohat District

The Hungarian Oil and Gas Public Limited Company MOL Group has discovered Hydrocarbons as a result of a Drill Stem Test...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

FBR Orders Battery Manufacturers to Deduct 80% Sales Tax From Lead Supplier

The Federal Board of Revenue (FBR) has directed the manufacturers of lead batteries to deduct 80 percent of the applicab...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

PPL Enhances Production Volume At Sui Gas Field

Pakistan Petroleum Limited (PSX: PPL) has enhanced its production by 19 MMSCFD following the successful execution of a p...

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News Update

06

Aug 2024

Aug 06, 2024 • 5 min read

SBP Merges NIBAF and IBP to Launch NIBAF Pakistan

State Bank of Pakistan (SBP) has merged its two subsidiaries– National Institute of Banking and Finance (NIBAF) and the...

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News & Updates

OICCI Injected $22 Billion as FDI in Pakistan in Past 10 Years

Govt to Collect Extra Rs. 20 Billion Per Year From Refineries

Sales Tax Now Applicable on Imported LPG, Textile, Laptops

PTA to Revise License Fee For Radio Based Services

Driving Financial Inclusion: Faysal Bank’s Amal Women’s Account Now Digital

Govt Considering Further Cut in PSDP to Lower Electricity Prices

Pakistan Inches Closer to IMF Loan After Securing Debt Extension Assurances

Lucky Core Industries’ Profit Down by 37% in FY24

Seeking Early Retirement for Personal Reasons, FBR Chairman Tells Senate Panel

CDA to Stop Transfers of Properties Through Registrar Office in Islamabad

Planning Minister Directs to Expedite Connectivity Plans to Enhance Regional Cooperation with Central Asia

Govt Delays NBP Privatization Due to Legal Issues

TotalEnergies Sells its Shares in Parco Pakistan to Gunvor

Govt to Bring Down Urea Companies’ Profit Margins to 20%

SECP Warns Public Against Illegal Trading Platform Promising Massive Returns

FBR Empowered to Set its Own Prices of Imported Retail Products

Gold Rate in Pakistan Falls Slightly But Remains Close to Record High

MOL Discovers Hydrocarbons in Kohat District

FBR Orders Battery Manufacturers to Deduct 80% Sales Tax From Lead Supplier

PPL Enhances Production Volume At Sui Gas Field

SBP Merges NIBAF and IBP to Launch NIBAF Pakistan

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