February 07, 2022 (MLN): The citizens of Karachi have started observing dramatic improvement in gas pressures after the operation against illegal pumps and compressors installed in multiple industrial units in Karachi, said Hammad
February 07, 2022: Prime Minister Imran Khan on Monday principally approved the formation of Pakistan Cotton Authority to ensure the provision of quality seed, monitoring and enhancing the yield. The prime minister, chairing a
February 07, 2022: Pakistan and the Kingdom of Saudi Arabia (KSA) on Monday reiterated the importance of further strengthening and diversifying bilateral cooperation in various areas of mutual interest during a meeting between
February 07, 2022: Pakistan has proposed an ambitious plan to build the semiconductors zone with the help of China, converting Pakistan to self-sufficiency in modern gadgets and opening new avenues for development, said Federal
February 07, 2022: The Governor of the State Bank of Pakistan, Dr Reza Baqir, expressed his gratitude to the Pakistani diaspora in the Kingdom of Saudi Arabia (KSA) for their tremendous support of
February 07, 2022 (MLN): In order to enhance the efforts to meet the revenue targets for the current fiscal year 2021-22, the Federal Board of Revenue (FBR) has announced that all field formations
February 07, 2022: Europe's main stock markets recovered at the open Monday following pre-weekend losses, as sentiment continues to be dominated by the outlook for interest rate rises as inflation soars. London's benchmark
February 07, 2022: The water scarce port city of Gwadar will get clean drinking water supply from nearby dams, by the mid of this year, as the development work on the important project
February 07, 2022: Japan's Toshiba on Monday announced plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate. The group
February 07, 2022: Indus River System Authority (IRSA) Friday released 55,587 cusecs water from various rim stations with an inflow of 45,450 cusecs. According to the data released by IRSA, water level in
February 7, 2022 (MLN): The Economic Coordination Committee (ECC) is likely reinstating a tax on dividend to 7.5% as full and final tax liability for investors or shareholders of Independent Power Producers (IPPs).
February 07, 2022 (MLN): Foreign exchange inflows through Roshan Digital Account (RDA) reached $3.38 billion in January 2022 since its launch in September 2020, the latest data released by the State Bank of
February 7, 2022 (MLN): The National Tariff Commission (NTC) Pakistan has imposed the definitive anti-dumping duty on the imported iron, non-alloy steel rolled coils/sheets from Chinese Taipei, European Union, South Korea and Vietnam,
February 07, 2022: The Federal Board of Revenue (FBR) on Sunday clarified for paying over Rs16 billion in Sales Tax refunds to hundreds of big retailers in the past five months. Federal Board
February 06, 2022: The Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) have collectively repaired around 887-kilometer faulty pipelines and rectified 1447,342 leakages in line with the government strategy
August 25, 2021: As many as six new projects worth Rs1,775.857 million will be executed in the petroleum sector during the current fiscal year 2021-22 in order to achieve self-sufficiency in the energy sector. According
August 25, 2021: Finance Minister Shaukat Tarin says Pakistan and Egypt should work together on the economic front for mutual progress and prosperity. Talking to Ambassador of the Arab Republic of Egypt Tarek Mohamed Dahroug
August 25, 2021: President Dr Arif Alvi says the government is taking steps to build information highways and extend the reach of the people to fourth-generation technologies. Speaking at an international conference on innovation and
August 25, 2021: Finance Minister Shaukat Tarin has underscored the importance of cement as a building block of the construction industry. Chairing a meeting with the representatives of cement manufacturers in Islamabad on Tuesday, he
August 24, 2021: Mr. Shaukat Tarin, Finance Minister, has promised to consult FPCCI every quarter now onwards to resolve businessmen issues efficiently and restore their confidence to promote private sector investments. He also announced that
August 24, 2021 (MLN): Pakistan's outstanding debts as of July 31, 2021 stand at a whopping sum of Rs.24.99 trillion whereas total debt at the end of prior month was Rs.25.32 trillion, meaning that around
August 24, 2021: The Ministry of Privatisation has planned the auction of Services International Hotel Lahore (SIH) on 26 August. The property is located on Mall Road, Lahore, the investors have the choice to exercise
August 24, 2021: The Central Power Agency Guarantee (CPPA-G) on behalf of Ex-WAPDA distribution companies (DISCOs) has sought an increase of Rs1.46 per unit increase in the power tariff for July under monthly Fuel Cost
August 24, 2021 (MLN): Ministry of Commerce (MoC) has released a total of Rs6 billion under Duty Drawback on Local Taxes and Levies (DLTL) schemes. This includes Rs5.6bn for Textile sector & Rs400mn for Non-Textile
August 24, 2021: Pakistan Ambassador to China, Moinul Haque paid a visit to the headquarters of Lenovo Group Limited in Beijing and invited the group to benefit from Pakistan's favourable business environment for investment in
August 24, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, held a meeting with the Adviser to the Prime Minister on Institutional Reforms and Austerity Dr. Ishrat Hussain to review progress on institutional
August 24, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, held a meeting with a delegation of Pakistan Vanaspati Manufacturers Association (PVMA). Federal Minister for Industries and Production Makhdoom Khusro Bakhtiar, SAPM on
August 24, 2021: President Dr. Arif Alvi has expressed Pakistan's desire to further strengthen relations with Australia in different areas especially education, agriculture, trade, water management, mining and Information Technology. Talking to High Commissioner Designate
August 24, 2021: Minister for Finance and Revenue Shaukat Tarin has welcomed the trust and confidence shown by the business community in Pakistan over the economic policies of the present government. In a statement, the
August 23, 2021 (MLN): The Banking sector spread for July 2021 narrowed down by 24 basis points (bps) over the month which brings its latest value to 4.24% as compared to prior month's spread of
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