November 10, 2021 (MLN): Honda Atlas Cars (HCAR) on Wednesday increased prices of all its models from Rs130,000 to Rs485,000 citing rupee depreciation and increasing input costs, a company memo showed. In a letter
November 10, 2021 (MLN): Government has signed $761.5 million agreement with the International Islamic Trade Finance Corporation (ITFC) for fuel import of crude oil, refined petroleum products and LNG, a press release showed on
November 10, 2021: A draft UN climate summit text urged countries on Wednesday to boost their emissions cutting goals by 2022, three years ahead of schedule, after data showed the world was far
November 10, 2021: Google lost an appeal on Wednesday against a 2.4 billion euro ($2.8 billion) fine imposed by the European Union for abusing its search engine dominance — a big win for the
November 10, 2021: Chief Commissioner Inland Revenue Regional Tax Office Muhammad Abid Raza Bodla on Wednesday announced to pay pending refunds to industrialists till 2020 they submit complete and verified documents. Speaking at
November 10, 2021: Governor State Bank of Pakistan, Dr. Reza Baqir, stated that digital transformation of the global Islamic financial services industry has become a necessity for its growth and it needs to
November 10, 2021: Ambassador of European Union (EU) Androulla Kaminara Wednesday called on Chief of Army Staff (COAS), General Qamar Javed Bajwa, and appreciated Pakistan’s role in the Afghan situation and efforts for regional
November 10, 2021 (MLN): Adviser to PM for Commerce and Investment, Abdul Razak Dawood, has lauded Udhaar Book, a super app for Pakistan’s small businesses and Savyour, Pakistan-based fintech, for securing investment of
November 10, 2021: Pakistan Water and Power Development Authority (WAPDA) is executing the biggest-ever portfolio of development projects in Pakistan including Diamer Basha Dam, Dasu Hydropower Project and Mohmand Dam worth $26 billion
November 10, 2021: US tech giants Google, Apple, Facebook, Amazon and Microsoft — collectively dubbed GAFAM — have been accused of not paying enough taxes, stifling competition, stealing media content and threatening democracy by
November 10, 2021: President Dr Arif Alvi on Wednesday said Pakistan’s progress was linked with extensive digitalization of all sectors, particularly education and health, and stressed fast decision-making in this regard to match
November 10, 2021: Prime Minister Imran Khan on Wednesday directed the Naya Pakistan Housing & Development Authority (NAPHDA) to accelerate the pace of work on all projects to provide affordable housing facility to
November 10, 2021: Europe's main stock markets rose slightly at the start of trading on Wednesday as investors focus on more evidence of inflation surging globally. London's benchmark FTSE 100 index gained 0.2
November 10, 2021 (MLN): The government is not planning to discontinue the release of weekly Sensitivity Price Index (SPI) as claimed by some media reports, clarified the Spokesperson to Finance Minister Muzammil Aslam on
November 10, 2021: Pakistan Sugar Mills Association (PSMA) members posed their full confidence in the leadership of Mr. Shaukat Tarin and assured their full support to ensure the availability of sugar on affordable
May 21, 2021 (MLN): The Banking sector spread for April 2021 grown by 15 basis points (bps) over the month which brings its latest value to 4.46% as compared to the prior month's spread of
May 21, 2021 (MLN): Amazon has confirmed that Pakistan has been added to its Sellers’ List, said Abdul Razak Dawood, Adviser to PM for Commerce and Investment. Making an announcement on his social media he
May 21, 2021: President Dr. Arif Alvi says the Government is committed to provide a competitive and fair business environment to entrepreneurs and has undertaken a number of measures to build a sustainable economy. He
May 21, 2021: Pakistan Stock Exchange (PSX) has presented important budgetary proposals for 2021-22 to boost economic growth and address key structural imbalances in Pakistan’s economy. The stock market is one of the most documented
May 20, 2021: Pakistan-China industrial cooperation is destined to make Pakistan a manufacturing hub in the region while the establishment of industrial zones would create vast investment opportunities for local industrialists and absorb huge manpower.
May 20, 2021 (MLN): Foreign Investors during the week ended May 07, 2021, sold net Rs7 billion, worth of securities i.e. around Rs.36.42 million lower than last week's numbers. According to a weekly report on
May 20, 2021(MLN): Pakistan’s leading Exploration & Production (E&P) companies succeeded in winning an offshore block for the drilling of oil in Abu Dhabi. According to sources, United Arab States (UAE) has unofficially confirmed that
May 20, 2021 (MLN): State Bank of Pakistan has revised the Statutory Liquidity Reserve (SLR) requirement of Exchange Companies from 25% to 15% of their capital. The enhanced liquidity with exchange companies will enable them
May 20, 2021: The opening of Roshan Digital accounts by overseas Pakistanis in Saudi Arabia has witnessed a significant upward trend following the recent visit of Prime Minister Imran Khan to the Kingdom. This was
May 20, 2021: Ups and downs are considered a routine matter in bilateral diplomatic ties among the world nations, but it does not apply to Pakistan and China as their multi-dimensional relations always witnessed a
May 20, 2021: Taking another step towards making the process of monetary policy formulation more predictable and transparent, the State Bank of Pakistan (SBP) has decided to begin announcing a half-yearly schedule of Monetary Policy
May 20, 2021 (MLN): The government has reduced profits rates on almost all National Saving Schemes with immediate effect, the Ministry of Finance said in a notification. As per the notification, the profit on Shuhada
May 20, 2021 (MLN): Workers’ remittances to Pakistan hit $2.8 billion in April 2021, the highest level on record with an increase of 56 percent from the same month a year ago. This was the
May 20, 2021: Federal Minister for Industries & Production Makhdum Khusro Bakhtyar held consultative sessions with representatives of the Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Auto Parts & Accessories Manufacturers (PAAPAM) separately
May 20, 2021: Pakistan and Thailand have renewed strong desire and commitment to consolidate and further enhance cooperation in diverse fields in line with their shared objectives of peace and development. The Foreign Office Spokesperson
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