18% Sales Tax: FBR Rejects Proposal for Locally Manufactured Cars
In a recent development, the Federal Board of Revenue (FBR) has dismissed a proposal to impose an 18% sales tax on locally manufactured cars....
Focus on human development key to long-term success: Hussain Dawood
In an inspiring keynote address at the IBA Leaders Connect event, Mr. Hussain Dawood - Chairman, of Engro Corporation and Dawood Hercules Corporation, emphasized...
Significant gas price hike forces Engro Fertilizers to adjust urea rates
Following the increase by FFBL of PKR 1350/bag, Engro Fertilizers has also adjusted urea rates by PKR 785 per bag including FED. Compared to...
Bank Exchange Rates: SBP Modifies Reporting Schedule for Enhanced Transparency
In a move to promote transparency and efficiency in the financial sector, the State Bank of Pakistan (SBP) has announced modifications to the reporting...
Mobilink Bank’s “Change to Sustain” program drives sustainability with PKR 2.5 Billion
Mobilink Bank, a leader in digital financial services, launched its sustainability program, “Change to Sustain,” signaling a step forward in its journey towards operational...
Chief Guest Honorable Muhammad Baligh Ur Rehman – Governor Punjab Inaugurated Pakistan Sustainability Week...
Pakistan Sustainability Week (PSW) alongside Solar Pakistan – 14th International Renewable Energy Exhibition and Electricity Pakistan – 7th International Exhibition for Energy, Storage and...
Profit Repatriation: Foreign Companies in Pakistan Record a 44x Surge in Overseas Profit Transfers...
In a significant economic development, foreign companies operating in Pakistan have experienced an extraordinary surge in profit repatriation, marking a staggering 44-fold increase in...
Global Thought Leaders Convene at Inaugural Energy Summit 2024
Leading international and local experts in the energy, power, infrastructure, risk management, and insurance sectors are set to gather for the groundbreaking Energy Summit...
$2 Billion Loan: China Agrees to Roll Over Financial Assistance to Pakistan
China has formally agreed to roll over a $2 billion loan to Pakistan, showcasing the continued financial cooperation between the two nations.
China's decision to...
Nestlé Pakistan reports full year results for 2023
Nestlé Pakistan ended the year on a positive note, with an increase of 23.4% in its revenue as compared to FY 2022.
The results were...
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Pakistan’s Fiscal Tightening Could Slow Growth: Fitch Ratings
Pakistan’s efforts to reduce its budget deficit through aggressive spending cuts could hurt economic growth in the coming years, according to Fitch Ratings, which...
Chery Master Pakistan Celebrates Robert Lewandowski’s Appointment as Chery Brand Global Ambassador
Chery has officially announced world-renowned football icon Robert Lewandowski as its Chery Brand Global Ambassador, reinforcing the global expression of the brand’s “For Family”...
Select Technologies Limited Announces IPO to Raise PKR 2.489 Billion for Expansion in Technology...
Select Technologies Limited, a wholly owned subsidiary of Air Link Communication Limited plans to raise PKR 2.489 billion at the floor price through its...