Business
Pakistan Customs seizes smuggled items worth Rs3.63bn in 11 months
June 4, 2021
Pakistan Customs seizes smuggled items worth Rs3.63bn in 11 months
Pakistan Customs Anti-Smuggling wing seized smuggled items worth Rs3.63 billion in the last 11 months of the current fiscal year,…
PIA, Dreamworld Resort sign MoU to promote tourism
June 4, 2021
PIA, Dreamworld Resort sign MoU to promote tourism
An MoU was signed by Chief Commercial Officer PIA, Ali Tahir Qasim and CEO Dreamworld Resort, Irfan Hilal at PIA…
SBP says tax collection, industrial activity increased in outgoing fiscal year
June 3, 2021
SBP says tax collection, industrial activity increased in outgoing fiscal year
The State Bank of Pakistan has released its second quarterly report on Pakistan’s economy for the fiscal year 2020-21, noting…
Pakistan makes last-ditch efforts to convince IMF to slash petroleum levy
June 3, 2021
Pakistan makes last-ditch efforts to convince IMF to slash petroleum levy
Pakistani authorities are making last-ditch efforts to convince the International Monetary Fund (IMF) to slash the petroleum levy target by…
PSX: KSE-100 remains above 48,000 points despite volatility
June 3, 2021
PSX: KSE-100 remains above 48,000 points despite volatility
The Pakistan Stock Exchange (PSX) on Wednesday had a “volatile” day with the market ending the day at 126 points…
Budget 2021-22: Govt planning to abolish two dozen withholding taxes
June 2, 2021
Budget 2021-22: Govt planning to abolish two dozen withholding taxes
The federal government is planning to abolish two dozen withholding taxes and is mulling over different proposals to do that.…
Electricity prices lowered for April 2021, announces NEPRA
June 2, 2021
Electricity prices lowered for April 2021, announces NEPRA
National Electric Power Regulatory Authority (NEPRA) on Wednesday lowered electricity prices for the month of April 2021 under fuel adjustment…
Rupee depreciates against US dollar
June 2, 2021
Rupee depreciates against US dollar
The Pakistani rupee depreciated 23 paisas against the United States (US) dollar in the inter-bank currency market on Wednesday. According…
Pakistan’s inflation rate eased to 10.87% y/y in May
June 1, 2021
Pakistan’s inflation rate eased to 10.87% y/y in May
According to the statistics bureau, Pakistan’s annual inflation rate slightly eased to 10.87% year-on-year in May. That compared with an…
Pakistan govt aims to raise Rs5.9t to fund budget deficit
June 1, 2021
Pakistan govt aims to raise Rs5.9t to fund budget deficit
The government plans to raise Rs5.9 trillion from auctions of market treasury bills (MTBs) and Pakistan investment bonds (PIBs) in…