New Airlines Eye Entry into Pakistan’s Aviation Space, Await CAA’s Approval for Operations
Several new airlines are considering launching operations in various cities across Pakistan, according to the Civil Aviation Authority (CAA). Among
IPPs Receive Over Rs. 979 Billion in Capacity Payments During FY 2023-24
Independent Power Producers (IPPs) in Pakistan were paid over Rs. 979 billion in capacity charges during the fiscal year 2023-24,
CCP Approves Merger of 2 Consumer Electronics Companies
The Competition Commission of Pakistan (CCP) has approved the merger between DWP Engineering Industries (Private) Limited and Digital World Pakistan
PTA Blocks Over 5,000 Mobile Phones in Crackdown on Illegal Activities
The Pakistan Telecommunication Authority (PTA) has blocked 5,294 mobile phones involved in illegal and fraudulent activities during the fiscal year
SBP Reserves Near $9.5 Billion with Latest Weekly Increase
The State Bank of Pakistan (SBP) reported a $30 million increase in its foreign exchange reserves on a weekly basis,
FBR to Freeze Bank Accounts of Filers Who Deliberately File Incorrect/Incomplete Tax Returns
The Federal Board of Revenue (FBR) has announced plans to implement stringent measures against individuals who deliberately submit incorrect or
IMF Board to Review Pakistan’s $7 Billion Loan on September 25
The International Monetary Fund (IMF) announced that its Executive Board is set to meet on September 25 to discuss the
ADB Approves $320 Million Loan For Pakistan
The Asian Development Bank (ADB) has approved a $320 million loan to support the rehabilitation of roads in the province
SECP Registers Over 2,900 New Companies in August 2024
The Securities and Exchange Commission of Pakistan (SECP) registered 2,933 new companies in August 2024, marking a 3% increase compared
SBP Cuts Interest Rate by 200 Basis Points to 17.5%
The State Bank of Pakistan (SBP) announced on Thursday a reduction in the interest rate by 200 basis points, bringing
