Pakistani Rupee Continues to Slide Against US Dollar and Other Major Currencies
The Pakistani Rupee (PKR) began the week on a bearish note, experiencing losses against the US Dollar (USD) in the
World Bank To Provide $8.7 Billion Loan to Pakistan Over Next 5 Years
The World Bank has committed to providing a loan of $8.7 billion over the next five years. This funding will
Sazgar Faces Uncertain Future Amidst Rising Competition and Policy Changes
Sazgar Engineering Works Limited (SAZEW), a prominent player in Pakistan’s automobile assembly sector, is at a critical juncture. Despite its
Senior IRS and Customs Officials Lobby for Top FBR Position
Following the early retirement plea of Chairman FBR Amjad Zubair Tiwana, senior officers from Inland Revenue and Pakistan Customs have
Lucky Core Industries Secures Approval for Pfizer Pakistan Asset’s Acquisition
Lucky Core Industries will acquire certain assets of M/s. Pfizer Pakistan Limited after approval of the Competitive Commission of Pakistan.
PM Forms Task Force to Implement Key Reforms in Power Sector
The Prime Minister has constituted an eight-member Task Force under the chairmanship of Federal Minister for Power, Sardar Awais Khan
PM Forms 10-Member Task Force on FBR Digitalization, Major General Appointed as Co-Chair
The Prime Minister has constituted a 10-member Task Force on digitalization under the chairmanship of the State Minister for Finance
Proposal to Pay IPPs in Lump Sum Could Cut Electricity Prices by Rs. 5 Per Unit
The Ministry of Finance and the Ministry of Energy are considering various proposals to provide relief in electricity bills. Sources
Karachi to Get New Industrial Zone in Surjani After 30 Years
Director General of the Karachi Development Authority (KDA), Syed Shujaat Hussain, announced that a new industrial zone will be established
Pakistan Cement Sales Decline for 11th Straight Month
Cement sales in Pakistan have declined for the 11th consecutive month, dropping by 6.81 percent in July 2024. According to
