PIA Won’t Be Sold for Peanuts: Minister
Federal Minister for Privatisation Abdul Aleem Khan has affirmed that Pakistan International Airlines (PIA) will not be sold at a
Pakistan’s Cotton Production Drops by 37% as Import Bill Set to Surge
Cotton arrivals in Pakistan are down by 37 percent year-on-year (YoY) to 4.29 million bales as of October 31, 2024,
Pakistan Considers Legalizing Digital Currencies with SBP Act Amendments
The federal government has put forward a proposal to legalize digital currencies in Pakistan by amending the State Bank of
Middle Eastern Burger Chain Salt to Enter Pakistani Market
Salt, a popular Middle Eastern burger chain known for its Wagyu beef burgers, has announced plans to expand into Pakistan.
Telenor Pakistan’s Sale to PTCL Delayed, Now Expected to Finalize in Early 2025
The completion of the sale of Telenor Pakistan to Pakistan Telecommunications Company Ltd (PTCL) is now anticipated to extend into
Pakistan’s Foreign Exchange Reserves Climb to $11.16 Billion, Highest in 31 Months
Pakistan’s foreign exchange reserves, held by the State Bank of Pakistan (SBP), rose by $116 million to reach a 31-month
Govt Decides Not to Extend Income Tax Return Filing Date
The Federal Board of Revenue (FBR) has confirmed that the deadline for filing income tax returns for the tax year
FBR Misses Tax Collection Target by Rs. 192 Billion in First 4 Months of FY 2024-25
The Federal Board of Revenue (FBR) reported a revenue collection of Rs. 878 billion for October 2024, falling short of
UBL Submits Offer to Merge With Silkbank
United Bank Limited (PSX: UBL) has submitted a proposal to Silkbank Limited (PSX: SILK) for the amalgamation of Silkbank into
Govt Increases Prices of Petrol and Diesel Despite Falling Global Prices
The federal government has announced a surprise increase in the prices of petroleum products, effective November 1. The price of
