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,
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.
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
You Can Now Get a Passport From Anywhere in Pakistan
In a significant policy shift, the Directorate General of Immigration and Passports has announced that Pakistani citizens can now apply
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
Pakistan Sees Drop in Gold Prices After Reaching Record High
Gold prices in Pakistan saw a slight decline on Thursday, following a record high of Rs. 287,900 per tola reached
Wafi Energy Becomes the Majority Shareholder of Shell Pakistan Limited
Wafi Energy Holding Limited (Wafi Energy) becomes the majority shareholder of Shell Pakistan Limited (SPL) after The Shell Petroleum Company
Prime Minister Shehbaz Sharif Plans Construction Package to Revitalize Sector
Prime Minister Shehbaz Sharif is set to introduce a new construction package aimed at revitalizing Pakistan’s construction sector, with an
