A Federal Board of Revenue (FBR) decision to scrutinise export income has been labelled a significant threat to Pakistan’s economic ambitions, with a prominent business leader warning it could jeopardise
Pakistan’s power distribution companies have sustained unimaginable losses estimated at Rs87 billion this year alone due to rampant electricity theft, a cost that is ultimately transferred to law-abiding consumers and
Prime Minister Shehbaz Sharif announced on Friday that the bidding process for the divestment of a seventy-five percent stake in Pakistan International Airlines has been completed successfully and transparently, hailing
Pakistan Telecommunication Company Limited (PTCL) Group has sanctioned a substantial Rs15 billion (approximately USD 53 million) capital infusion into its subsidiary, U Microfinance Bank Limited (U Bank), in one of
The US dollar continued to trade at a premium in the open market compared to the interbank rate on Friday, with other major international currencies such as the British pound
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has warned that persistent electricity shortages and high energy prices are severely constraining Pakistan’s seafood industry, eroding its global competitiveness and
Pakistan’s industrial sector has recorded an outstanding growth rate of 9.38 percent during the current fiscal year, a colossal leap from just 0.12 percent last year, with the automobile sector
The Pakistan Stock Exchange (PSX) launched into the new year with a powerful bullish rally on Thursday, as the benchmark KSE-100 index rocketed up by more than 2,300 points, buoyed
