Business
NLC starts delivery of trade goods from China to UAE
ISLAMABAD: The National Logistics Corporation (NLC) has officially begun the delivery of trade goods from China to the United Arab Emirates (UAE), passing through Pakistan, as…
pakistan
Business
Indicators signify optimistic economic outlook in Pakistan
ISLAMABAD: The Ministry of Finance states that the economy has shown consistent positive developments during the first five months of the financial year. According to the…
Business
Government abolished additional tax on low ADR; increased corporate tax rate by 5%
ISLAMABAD: In a recent development, Federal Cabinet has approved the promulgation of an Income Tax Ordinance to implement changes in the Advance Deposit Ratio (ADR) for…
Business
Bank Makramah shareholders approve its Restructuring Scheme by overwhelming majority
Islamabad: The shareholders of Bank Makramah Limited (BML) have overwhelmingly approved the Scheme of Arrangement for the restructuring of the bank in their Extraordinary General Meeting…
Business
Federal Minister for Commerce to Visit Korea for Strengthening Economic Ties
Islamabad: Federal Minister for Commerce Jam Kamal Khan is set to embark on an official visit to Korea to sign the Pakistan-Korea Economic Partnership Agreement (EPA),…
Business
SBP injects Rs2.99 trillion in the market
KARACHI: The State Bank of Pakistan (SBP) injected Rs2,989.2 billion into the market on Friday through reverse repo purchases and Shariah-compliant Mudarabah-based Open Market Operations (OMO).…
Energy
PM directs uninterrupted gas supply to domestic consumers
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif has instructed authorities to guarantee an uninterrupted supply of gas to households throughout the winter season without any delays. He…
Business
Economy sees record $729m current account surplus in Nov
ISLAMABAD: The nation’s economy recorded an impressive current account surplus of $729 million (equivalent to 72.9 crore dollars) in November, representing the second-highest surplus since July…
Energy
OGDCL Revives and Enhances Oil Production from Pasakhi-5 Well in Hyderabad, Sindh
ISLAMABAD: Pakistan’s leading oil and gas exploration company, Oil & Gas Development Company Limited (OGDCL), has successfully increased oil production from the Pasakhi-5 well, situated in…
Business
Pakistan and Turkiye Agree to Strengthen Agricultural Cooperation
Islamabad: Federal Minister for National Food Security and Research, Rana Tanveer Hussain, held a productive meeting with the Turkish Ambassador to Pakistan to discuss enhancing agricultural…
