AsiaNet-Pakistan

Recent Press Releases

Rupee Maintains Position Against the US Dollar as Markets Calm Following SBP Warning

The Pakistani rupee (PKR) depreciated by one paisa against the US dollar (USD) on Friday to close at 168.19.Yesterday, it recovered from the record low of September 15 and gained 94 paisas in the inter-bank market to close at Rs. 168.18.On September 15…

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Experts Stress Need for Evidence-based Tax Policy for Tobacco Trade in Pakistan

September 17, 2021 |

The taxation policies toward the tobacco industry in Pakistan need to be based on real evidence, covering facts and figures about the share of illicit and smuggled products in the Pakistani market.This was the crux of a discussion by trade experts duri…

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Asad Umar Rubbishes Claims of Delay in CPEC Projects

September 17, 2021 |

Federal Minister for Planning and Development Asad Umar has dispelled the impression that the pace of work on the CPEC [China-Pakistan Economic Corridor] projects has been slowed down, reaffirming that major work of the projects has been completed by t…

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NADRA is Now Bound to Share Data With FBR for Tax Purposes

September 17, 2021 |

President has promulgated Tax Laws (Third Amendment) Ordinance 2021 to legally bound the National Database and Registration Authority (NADRA) to share Pakistani citizens’ data with the Federal Board of Revenue (FBR) for broadening of the tax base.The g…

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No polio case detected in last seven months: Dr Faisal

September 17, 2021 |

Special Assistant on National Health Services Dr Faisal Sultan has said that no polio case has been detected in the country during last seven months.Addressing an event in Islamabad today (Friday), he said this is an important milestone which will be t…

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Pakistan Players Respond to New Zealand’s Decision to Call Off the Tour

September 17, 2021 |

Pakistan national team players have voiced their opinions after the New Zealand cricket team decided to call off their tour citing security reasons. Pakistan players took to social media to share their disappointment on the decision and also share with…

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Pakistan desires to connect CPEC with Central Asian States: Information Minister

September 17, 2021 |

Minister for Information and Broadcasting Chaudhry Fawad Hussain says Pakistan desires to connect CPEC with Central Asian States as per the economic vision of Prime Minister Imran Khan.Talking to media in Dushanbe on Thursday, he said we have been stre…

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General Business News

PACRA Assigns Initial Entity Ratings to Unicol Limited

Lahore, March 22, 2021 (PPI-OT): Pakistan’s ethanol industry is largely export based owing to lower domestic usage. The Country’s ethanol exports stood at USD 392mln in MY20, growing steeply by ~39%. Fluctuating yet inclining trend was witnessed in the global ethanol prices owing to spike in ethanol demand due to Covid-19 and closure of businesses […]

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Official News

Govt working to ensure implementation of laws related to women rights: Kanwal

Parliamentary Secretary for Planning, Development and Reforms Kanwal Shauzab says the PTI government, under its manifesto, is vigorously working to ensure implementation of laws related to women rights. Talking to PTV News, she said the government has done a lot on the agenda of women empowerment and enacted laws to safeguard their property rights. Kanwal […]

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Company News

Daily Distribution of JS Investments Limited

Karachi, JS Investments Limited informed Pakistan Stock Exchange that a dividend of Re. 0.0183 per unit will be paid to the unit holders whose name appeared in the register of unit holders of JSIDDF at the close of the business day on March 19, 2021. JS Investments Limited is a public listed company incorporated in […]

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Board Meetings

Board of directors meeting of Unilever Pakistan Foods Limited

Karachi, Unilever Pakistan Foods Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 28, 2021 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, 2020. Further, the company has declared the closed period from March 26, […]

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Education News

BHUs, govt schools & hospitals being shifted to solar energy across province: Akhtar

Punjab Minister for Energy Dr. Akhtar Malik has said that the government is paying all its attention towards generation of low cost electricity from renewable energy sources. In a statement issued from Lahore today, he said that his department has set a target to reduce Punjab government’s annual electricity bill from 37 billion rupees to […]

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Entertainment News

Met Office predicts dry weather in most parts of country

Mainly dry weather is expected in most parts of the country during next twelve hours. However, isolated rain-thunderstorm and light snowfall over high mountainous areas is expected in upper Khyber Pakhtunkhwa and Gilgit Baltistan.Temperature of some ma…

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