Business

The Federal Board of Revenue (FBR) has imposed restrictions on the importers of the Special Technology Zones (STZs) on the import of goods to be used within the said zones.The FBR issued S.R.O. 536(I)/2023 for introducing draft amendments in the Custo...

Oil marketing companies (OMCs) are struggling to maintain supplies in Lahore and other Pakistani cities due to the law and order situation.Petroleum dealers have warned that more than 50% of filling stations could run dry, raising concerns among citiz...

Karachi, May 09, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned preliminary rating of ‘AAA’ (Triple A) to Pakistan Telecommunication Company Limited’s (PTCL) proposed Rs. 5.0b Sukuk. The medium to long-term rating of ‘AAA’ denotes ...

Islamabad, May 09, 2023 (PPI-OT): Al Meezan Investment Management Limited, Pakistan’s largest fund manager with Assets under Management of over PKR 295 Billion including discretionary portfolios has partnered with easypaisa, Pakistan’s leading digital ...

Asian Development Bank (ADB) has expressed its strong commitment to help Pakistan to build the much-needed climate-resilient infrastructure.The assurance was given by the Bank's Director General of Central and West Asia Department Yevgeniy Zhukov whil...

Finance Ministry says the coalition government has averted the default and the economy is now on a course to stability and growth.Regarding a recent news carried by media about 3.7 billion dollars repayment till the end of next month, the Ministry sai...

Germany has announced economic assistance worth 163 million euros for Pakistan.The announcement was made by German Parliamentary Minister for Economic Affairs Niels Annen during his meeting with Minister for Economic Affairs Sardar Ayaz Sadiq in Germa...