Pakistani mangoes, celebrated globally for their exceptional sweetness and flavor, have once again proven to be a lucrative export, generating $46.7 million this year. The Ministry of Commerce reports that…
Category:
Business
-
-
Business
Government Introduces New Simple Tax Form for Traders After Nationwide Strike
by Haktaurusby HaktaurusIn response to a widespread strike by traders across the country, the government has unveiled a new bilingual income tax return form designed to ease the tax filing process for…
-
Karachi, August 27, 2024 – Fauji Cement Company Limited (FCCL) has announced a remarkable financial milestone, achieving a record Profit After Tax (PAT) of PKR 8.2 billion for the fiscal…
-
Karachi, August 26, 2024 — Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, has reported a profit of Rs1.13 billion for the three-month period ending June 30,…
-
Business
Pakistan Invites Modi to SCO Summit Amidst Tense Bilateral Relations
by Haktaurusby HaktaurusIn a significant diplomatic move, Pakistan has formally invited Indian Prime Minister Narendra Modi to attend the Shanghai Cooperation Organization (SCO) summit scheduled for mid-October 2024 in Islamabad. This marks…
-
Business
Pakistan Seeks Commercial Loans Amid Rising IMF Costs, Engages Middle Eastern Banks
by Haktaurusby HaktaurusAs Pakistan faces a $2 billion external financing gap, the government is increasingly turning to commercial loans from Middle Eastern banks, with borrowing costs from the International Monetary Fund (IMF)…
-
Date: August 24, 2024 Gold prices in Pakistan have surged dramatically, rising by Rs1,700 per tola (approximately 11.66 grams) over the past week. This sharp increase has been attributed to…
-
Thursday, August 23, 2024 Gold prices in Pakistan have soared to a new record, reaching Rs261,800 per tola today. This surge comes despite a decline in international gold prices. The…
-
In a notable shift in labor migration trends, Pakistan has seen an unprecedented outflow of workers this year, with approximately 800,000 individuals seeking employment opportunities abroad. This significant exodus, facilitated…
-
In a decisive move to curb smuggling in Balochistan, Prime Minister Shehbaz Sharif has directed the provincial government to implement measures to tackle the illegal transportation of diesel and petrol…
