Millat Tractors suspends production in Pakistan: Here’s why
MTL reiterated that the current production stoppage is solely due to ongoing issues with GST refunds and is not related…
Economy
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SBP to introduce plastic currency notes in Pakistan, Senate committee told
“The Rs 5,000 note will not be phased out and no such proposals are being considered.” The SBP governor said….
Foreign Direct Investment rises 64% in July 2024
In July 2024, foreign direct investment inflows stood at $198 million, up 29 percent from $153 million in July 2023….
Airline offers up to 50% discount on international travel: Details inside
Saudia has offered a discount on flights from its major hubs—King Abdulaziz International Airport in Jeddah and King Khalid International…
Pakistan petroleum import bill receives hike by 40%
The transport sector experienced a decrease in its import bill, down by 4.81% year-on-year to $147.78 million from $155.25 million…
Over 100 factories shut down in Faisalabad due to high cost
Mukhtar highlighted that increased taxes and delays in refund payments are causing widespread frustration in the industry, which requires urgent…
Govt to introduce fuel price adjustment in gas bills: Details inside
Ishaq Dar emphasized the importance of the petroleum sector for energy security and economic development of the country. ISLAMABAD: The…
FBR imposes Rs60,000 monthly tax on Karachi traders
The new development sparked concerns within business community, particularly affecting electronics market. KARACHI: Federal Board of Revenue (FBR) told traders…
CCP imposes penalty of Rs5m on Diamond Paint Industries
CCP highlighted that complete transparency in advertising is crucial for consumers to make informed choices. ISLAMABAD: Pakistan‘s leading paint company…
Gold hits record high in Pakistan amid global turbulence
The price of the precious commodity in the international market settled at $2,507 per ounce with an increase of $46….