In a landmark development, the Pakistan Stock Exchange (PSX) has signed a collaborative understanding with LSEG (London Stock Exchange Group) on Environment, Social and Governance (ESG).
Under this mutual understanding, both companies will work to d…
The Foreign Direct Investment (FDI) in the country rose to $258 million in March 2024, up 52 percent over the FDI of $170 million in the same month of FY23.
According to Arif Habib Limited (AHL), the net FDI inflows in March 2024 are the highest sin…
Attock Refinery Limited (PSX: ATRL) has shut down its main crude distillation unit with immediate effect, the company informed the main bourse on Monday.
‘We wish to inform you that due to high stocks of diesel, we are forced to shut down the main c…
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action against exporters, who are intentionally misusing unique user identifier (CNICs/ NTNs) of non-exporters under Pakistan Single Window (PSW) and web-based cu…
The Federal Cabinet has approved multiple Memorandums of Understanding (MoUs) for enhancing cooperation with Iran, particularly in setting up a Worker’s Welfare Fund and collaboration in the film industry, high-level sources told ProPakistani.
Sourc…
The Competition Commission of Pakistan (CCP) has granted approval to the share acquisition of a Pakistani food company by four acquirers including a Singapore-based investment holding company.
The approved transaction involves the acquisition of a 2…
The Securities and Exchange Commission of Pakistan (SECP) has officially registered The Bank of Punjab’s (PSX: BOP) exchange company.
‘We are now pleased to inform you that subsequent to the issuance of above referred NOC from the State Bank of Paki…
Pakistan’s Real Effective Exchange Rate (REER) increased by 1.97 percentage points to 104.07 in March 2024, according to data released by the State Bank of Pakistan (SBP) on Monday.
According to the latest monthly data released by the central bank, …
Pakistan and Iran have decided to increase the trade volume between the two countries to $10 billion, Iranian President Ebrahim Raisi said Monday.
Addressing a joint press conference alongside Prime Minister Shehbaz Sharif after the two held a meeti…
The Federal Board of Revenue (FBR) has seized 1,235 packerites of cigarettes having an approximate value of Rs. 96 million during a major enforcement operation across the country.
The IR Field Formations of FBR, during counter-evasion operations, co…
