The Board of Public-Private Partnership Authority (P3A) has rejected the consultant’s proposal for a subsidy of Rs. 533 billion for the Karachi Circular Railway (KCR) project for over 30 years, and has instead decided to pay a 40 percent Viability Gap …
Honda Atlas Cars Pakistan Ltd. (HCAR) has announced its financial results for the third quarter that ended December 31, 2021.In a notification to the Pakistan Stock Exchange, the company has reported a profit of Rs. 445.94 million during the third quar…
The Pakistani Rupee (PKR) is on a persistent losing streak against the US Dollar (USD) and posted losses in the interbank market today. It lost 22 paisas against the greenback after hitting an intra-day high of Rs. 176.25 against the USD during today’s…
The import of COVID vaccines and various relevant medicines to deal with the pandemic has put significant pressure on the country’s trade deficit.Pakistan’s import bill of medicinal products swelled by 475% or 4.75 times to $3.1 billion, mainly due to …
The Khyber Pakhtunkhwa Assembly has passed “Urban Areas Development Authorities, Amendment Bill, 2022”.The session of the Provincial Assembly was held in Peshawar on Tuesday with Deputy Speaker Mahmood Jan in the chair.Meanwhile, addressing a ceremony …
President Dr Arif Alvi has apologized to an aged taxpayer over administrative injustice by the Federal Board of Revenue.The President, in a press release issued on Sunday expressed dismay over the treatment of an 82 years old tax payer by FBR.He direct…
The government has increased the prices of petroleum products in view of the rising oil prices trend in global market.According to the notification issued by the Finance Ministry, the price of petrol has increased by 3.01 rupees per litre, High Speed D…
Pakistan’s leading doctor booking and teleconsultation platform, Oladoc, has raised $1.8 million as part of its Pre-Series A round.The round was led by Sarmayacar Ventures along with participation from Doha Tech Angels and other angel investors. Althou…
The National Assembly has passed the National Information Technology Board (NITB) Bill, which would not only enable the Board to harness the latest solutions ICT’s have to offer but would also induct and mainstream these technologies in the processes o…
Advisor to the Prime Minister on Commerce, Abdul Razak Dawood, has accepted the recommendation of the Pakistan-Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) to set up banking counters on the Pak-Afghan border.The advisor promised Presiden…
Islamabad: President Azad Kashmir Barrister Sultan Mahmood Chaudhry has called upon the Kashmiri expatriate community
Islamabad: Prime Minister Muhammad Shehbaz Sharif has directed the authorities concerned to expedite action against
Islamabad: Finance Minister Muhammad Aurangzeb has stated that the government’s prudent economic policies have led
ISLAMABAD: Chinese Special Envoy on Afghan Affairs, Ambassador Yue Xiaoyong, met with Pakistan’s Foreign Secretary
Lahore: Minister for Information and Broadcasting Attaullah Tarar has taken a strong exception to PTI
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Copyright © 2024 Pakistan Press Release Point. All rights reserved.
