The federal government is all set to start the construction of a 105-kilometer railway track from Thar to Port Qasim for transporting coal from local fields to power plants across Pakistan.

Funded jointly by the federal and Sindh governments, the pr…

The government has raised Rs. 12.7 billion from the auction of Ijarah Sukuk bonds, the Pakistan Stock Exchange (PSX) announced on Monday.

The auction, which featured a one-year fixed-rate discounted (FRD) Sukuk, attracted bids totaling Rs. 23.7 bill…

The World Bank’s International Finance Corporation (IFC) has approved a $400 million loan for Pakistan Telecommunication Company Limited (PTCL) to help finance the acquisition of Telenor Pakistan.

‘It is to inform that the Board of Directors of Inte…

Fauji Foundation has appointed retired lieutenant general Anwar Ali Hyder as the new Director and Chairman after four years of first civilian CEO Waqar Ahmed Malik.

‘We have to inform you that Mr. Waqar Ahmed Malik, Director/Chairman has ceased to b…

Oil AND Gas Development Company Limited (PSX: OGDC) has discovered gas at its exploratory Well Nur West 01, located in district Sujawal, Sindh, the company informed the main bourse on Monday.

OGDC is the operator (100 percent) of Nur Development AND…

The lawyers’ community is irritated that the Federal Board of Revenue’s (FBR) Tajir Dost Scheme ‘Announcement’ for traders to file returns without lawyers’ help and assistance.

The Pakistan Tax Bar Association (PTBA) has approached Finance Minister …

The Japanese government has warned that it will take Pakistan to the World Trade Organisation (WTO) over pressure on three Japanese car manufacturers to export their vehicles.

Honda, Toyota, and Suzuki face a requirement to export a percentage of th…

The Pakistani rupee fell further 4th day in a row against the US Dollar after opening trade at 280 in the interbank market.

It was bearish against the greenback today.

The interbank rate stayed at 278 most of the day before closing at the 277 level…

Branchless banking (BB) transactions have crossed the 1 billion mark in a single quarter for the first time ever, according to the latest number released by the State Bank of Pakistan (SBP).

Among these, bill payments and mobile top-ups account for …

Remittances sent by overseas Pakistanis surged by over 30 percent to $2.95 billion in March 2024 compared to inflows of $2.25 billion registered in the previous month.

On a year-on-year basis, the remittances in March 2024 were 16 percent higher com…