Pakistan’s gross domestic product (GDP) growth is projected to recover modestly to 1.9 percent in fiscal year 2024 (1 July 2023 to 30 June 2024) from 0.3 percent in FY2023, with price pressures remaining elevated, said the Asian Development Bank (ADB)…
In a bid to foster innovation, financial inclusion, and availability of affordable digital financial services, the State Bank of Pakistan (SBP) has granted In-Principle Approval (IPA) for establishing five digital retail banks, namely HugoBank Limited…
Pakistan’s Ambassador to the United States Masood Khan says US investors, including Pakistani American community, are taking keen interest in making investment in Pakistan’s diverse sectors, including mining.In an exclusive interview with PTV, he point…
Despite business challenges in various sectors of the economy, the banking sector remained consistent in major indicators as its assets surged to over Rs. 40 trillion by the end of June 2023.According to the State Bank of Pakistan’s Mid-Year Performanc…
A team of the World Bank led by its Country Director Njay Benhassine called on Caretaker Minister for Planning Development and Special Initiatives Muhammad Sami Saeed in Islamabad on Monday.Talking to them, the Planning Minister said that the governmen…
Balochistan Governor Malik Abdul Wali Khan Kakar has said that Balochistan is the gateway to Asia from where trade can be done with many countries.He was addressing the business role model award ceremony at the Islamabad Chamber of Commerce and Industr…
The price of petrol in Pakistan has soared by over Rs. 116 per liter since the start of the current year.At the start of the year, the price of petrol stood at Rs 214.80 per liter which has now risen to Rs. 331.38 per liter, an increase of Rs. 116.58.T…
Pakistan’s mobile phone imports crossed Rs. 32.7 billion in August 2023, according to the latest data released by the Pakistan Bureau of Statistics (PBS).According to PBS data, the imports in August 2023 were 71 percent higher than imports of Rs. 19.1 …
Regal Automobile (DFSK) is planning to debut its first battery electric vehicle (BEV), Seres 3, in Pakistan on mid-October 23.According to an official notification, Seres 3 will initially be sold as a Completely Built-Up (CBU) at Rs. 11.8 million. The…
The Federal Board of Revenue (FBR) has directed its field formations to investigate those high volume/value of transactions with little or no net sales tax payment to detect sales tax frauds.According to the FBR’s procedure issued to the Inland Revenu…
Karachi: Relevant government agencies are continuing their actions against smuggling. A total of 7.8 metric
Baku: Pakistan and Azerbaijan have reaffirmed their dedication to enhancing their strategic partnership across several
Islamabad: Pakistan Telecommunication Authority (PTA) has blocked websites that spread profane and obscene content. It
BUDAPEST: Interior Minister Mohsin Naqvi has called for global cooperation to tackle the complex issue
Islamabad: An earthquake measuring five point three on the Richter scale jolted Islamabad, Peshawar, Swabi,
Copyright © 2024 Pakistan Press Release Point. All rights reserved.
Copyright © 2024 Pakistan Press Release Point. All rights reserved.
