An official meeting of the federal government and Punjab province convened on Friday to deliberate on reducing the nation’s edible oil import expenditure while bolstering the production of oil-based products.Chaired by Federal Minister for Commerce and…

The Pakistan Business Council (PBC) has called on interim Finance Minister Dr. Shamshad Akhtar to pay attention to a “bigger leakage of revenue” to the tune of roughly Rs. 1 trillion from under-invoicing of imports.In a letter, PBC emphasized its prev…

Visit Dubai and Real Madrid Club de Fútbol, two leading brands with joint values, ambitions and a dedication to excellence and innovation, have kicked off a landmark collaboration. The multi-year agreement promises a range of exciting activations, spec…

The International Monetary Fund (IMF) has issued a working paper for assessing vulnerabilities in the crypto space.In the study “Assessing Macrofinancial Risks from Crypto Assets,” the lender emphasizes creating a Crypto Risk Assessment Matrix (C-RAM) …

The Coca-Cola Company has introduced a new flavor, Fanta Red Apple in Pakistan to its diverse beverages portfolio, expanding the range of flavors available in Fanta TM.Fanta, an internationally renowned brand celebrated for its refreshing bubbly flavor…

Interim Finance Minister Dr Shamshad Akhtar has extended her unwavering support to Securities and Exchange Commission of Pakistan’s (SECP) initiatives aimed at establishing financial institutions backed by private funds to serve as a catalyst for econ…

After three massive hikes on the previous fortnightly reviews, the caretaker government finally announced a slight reduction in the prices of petroleum products.According to a notification issued by the Finance Division, the price of petrol has been cu…

The Federal Board of Revenue (FBR) has said that there would be no extension in the last date for filing income tax returns beyond September 30, 2023.Ad powered by advergic.comIn this connection, the FBR issued instructions to the field formations here…

Bank Alfalah Islamic, the leading Islamic banking institution, has been reappointed as a Joint Financial Advisor (JFA) to the Ministry of Finance for 5 years, reinforcing its status as the sole Islamic Banking window among esteemed JFAs, dedicated to …

Millat Tractors Limited (PSX: MTL) announced its financial result for the period ended FY23 whereby the company’s unconsolidated Profit After Tax (PAT) stood at Rs. 3.378 billion, down 38 percent YoY compared to PAT of Rs. 5.407 billion in the same per…