Pakistan International Airlines Corporation Limited (PSX: PIAA) will officially close its books at the Pakistan Stock Exchange (PSX) on May 25, 2024.

This date has been set to determine the Class ‘A’ and Class ‘B’ shareholders of the company, a stoc…

Illegal and smuggled cigarettes cause an annual loss of over Rs 310 billion to Pakistan’s economy, a report by the National University of Science and Technology (NUST) said on Tuesday.

At the launch event of the report, Federal Minister of Defence K…

Finance Minister Muhammad Aurangzeb will present the 2024-25 federal budget in parliament on June 7, 2024.

The budget session will initially start on Thursday, June 6, before presenting it in full on Friday (the next day). After Aurangzeb’s budget p…

Shares of PIA Holding Company Limited (PIAHCL) will start trading at Pakistan Stock Exchange at the same price as the final closing rate of Pakistan International Airlines Corp (PSX: PIAA), the airline informed the main bourse on Tuesday.

The openin…

While the November release of quarterly national accounts represents an important step forward for economic statistics in Pakistan, projects are underway for future improvements, including further refinements of seasonally adjusted estimates for even…

The Utility Stores Corporation has successfully procured 10,000 tons of sugar as part of the Prime Minister’s Relief Package, sources told ProPakistani.

The essential commodity was purchased at a rate of Rs. 141.2 per kg, so the Utility Stores will …

The Pakistani rupee (PKR) started the new week with losses against the US Dollar today after opening trade at 278 in the interbank market.

It was bearish all day and closed in red against the greenback. It also posted massive losses against other ma…

The federal government has shared a plan with the International Monetary Fund (IMF) to reduce federal expenses by Rs. 300 billion, well-informed sources told ProPakistani.

This plan involves several key measures aimed at cutting costs and streamlini…

The Ministry of IT has established a project management unit (PMU) for the DEEP project, with Director General IT Asfandyar Khan temporarily appointed as the Project Director.

In addition to the main PMU at the Ministry of IT, two more units have be…

International investors want Pakistan to remit dividends owed to their shareholders in power plants under the China-Pakistan Economic Corridor (CPEC).

The pending dues for CPEC power projects are around Rs. 550 billion. This was a key issue raised b…