Browsing Category
BUSINESS
Pakistan Telecom, IT Exports Hit $330 Million in October
Islamabad, (Newsman): Pakistan’s exports in the telecommunications, computer, and information services sector saw a significant rise of 38.66% in October, reaching $330 million compared to $238 million during the same month last year.
IT…
October 2024: Pakistan’s Current Account Surplus Hits $349 Million
Karachi: According to figures issued on Monday by the State Bank of Pakistan (SBP), Pakistan's current account reported a third consecutive month's surplus of $349 million in October 2024, as opposed to a loss of $287 million in the same…
Pakistan’s Food Export Grew by Whooping 22%
Pakistan’s food export sector saw a significant 22% growth in the first four months of the fiscal year, reaching $2.36 billion.
FBR restricts functions of customs Intelligence
The role and functions of Directorate General of Intelligence and Investigation (Customs) was curtailed to intelligence gathering, collection of information regarding evasion of duties or taxes and exercise powers of Anti Money Laundering…
Cryptocurrency Market Value Hits $3 Trillion
Singapore: The value of the global cryptocurrency market has surpassed $3 trillion as speculation that more lenient US regulations may lead to a new boom for the asset class as a whole increased after Donald Trump was elected president.…
IMF Discussions Wrap Up with Assurances from Pakistan
Islamabad: The five-day talks between Pakistan and the International Monetary Fund (IMF) reportedly ended with the primary directive to the province to ensure that all the arrangements needed to implement the agricultural income tax within…
CDWP Approves Rs. 58.857 Billion for Energy Projects
Islamabad: The Central Development Working Party (CDWP) has authorized three significant energy-related development projects in a meeting presided over by Ahsan Iqbal, Minister for Planning, Development, and Special Initiatives (PDSI) and…
Punjab transfers Rs200 billion to Federation to achieve surplus budget target
ISLAMABAD: In compliance of the International Monetary Fund (IMF), Chief Minister Maryam Nawaz led Punjab govt has transferred Rs200 billion to the Federal Government to show surplus of Rs40 billion to secure the IMF loan program worth $7…
Privatization Minister Invites Spanish Investors for B2B
Privatization Minister Invites Spanish Investors for B2B. Spain and Pakistan can enhance bilateral cooperation including in engineering, highways, overheads and bridges.
Oil Prices Dip Amid Oversupply Concerns and Stronger Dollar
ISLAMABAD, November 15, 2024 – Oil prices fell slightly on Friday as concerns about oversupply and weakening demand, fueled by a stronger U.S. dollar, outweighed a sharp decline in U.S. fuel stocks.
By 0105 GMT, Brent crude futures had…
