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BUSINESS
FBR Reports 18.5% Growth in Customs Duty Collection for 2023-24
ISLAMABAD, November 9, 2024: The Federal Board of Revenue (FBR) reported a significant rebound in customs duty collections for the fiscal year 2023-24, showing an 18.5% increase over the previous year.
According to the FBR, net customs…
Local Gold Rates Remain Unchanged
ISLAMABAD: Gold prices in Pakistan remained stable on Saturday, in line with global market trends.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold was quoted at Rs278,800 per tola…
Overseas Pakistanis Send Record $11.8 Billion in Remittances in First Four Months of FY24
ISLAMABAD, November 8, 2024 — Overseas Pakistanis have broken previous records by sending a total of $11.8 billion in remittances during the first four months of the current fiscal year, as per the data issued by the State Bank of…
Major Housing Project Receives Rs50 Billion from Centre
Islamabad: The Sindh province government will receive Rs 50 billion from the federal government to execute its emergency housing project.
The cabinet's Economic Coordination Committee (ECC) recently met and decided.
According to the…
Pakistan’s Economy Moving Towards Stability, Says Finance Minister Aurangzeb
KARACHI, November 6, 2024: Finance Minister Muhammad Aurangzeb said that Pakistan’s economy is on the path to stability, thanks to the government's prudent economic policies.
Addressing the 8th edition of the Future Summit in Karachi on…
Oil Prices Slide as Investors Await Clarity on U.S. Election Results
ISLAMABAD, November 6, 2024: Oil prices dropped on Wednesday as early results from the U.S. presidential election showed a tight race between Republican Donald Trump and Democratic Vice President Kamala Harris, leaving markets uncertain…
8th Pakistan Industrial Expo 2024: Fostering Eco Growth, Tech Advancement
Lahore (Newsman): The eighth edition of the Pakistan Industrial Expo starting from November 09, 2024, is poised to make a significant impact at the Lahore Expo Centre, bringing together over 130 international companies under one roof.…
SOEs directed to tight governance in IMF’s compliance
ISLAMABAD: The Ministry of Finance has directed all state-owned enterprises (SOEs) to adopt standard regulations and reporting manuals for their operational protocols, business plans, board appointments and financial audits to reduce…
ADB’s New Country Director Meets Finance Minister to Strengthen Pakistan Partnership
ADB's New Country Director Meets Finance Minister to Strengthen Pakistan Partnership
ISLAMABAD, November 4, 2024: Finance Minister Muhammad Aurangzeb on Friday met with Ms. Emma Fan, the newly appointed Country Director of the Asian…
WAPDA-Power mega projects waiting for budgeted foreign funds
ISLAMABAD: The foreign funded WAPDA-Power mega projects are facing slow inflows from different international lenders mainly to due to insufficient rupee cover and bad economic situation in the country.
The Federal Government led by…
