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BUSINESS
Pakistan’s Primary Balance Posts Surplus After 17 Years
ISLAMABAD: The State Bank of Pakistan (SBP) released its Annual Report on the State of Pakistan’s Economy for fiscal year 2023-24, noting improvements in macroeconomic conditions driven by stabilization policies, successful IMF engagement,…
Meta Streamlines Operations with Job Cuts in Major Divisions
About 21,000 jobs have been eliminated by the corporation since November 2022 to minimize expenses.
Chinese Company to Invest $1 Billion in PRL
Aims to be free from government oversight; the refinery will increase production with improvements .
Finance Minister Reiterates Commitment to Economic Reforms in Meeting with U.S. Ambassador
Finance Minister Reiterates Commitment to Economic Reforms in Meeting with U.S. Ambassador
ISLAMABAD, October 17, 2024: Federal Finance and Revenue Minister Senator Muhammad Aurangzeb has reaffirmed the government's commitment to…
PTCL Faces Rs6.3 Billion Loss despite Revenue Increase of 15%
Due to rising expenses and financial strains, the nine-month loss totals Rs 15.3 billion.
Chinese PM, NA’s Speaker Discuss Enhanced Cooperation
ISLAMABAD, October 15,2024: Chinese Prime Minister Li Qiang met with Pakistan's National Assembly Speaker, Ayaz Sadiq, to strengthen economic ties and expand cooperation between the two nations.
The two leaders explored opportunities to…
FBR Extended Income Tax Return Filing Deadline
Islamabad, October 15, 2024: The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns to October 31 for the second time.
The tax collection body released the following statement late Monday night: "The…
ADB Appoints Xiaoqin (Emma) Fan as New Country Director for Pakistan
ISLAMABAD, October 14,2024: The Asian Development Bank (ADB) has announced the appointment of Xiaoqin (Emma) Fan as its new Country Director for Pakistan.
She officially joined the Pakistan Resident Mission.
In her new role, Ms. Fan…
200 Million and Counting: Orange Line’s Passenger Triumph
HASNAIN AULAKH
The Orange Line Metro Train Project in Lahore, Pakistan, is a shining example of modern infrastructure, made possible through a historic collaboration between China and Pakistan under the China Pakistan Economic Corridor…
ECC Gives Green Light for Another 0.5 Million Tons Sugar Export
ISLAMABAD: The Economic Coordination Committee (ECC) has approved the export of an additional 0.500 Million MT of surplus sugar.
The ECC chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb made the approval…
