Day: April 2, 2024

The price of gold in Pakistan dipped slightly on Tuesday but remained above Rs. 237,000 per tola.

According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) fell by Rs. 500 per tola to Rs. 237,100, while the price of 1…

Pakistan International Airlines Corp Limited (PIAA) has revealed plans for restructuring and its shareholders will vote on this proposal at an Extraordinary General Meeting on April 20th, 2024, in Karachi.

The scheme involves splitting the business …

National Highways and Motorway Police and Pakistan Customs jointly signed a memorandum of understanding to develop procedures for the prevention of smuggling on National Highways and Motorways on modern lines and to increase cooperation in other area…

Pakistan’s textile exports increased by 3.2 percent year-on-year (YoY) in March 2024 and stood at $1.3 billion compared to $1.26 billion during the same period last year, data by All Pakistan Textile Manufacturers Association (APTMA revealed Tuesday….

The recent recommendation by the International Monetary Fund (IMF) to impose higher taxes on the already heavily taxed tobacco sector is a short-sighted policy that risks exacerbating the proliferation of illicit cigarettes.

While ostensibly aimed a…

With the high local interest rates and stable Pakistani rupee, foreign investors are investing in local T-Bills through Special Convertible Rupee Accounts (SCRA).

According to Topline Securities, after a gap of four years, a net inflow of $82 millio…

The Competition Commission of Pakistan (CCP) has issued Show Cause Notices to the Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) and six leading fertilizer companies for allegedly fixing urea prices, a prima facie violation of Section …