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    Finance

    Cut Expenditure & Modernize FBR: PM Directs Development of Strategy

    In a significant directive, the Prime Minister has instructed the formulation of a comprehensive strategy aimed at cutting government expenditure and modernizing the Federal...

    New Pension System: Federal and Punjab Governments Plan Significant Switch by July

    In a strategic move, both the federal and Punjab governments are gearing up for a major transition to a new pension system, set to...

    18% Sales Tax: FBR Rejects Proposal for Locally Manufactured Cars

    In a recent development, the Federal Board of Revenue (FBR) has dismissed a proposal to impose an 18% sales tax on locally manufactured cars....

    Bank Exchange Rates: SBP Modifies Reporting Schedule for Enhanced Transparency

    In a move to promote transparency and efficiency in the financial sector, the State Bank of Pakistan (SBP) has announced modifications to the reporting...

    Mobilink Bank’s “Change to Sustain” program drives sustainability with PKR 2.5 Billion

    Mobilink Bank, a leader in digital financial services, launched its sustainability program, “Change to Sustain,” signaling a step forward in its journey towards operational...

    Profit Repatriation: Foreign Companies in Pakistan Record a 44x Surge in Overseas Profit Transfers in January 2024

    In a significant economic development, foreign companies operating in Pakistan have experienced an extraordinary surge in profit repatriation, marking a staggering 44-fold increase in...

    World Bank Considers $72 Million Additional Financing for Sindh Barrages Project

    In a noteworthy development, the World Bank is contemplating the provision of an additional $72 million in financing for the Sindh Barrages Project. This...

    $2 Billion Loan: China Agrees to Roll Over Financial Assistance to Pakistan

    China has formally agreed to roll over a $2 billion loan to Pakistan, showcasing the continued financial cooperation between the two nations. China's decision to...

    Nestlé Pakistan reports full year results for 2023

    Nestlé Pakistan ended the year on a positive note, with an increase of 23.4% in its revenue as compared to FY 2022. The results were...

    Latest articles

    Rici Melion Enters a New Era of Luxury Menswear

    Italian luxury menswear house Rici Melion, renowned for its bespoke tailoring and craftsmanship, continues to expand its footprint across Pakistan. With the rapid growth...

    FrieslandCampina Engro Pakistan Ltd Announces Financial Results as of Q3, 2025

    FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the third quarter ended September 30th, 2025.  The packaged milk category continues to remain in...

    Spotify Takes Over LUMS as Hip-Hop Event Lights Up the Campus

    Spotify turned up the volume on Pakistan’s growing Hip-Hop scene with an immersive on-campus experience at the Lahore University of Management Sciences (LUMS). The...

    Fresh record for YANGWANG U9 Xtreme: now the fastest electric hypercar at the Nordschleife

    The YANGWANG U9 Xtreme is already the fastest electric car on the planet – and now the performance flagship of BYD's luxury sub-brand has...