FBR rebuts rumors of upcoming amnesty scheme for smuggled vehicles
Federal Board of Revenue that certain rumors are circulating on the social media regarding a purported upcoming amnesty scheme for regularizing smuggled vehicles.
Adil Aziz
Tamasha opens new innings with First Int’l Streaming of cricket matches
Tamasha, the streaming platform in Pakistan, has secured international streaming rights for Pakistan’s test matches against Bangladesh in August and September, and the test match against England in October, through a partnership with the Pakistan Cricket Board (PCB).
PSO reports profit of PKR 15.9 billion in FY24
PSO has showcased impressive financial performance and strategic prowess in a challenging market, reporting profit of Rs.15.9 billion in Fiscal Year 2024.
Aurangzeb invites Dubai Islamic Bank to enhance investments
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb invited the Dubai Islamic Bank to enhance its investment in the country; reaffirming the government’s dedication to maintaining a stable macroeconomic environment and ensuring that all necessary measures were in place to facilitate foreign investment.
Sales of motorbikes and three wheelers to increases by 15% in July 2024
Suzuki motorcycles an increases of 71.68 percent from the 957 units to 1,643 units during the month of july 2024, while the sale of Honda motorcycles increases by 13.29 percent from 62,012 units to 70,255 units during the same month.
CCP engages all stakeholders, regulators in PTCL-Telenor merger
The Competition Commission of Pakistan (CCP) is currently conducting an in-depth Phase II Merger analysis in response to the proposed merger between Pakistan Telecommunication Company Limited (PTCL) and Telenor Pakistan (Private) Limited (Telenor).
Finance Minister Meeting with President / GCEO of Mashreq Bank
The Finance Minister Muhammad Aurangzeb greeted Mr. Ahmed Abdelaal and expressed appreciation for Mashreq Bank’s interest in Pakistan’s financial landscape and expressed keen interest of the Government of Pakistan to re-engage with Mashreq Bank.
SECP roundtable on Insured Pakistan through promoting Takaful
The SECP organized a roundtable discussion to support its ‘Insured Pakistan 5-year strategic plan’ by promoting the development of the takaful sector in Pakistan with the CEOs and heads of takaful operations of all insurance companies. The session titled “Takaful: Unlocking the Growth Potential” was a half day event, held at Karachi.
JazzCash transforms 350,000 businesses’ smartphones into POS machines
JazzCash, Pakistan’s leading fintech platform has launched its latest feature, ‘Tap-Pay for Businesses’, enabling over 350,000 businesses across the country to accept payments through their Android smartphones.
KCCI demands release of pending Rs.33 billion against incremental consumption
President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while referring to his discussions with industrial town associations in connection with delays in release of funds against incremental consumption of electricity during COVID-19 pandemic, urged the government to immediately release the remaining amount of Rs.33 billion to Karachi industries so that their grievances could be minimized to some extent.