FBR revenue collections grew by 30% to Rs.5.1 trillion
The Federal Board of Revenue (FBR) collected Rs.5.150 trillion since July 2023 to mid of February 2024, showing growth of 30 percent.
Editor
PBF urges govt to review gas tariff hike for boosting industry
President, Pakistan Business Forum (PBF) Khawaja Mahboob ur Rehman strongly demanded of the government to reevaluate policy of continuously increasing energy prices on an immediate basis.
Mehfooz
Pakistan trade with China in Yuan to reaches 14%
Mr. Atif Ikram Sheikh, President FPCCI, has apprised that the apex body considers China as one of the most important countries for Pakistan vis-à-vis diversifying and expanding its exports on an incrementally sustainable basis – as China is not only a neighboring and friendly country; but, also a huge market for potential Pakistani exports. He expressed his optimism on the trend where the Pakistani trade with China in Yuan has reached 14 percent in 2023; whereas, it was a mere 2 percent in 2018.
Pakistan regional exports to seven countries increase by 21%
Pakistan’s exports to the seven regional countries witnessed an increase of 21.68 per cent in the first seven months of the financial year 2023-24.
Adil Aziz
Easypaisa empowers users with ‘Savings Pocket’ for financial independence
Easypaisa, Pakistan’s leading digital financial services platform, introduces its latest breakthrough offering, the ‘Savings Pocket’.
SECP registered 2,651 new companies in Jan 2024
The Securities and Exchange Commission of Pakistan (SECP) has registered 2,651 new companies in January 2024, showing an increase of 10 percent compared to the corresponding period last year.
Gas at 2,750 Per MMBTU price hike will make industries shut down: Atif Ikram
Mr. Atif Ikram Sheikh, President FPCCI, has strongly demanded that the government reevaluate its policy of continuously increasing energy prices on an immediate basis. Particularly, the decision to increase captive gas price to Rs. 2,750/MMBtu — an increase of 223% since January 2023 — threatens the very survival of Pakistan’s industrial sectors and a complete collapse is imminent.
Pakistan’s earns $1,454 million from IT services’ export
Pakistan earned US $1,454.881 million by providing different Information Technology (IT) services to various countries during the first six months of the current fiscal year 2023-24.
LCCI rejects proposed hike in KPT charges, utility prices
The Lahore Chamber of Commerce and Industry (LCCI) has rejected the proposed increase in the KPT (Karachi Port Trust) charges and utility prices.
SECP continues crack down against illegal personal loan apps
The Securities and Exchange Commission of Pakistan (SECP) is constantly monitoring social media and websites for illegal personal loan Apps (illegal apps) in order to safeguard the public from illicit loan sharks.