APTMA opposes proposed hike in gas price for export oriented units
All Pakistan Textile Mills Association (APTMA-North) Chairman Kamran Arshad has opposed the proposed increase in gas price for Export-Oriented Units (EOUs), terming it disastrous for textile industry.
Adil Aziz
FTO decides Rs 17,742.16 million refund claims
The Federal Tax Ombudsman (FTO) has addressed the grievances of the taxpayers by processing 8,963 cases with an implementation status of 94.07% during 2023
Mehfooz
Automobile sale rises 29.57% in January 2024
Sale of cars rose to 7,802 units in January 2024 compared to 6,021 units during same month of previous year.
Editor
EDOTCO Pakistan Spearheads Sustainable Development and Community Wellbeing in 2023
EDOTCO Pakistan, a key player in the telecommunications infrastructure industry marked a significant stride in its dedication to Corporate Social Responsibility (CSR) in 2023. The company’s commitment to enriching underprivileged communities, particularly in areas with limited access to grid power, culminated in the successful execution of the Tower to Community (T2C) initiative. The visionary project, centered in Tehsil Kabir Wala, Multan, not only supplied clean energy to adjacent households but also set a benchmark in integrating sustainable energy practices with societal up-liftment.
PTCL Group’s strong operational performance during 2023 Posts highest ever revenue
PTCL Group, Pakistan’s leading telecom and ICT services provider has achieved a double-digit revenue growth of 25.8% during the financial year 2023. PTCL Group has maintained its strong performance, strengthening its status as Pakistan’s top integrated telecom service provider. Pakistan Telecommunication Company Limited (PTCL), posted 15.4% growth in its revenues, owing to its strong performance in both retail and business segments, whereas Ufone achieved 25.6% growth in its revenues. The Group’s subsidiary, U Microfinance Bank, kept a strong momentum and posted 76.5% revenue growth during 2023.
SECP prescribes fit, proper criteria for key corporate executives
The Securities and Exchange Commission of Pakistan (SECP) has prescribed fit and proper criteria for key executives of corporate restructuring Companies.
SBP revokes three exchange companies’ licenses
State Bank of Pakistan (SBP) revoked the foreign exchange licenses of M/s AA Exchange Company (Pvt.) Limited, M/s Glaxy Exchange Company (Pvt.) Limited and M/s Al-Hameed International Money Exchange (Pvt.) Limited.
Learn360 LMS Takes Center Stage at Prestigious EdTech Event #Bett2024 in London
Learn360, a leading provider of Learning Management Systems (LMS), made waves at the Bett 2024 education technology conference in London, UK, earlier this month. Learn360 not only showcased its award-winning platform to an international audience but also forged key partnerships and secured new business opportunities, setting the stage for its global expansion.
Pakistan’s services export reach $3.76 Billion in first half
Pakistan earned $3,765.97 million by exporting various services during the first half of the current fiscal year 2023-24. The services’ imports into the country increased by 25.50 percent by going up from $4,140.42 million during the first six months of current fiscal year.
Workers’ remittances recorded an inflow of US$2.4 billion during Jan 24
Workers’ remittances recorded an inflow of US$2.4 billion during Jan 24.