Moody’s Investors Service has raised Pakistan’s banking sector outlook from ‘negative’ to’stable’, noting lessening macroeconomic problems and budgetary constraints. In its assessment, the agency emphasized banks’ strong profitability and consistent…
On Wednesday, a high-level team from Saudi Arabia’s Al Ajlan Holding Group visited the Special Investment Facilitation Council (SIFC). Led by His Excellency The trip was led by Mohammed Bin…
The Contractors Association of Pakistan (CAP) criticized the 11 percent service tax levied on contractors’ invoices for the Education Works Department. The services tax is deducted at a rate of…
Gold prices in Pakistan rose sharply on Friday, resulting in a significant increase in the cost of gold. The price of 24-karat gold has risen by Rs1300, to Rs212,400 per…
On Wednesday, the Economic Coordination Committee (ECC) authorized a 25% sales tax on domestically built automobiles, inflicting a blow to customers who were already grappling with inflation. The committee’s meeting…
KARACHI: As domestic mobile phone manufacture continues to replace imports in Pakistan, the South Asian country plans to export $500 million in smartphones over the next two years and $5…
Justice (retd) Maqbool Baqar, the caretaker Chief Minister (CM) of Sindh, has inaugurated the e-Pay Sindh program, which includes digital payments, e-services, e-registration, e-mutation, e-pay, and the Industrial Estate Management…
