Regal Automobiles Industries Limited has planned to get listed at Pakistan Stock Exchange (PSX) to generate funds of around Rs. 800 million for setting up set up an assembly line for the manufacturing of electric cars in Pakistan.The company will float…
RCCI International Chambers Summit 2022 Stresses Promotion of Industries
The two-day International Chambers Summit 2022 ended on Wednesday with an emphasis on the need for industrialization and the creation of economic zones.The summit was organized by the Rawalpindi Chamber of Commerce and Industry (RCCI) and the President…
PSW Introduces New Feature for Subscription of Companies with Foreign Members
Pakistan Single Window (PSW) has introduced a new feature to enable the subscription of companies having only foreign nationals as directors.The new functionality allows both local and foreign-owned companies that do not have a Pakistani national as “D…
FBR Begins Budget Preparation Exercises for FY23
Starting its budget preparation exercises for the fiscal year (2022-23), the Federal Board of Revenue (FBR) has sought customs-related proposals from all the Chambers of Commerce and Industry by March 31, 2022.In this regard, FBR has issued a letter to…
Govt Set to Pass Mini-Budget Tomorrow
The Pakistan Tehreek-e-Insaf (PTI)-led coalition government has finalized the preparations to get the Finance (Supplementary) Bill, 2021 passed from the National Assembly on Thursday.Talking to media, Advisor to Prime Minister on Parliamentary Affairs…
Rupee Posts Big Gains Against the US Dollar Following World Bank’s Projections
The Pakistani Rupee (PKR) posted gains against the US Dollar (USD) for the second consecutive day in the interbank market today. It gained 40 paisas against the greenback after hitting an intra-day high of Rs. 175.87 against the latter during today’s o…
Finance Ministry Concerned About Increase in Sugar Prices
National Price Monitoring Committee (NPMC) of the Ministry of Finance has expressed concerns about the marginal increase in sugar prices across various cities during a recent meeting. Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, preside…
EU GSP+ Review Mission to Visit Pakistan Next Month
An EU mission, the panel was informed, will visit Pakistan in February in connection with the extension of Good Governance and Sustainable Development (GSP Plus) status. It will monitor the situation of human rights, women rights, minority rights, labo…