August 2019 CPI clocked in at 10.5 percent
KARACHI: As per press release issued by Pakistan Bureau of Statistics (PBS), CPI inflation in August 2019 stood at 10.5% YoY (with new base year) while recorded 11.6% growth on…
Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: As per press release issued by Pakistan Bureau of Statistics (PBS), CPI inflation in August 2019 stood at 10.5% YoY (with new base year) while recorded 11.6% growth on…
ISLAMABAD: Government of Pakistan has received US$ 224.6 million from two cellular companies respectively as their licence renewal fee, says a press statement issued by the Ministry of Finance. According…
KARACHI: JS Global Capital Limited (JSGCL), Pakistan’s leading equity brokerage and investment banking firm is organizing an investment conference titled ‘Pakistan Investment Conference 2019 (PIC-2019)’. This consultation will be held…
KARACHI: Governor State Bank of Pakistan (SBP) Reza Baqir has said the interest rates would remain high until and unless projected inflation comes down. “Monetary policy is a tool that…
KARACHI: HysabKytab Pvt. Ltd. has partnered with Commissioner Karachi as part of kick starting their emergency platform, Siren App. The partnership was commemorated through a brief contract signing ceremony held…
KARACHI: Pakistan’s overall electricity generation surged 3.0 percent to 14,231 Gwh in July 2019 as against 13,751 Gwh in the corresponding period last year, data released by the National Electric…
ISLAMABAD: Songuo, a company of South Korea, which specializes in manufacturing batteries, has offered Pakistan for setting up charging infrastructure in Pakistan in the wake of ambitious EV policy by…
ISLAMABAD: Board of Investment (BOI) has designed a digital regulatory system to keep a check on electronic business transactions. “A digital Business Regulatory Mapping Portal has been designed to ensure…
SINGAPORE: AM Best has downgraded the Financial Strength Ratings (FSR) of insurance companies in India including United India Insurance Company Limited, National Insurance Company Limited and Oriental Insurance Company Limited.…
Karachi: Lucky Cement Limited (PSX: LUCK) has won the Best Corporate Report Award with second position in the cement category at the much anticipated “Best Corporate & Sustainability Report Awards…
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed its concerns over the proposal sent by Ministry of Commerce to Prime Minister for transferring the recently…
Karachi: Pak-Qatar Family Takaful Limited (PQFTL) has announced the distribution of 28 percent surplus among its Individual Family Takaful Participants (Direct Sales Force-DSF) for the year 2018. With this declaration…
Karachi: BASF is collaborating with the Department of Plant Protection (DPP) and the Department of Agriculture Extension to increase safety awareness of locust control in Sindh and Punjab provinces. BASF…
KARACHI: Pakistan Automotive Manufacturers Association (PAMA) published monthly automobile sales data for July 2019 where passenger car sales in the country plummeted 42%YoY/26%MoM to 10,968 units during the month. Trucks…
KARACHI: In pursuance of the announcement by the Government of Sindh, a NED University campus under the name of Thar Institute of Engineering, Sciences and Technology (TIEST) is being setup…
KARACHI: All candidates of Businessmen Group (BMG) have been elected unopposed for the Managing Committee of Karachi Chamber of Commerce & Industry (KCCI) for the year 2019-21. According to details,…
FRANKFURT: Messe Frankfurt, the largest player in the German trade fair industry is setting a new record of around €718 million sales in 2019, newsnreleases.com reported. Messe Frankfurt has 30…
ISLAMABAD: The federal cabinet Friday approved appointment of eminent financial sector professional Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP). Aamir has been working as…
ISLAMABAD: Ministry of IT will jointly work with Huawei for enhancement of national ICT plan and e-governance initiatives to improve governance and public service delivery in Pakistan. On the directions…
ISLAMABAD: Italy and Pakistan have signed a agreement for Economic Transformation Initiatives, Gilgit-Baltistan amounting to 20.5 million euro. This is 28 years facility with 10 years of grace period and…