HeadlinesFBR reverses restriction on carrying more than one mobile phone
FBR also revokes amendment to classify imports above $1,200 as trade items
Dec 10, 2024
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Headlines
World Business NewsBank of England to cut rates to 3.5% by 2026, economists predict
Recent insights indicate potential interest rate reduction from the Bank of England as inflation worries loom large
Dec 10, 2024
HeadlinesSBP directs banks to replace OTP with TPIN for digital transactions
The measures aim to strengthen digital payment security
Dec 10, 2024
HeadlinesSazgar's four-wheeler sales decline 41.72% month-on-month in November
Three-wheeler sales drop 17.7%, and production falls 14.6% from October
Dec 10, 2024
HeadlinesOGRA permits export of 40,000MT furnace oil amid surplus stock
Cnergyico to export in two consignments; domestic demand declines sharply
Dec 10, 2024
World Business NewsWarner Bros Discovery partners with Comcast for multi-year streaming deal
Warner Bros Discovery plans to sell Max directly to customers in Europe, alongside bundling it with Sky services in over 10 million homes
Dec 10, 2024
HeadlinesPakistan explores Saudi oil facility, IsDB financing to address IMF concerns
Islamabad seeks up to $1.2 billion ITFC loan, SOF extension from Riyadh
Dec 10, 2024
HeadlinesGovt revises profit rates on National Savings Schemes
Savings Account slashed by 250 bps, Regular Income profit trimmed to 12.1%; Serwa accounts see 72 bps reduction
Dec 10, 2024
Headlines84 Pakistani textile mills blacklisted by ICA for defaulting on cotton deals
Mills banned from international cotton markets; Crescent Fibres, Mausummery Lawn, Din Industries among banned factories
Dec 10, 2024
HeadlinesReko Diq project targets financial close by June 2025
ADB guarantee, legal amendments, and feasibility study in focus
Dec 10, 2024
HeadlinesRs11bn fraud probe against cement firms shelved due to transfer of FBR’s investigating officers
Investigations into fake coal purchase invoices and input tax adjustments halted after the sudden transfer of key investigating officers from the Internal Audit department to different cities
Dec 10, 2024
HeadlinesGovt to sell PIA’s Precision Engineering Complex to Pakistan Air Force for Rs6.5bn
PAF to pay Rs2.5 billion in cash, take over employee-related liabilities and pension
Dec 10, 2024