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HeadlinesAll four entities issued fake invoices totaling Rs10 billion without fulfilling tax obligations and were also unlawfully registered in the CTO in Islamabad
HeadlinesSLG aims to sell 63 million shares and the proceeds will primarily be used to reduce the company's debt
HeadlinesThe move is expected to address the estimated annual economic loss of $40 million attributed to the unregulated space sector
AutomobileBYD sold 526,400 EVs in the last three months of 2023, beating Tesla’s record of 484,500 deliveries during the same period
HeadlinesThe Independent Evaluation Department (IED) report lauded the projects, funded at $590 million, as relevant, effective, and successful.
HeadlinesThe latest increase of Rs2.87 per unit is part of a quarterly tariff adjustment (QTA) for the period of January to March 2023.
HeadlinesThe bonds, which almost doubled in value in 2023, are still attractive to investors who see Pakistan as a high-yield emerging market: Bloomberg
HeadlinesIMS Engineering (Pvt) Limited paid Rs1.4 billion for the 96.6% shares in the HEC and also took over additional liabilities of Rs752 million payable to the Bank of Khyber
HeadlinesProvinces will also share the cost of fertiliser subsidy and Benazir Income Support Programme funding
HeadlinesGlobal lender’s board will meet on January 8, 10 and 11
HeadlinesAmid a substantial financial crisis and payment delays, PIA relies on SBP's PR-8 relaxation to normalize income treatment, enabling commercial banks to extend loans
Economy