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PSBA Raises Concerns Over Tax Amendment’s Impact on Stock Market

07-Jan-2025
The Pakistan Stockbrokers Association (PSBA) has raised concerns regarding the potential negative impact of a proposed tax amendment on the stock market and investors. In a letter to Senator Aurangzeb...
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PSBA Raises Concerns Over Tax Amendment�s Impact on Stock Market

UAE Rolls Over $2 Billion Loan: PM Shehbaz Shares Economic Outlook

07-Jan-2025
Prime Minister Shehbaz Sharif announced on Tuesday that the United Arab Emirates (UAE) has agreed to roll over a $2 billion loan originally due in January.During the federal cabinet meeting, the prime...
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UAE Rolls Over $2 Billion Loan: PM Shehbaz Shares Economic Outlook

PPL Finalizes Settlement with Iraqi Midland Oil Company

06-Jan-2025
Pakistan Petroleum Limited (PPL) has confirmed that its subsidiary, PPL Asia E&P B.V. (PPLA), has received $6 million from Midland Oil Company (MdOC), an Iraqi state-owned enterprise, as part of a...
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PPL Finalizes Settlement with Iraqi Midland Oil Company

Suhail Jute Mills Faces Revival Challenges Amid Funding and Land Sale Delays

06-Jan-2025
Suhail Jute Mills Limited (PSX: SUHJ) continues to face significant obstacles in securing working capital and settling creditor liabilities, delaying the restart of its commercial operations.As detail...
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Suhail Jute Mills Faces Revival Challenges Amid Funding and Land Sale Delays

SBP Amendment Bill: A Game-Changer in Pakistan’s Financial Landscape

06-Jan-2025
The passage of the State Bank of Pakistan (SBP) Amendment Bill on January 28, 2022, was far from smooth. Approved by a razor-thin margin of just one vote (43 in favor, 42 against), the bill faced fier...
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SBP Amendment Bill: A Game-Changer in Pakistan�s Financial Landscape

IMF Rejects Pakistan’s Request, Demands Gas Levy on Captive Power Plants

06-Jan-2025
The International Monetary Fund (IMF) has declined Pakistan’s request to revise a critical structural benchmark under its $7 billion Extended Fund Facility (EFF), according to Dawn. The IMF has insist...
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IMF Rejects Pakistan�s Request, Demands Gas Levy on Captive Power Plants

FBR Highlights Disparities in Tax Compliance for FY 2023-24

06-Jan-2025
The Federal Board of Revenue (FBR) has expressed concern over significant disparities in tax compliance during the fiscal year 2023-24, particularly noting a stark contrast between income tax and sale...
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FBR Highlights Disparities in Tax Compliance for FY 2023-24

Deadline Extended for Vehicle Dues: A Relief for Owners

06-Jan-2025
In an effort to support vehicle owners and provide them with greater flexibility, authorities have decided to extend the deadline for clearing outstanding dues, according to a recent press release. Th...
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Deadline Extended for Vehicle Dues: A Relief for Owners

Government Orders Shutdown of INGOs, Sindh Plans School Transfers

04-Jan-2025
The federal government has ordered two international non-governmental organizations (INGOs), “Vital Strategies” and the US-based “Campaign for Tobacco-Free Kids,” to cease operations due to alleged un...
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Government Orders Shutdown of INGOs, Sindh Plans School Transfers

PSX Maintains Bullish Momentum Amid Optimistic Market Sentiment

04-Jan-2025
The Pakistan Stock Exchange (PSX) is poised to maintain its upward trend, as falling fixed income yields are expected to prompt a shift of funds from fixed income to equities, according to a report by...
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PSX Maintains Bullish Momentum Amid Optimistic Market Sentiment
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