General Tyres to set up $300m Faisalabad plant
CEO urges FBR to ensure that no tyre is sold in the market without proper documentation
KARACHI: General Tyre and Rubber Company of...
Pakistan recorded non-resident equity flows of +$14 million in January: IIF
January exhibited a rebound in net non-resident portfolio flows to emerging markets and IIF estimates that EM securities attracted $51.1 billion of foreign capital in January, the highest level in twelve months
Govt jacks up property valuation rates by average 20%
This step will allow the government to rake an additional Rs5 billion in tax revenues in the last five months (Jan-Jun) of the current financial year 2018-19
China agrees to provide $2.5 billion loan to bolster foreign exchange reserves
This follows the previous $2 billion loan provided by China at the end of July last year to bolster foreign exchange reserves and it has come out as the country’s biggest economic rescuer in the past five years
Kia Lucky Motors targeting commercial production by 1st quarter FY19-20
KLM has opened company owned /third-party operated dealerships in some of the metro cities of Pakistan
PM inaugurates ‘Pakistan Banao Certificate’ scheme for overseas Pakistanis
PM vows that under his government, the Pakistani diaspora will feel proud to hail from the country
Says an IMF bailout...
SBP hikes key interest rate by 25 basis points to 10.25%
Challenges to Pakistan’s economy persist despite narrowing as the current account deficit remains high, the fiscal deficit is elevated, and core inflation remains continuingly high, said SBP
Toyota runs campaign against ‘own money’ premium on cars
Toyota is one of the first auto companies to move towards the eradication of premium or ‘own money’ after the government’s stance of declaring the practise illegal
‘Govt envisions Pakistan among world’s top 50 economies in 5 years’
PM's advisor says govt working on simplifying the taxation system and visa regime for businessmen
BOI chief says dedicated business units...
Govt mulls cancelling ‘own money’ on purchase of new vehicles
PM's advisor says govt is chalking out a plan to cancel the registration of dealers who are involved in this illegal...
Another round of talks between Pakistan, IMF ends ‘fruitless’
IMF demands further devaluation of rupee, increase in tax collection as well as interest rate
Another round of talks between Pakistan and...
UBL’s New York branch surrenders license, concludes voluntary liquidation
In November, UBL had announced it would voluntarily liquidate and surrender its banking license in New York as per the applicable rules and regulations
How to fix the Pakistani economy
Profit speaks to five of the nation’s top experts on what the government should do in order to get the economy humming again
All you wanted to know about how to build your own Pakistani e-commerce business (but didn’t know who to ask)
A top executive at one of the leading e-commerce companies in Pakistan breaks down the contours and possible future path of the industry
Pakistan does not have a billion-dollar software company. Meet the man who wants to change that
Amir Wain is building i2c into a SaaS powerhouse that is rapidly turning into one of the country’s largest software exporters