Islamabad, July 25, 2019: Government of Pakistan (GOP) conducted first Pakistan Investment Bonds (PIBs) auction yesterday after signing IMF program, wherein tenor wise the govt. collected Rs120 billion, Rs55 billion and Rs25 billion in 3-year, 5-year and 10-year bonds at cut-off rates of 14.25 percent, 13.8 percent, and 13.55 percent respectively. According to Topline report,…
Islamabad, July 18, 2019: The fertilizer industry has asked the federal government for immediate settlement of GIDC. The fertilizer industry, in order to prevent an adverse situation that could cause Government serious problems, has been providing its major contribution towards the employment and the national exchequer. It fully supports the Government nonetheless anticipates that to…
Karachi, July 17, 2019: Panic gripped among the customers and stakeholders of the two banks — Sindh Bank and Summit Bank — as the government ministers imposed allegation on the banks declaring them as Benami Banks developed purposefully for exercising money laundering. Customers of the two banks are getting worried from the serious level allegation…
Karachi, July 03, 2019: Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) appreciated the Government decision for releasing exporters’ refunds pertaining to Drawback of Local Taxes and Levies (DLTL) amounting to Rs. 35 billion which were a long demand of FPCCI. He indicated that the payment of…
Islamabad, July 03, 2019: Minister for Science and Technology Chaudhry Fawad Hussain Wednesday said that the government was committed to upgrading the Pakistan Museum of Natural History (PMNH) to educate and make people aware through the dimension displays and dioramas. Addressing the participants of 15-day International Training Workshop ‘Design, Survey and Analysis of Wildlife Populations,…