President & Chief Executive Officer Engro Corporation Limited, Mr. Ghias Khan, has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2022 term.This was announced at the 162nd Annual General Meeting o…
The government is planning to import 500,000 tonnes of petrol and around 250,000 tonnes of diesel next month to fulfill the country’s demand.Estimates show that the demand for petrol in Pakistan will be 712,500 tonnes in February 2022, with the demand …
The Federal Board of Revenue (FBR) is measuring up a new set of rules to restrict foreign currency outflow, such as foreign currency declarations at customs stations, airports, and seaports, among other things.According to Business Recorder, the tax re…
The Pakistani Rupee (PKR) is persisting with its positive run against the US Dollar (USD) and posted gains in the interbank market today. It gained five paisas against the greenback after hitting an intra-day low of Rs. 176.95 against the USD during to…
The cold weather severely impacted the business and industrial activities in Karachi, the commercial hub of Pakistan, as it witnessed the suspension of gas supplies for the past 100 days, adversely affecting the fresh investment of $3 billion in variou…
Mainly cold and dry weather is likely to prevail in most parts of the country during the next twelve hours.However, rain with light snowfall over mountains is expected at isolated places in upper Khyber-Pakhtunkhwa, Gilgit Baltistan, Kashmir and its ad…
