Islamabad: The latest figures from the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling rates of major currencies over the past two days. The US dollar, Euro, British pound, Japanese yen, UAE dirham, and Saud…
Day: July 20, 2024
PM Shehbaz Sharif Orders Acceleration of FBR Digitization in Wake of Tax Fraud Discovery
Islamabad: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to hasten its digitization process and reform the tax system following the exposure of a significant tax refund fraud amounting to 800 billion rupees. The prime mi…
KATI President Demands Major Reforms in Pakistan’s Power Sector
Karachi: In a passionate plea for change, Johar Qandhari, President of the Korangi Association of Trade and Industry (KATI), has called for sweeping reforms in Pakistan’s power sector. During an emergency press conference, Qandhari demanded a significa…
Electricity Rates and IPP Payments Challenge Pakistan’s Business Viability, FPCCI Leader Warns
Karachi: Business operations in Pakistan face an unprecedented challenge due to the high costs of electricity, exacerbated by hefty payments to independent power producers (IPPs) that drain the national treasury, Mian Zahid Hussain, Chairman of the FPC…
Gohar Ejaz Takes Helm of Economic Policy and Business Development Think Tank
Islamabad: Gohar Ejaz, former Caretaker federal minister for Commerce and Industries, has been elected as the Chairman of the Economic Policy and Business Development Think Tank. The announcement came during a ceremony where S.M Tanveer, Patron-in-Chie…