Karachi: The government has announced the abolition of the Super Tax for companies with exports exceeding 80% of their total turnover, a move expected to positively impact several export-oriented firms. This decision is part of the Finance Bill for th…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the entity rating of Trans World Enterprise Services (Pvt.) Limited, reflecting the company’s bolstered position in Pakistan’s competitive fixed broadband and Fiber-to-the-Home (F…
Karachi: OPPO Pakistan and Ufone/PTCL Group have signed a Strategic Partnership Agreement to drive advancements in 5G technology and enhance nationwide connectivity. This collaboration aims to accelerate the adoption of 5G-ready devices and reshape te…
Islamabad: The Export-Import Bank of Pakistan (Pak EXIM) has maintained its entity ratings, reflecting its stable financial standing as it pursues strategic partnerships to bolster Pakistan’s export sector. The bank’s efforts include alliances with do…
Karachi: The KSE-100 index experienced a day of volatility, ultimately closing 779 points lower at 177,693, despite having reached an intraday high of 934 points. The session saw an increase in market participation, with trading volumes rising by appr…
Karachi: The KSE-100 index experienced a significant decline, closing at 177,693 points, a drop of 779 points from the previous day. Trading volumes were recorded at 765 million shares, a decrease from the 807 million shares traded earlier. The market…