FLASHNEWS:

Category: Business

PVMA Appeals for Tax Reform to Aid Edible Oil Sector

Karachi: Sheikh Umar Rehan, the Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has called on the federal government to abolish Section 8B of the Sales Tax Act for the ghee and cooking oil industry in the upcoming budget. He addre…

Global Currencies Experience Fluctuations in Pakistan Market

Karachi: The Exchange Companies Association of Pakistan has released new data showing fluctuations in foreign currency exchange rates as of May 20, 2025. The report provides insights into the buying and selling rates for several major currencies, refl…

K-Electric’s New Sukuk Initiative Targets Karachi Consumers

KARACHI: K-Electric Limited, the sole vertically integrated power utility in Pakistan, is launching its first Retail Listed Short-Term Utility Sukuk to address short-term liquidity challenges while reinforcing its commitment to Karachi’s energy needs….