FLASHNEWS:

Category: Business

Government Lifts Levy Cap Amid Rising Oil Sales

Karachi: In a notable development for the oil market, the Oil Marketing Companies (OMCs) have reported a significant increase in sales, with volumes reaching 1.5 million tons in April 2025, marking a 32% year-on-year and 20% month-on-month increase. T…

State Bank of Pakistan Provides Overnight Lending Data

Karachi: The State Bank of Pakistan released data on its overnight repo and reverse repo facilities, providing insights into the country’s financial liquidity landscape. On May 5, 2025, one institution accessed the SBP’s overnight repo facility, borro…

Currency Exchange Rates in Pakistan Show Slight Fluctuations

KARACHI: The Exchange Companies Association of Pakistan released the latest foreign currency exchange rates, indicating slight fluctuations across several currencies compared to previous figures.

The US dollar is now trading between 281.46 and 282….

Over Rs42b Tax Revenue Collected in KP

Peshawar: The Khyber Pakhtunkhwa Revenue Authority has successfully collected over forty-two billion rupees in tax revenue during the last ten months of the current fiscal year.

According to Radio Pakistan, the collected tax revenue exceeds the targ…

Chinese Delegation Explores New Economic Ventures with Pakistan

LAHORE: In a move poised to enhance economic ties between Pakistan and China, a top-level Chinese business delegation visited the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). The meeting, held on Monday, brought together senior repr…