KARACHI: Pakistan Telecommunication Company Limited (PTCL) Group’s revenue for the year 2018 has grown YoY by 8 percent to Rs126.2 billion as a result of positive contribution by all group companies.
(more…)Month: February 2019
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FBR withdraws additional customs duty on raw materials
Islamabad – The Federal Board of Revenue (FBR) has withdrawn additional customs duty on various imported raw materials.
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ECC approves Rs5.6 bn for grounded PIA planes
ISLAMABAD: The Economic Coordination Committee of (ECC) the Cabinet on Tuesday approved additional guarantees to Pakistan International Airlines Company Limited (PIACL) of Rs 5.6 billion for repair and maintenance of engines and acquisition of related spare parts for operationalizing grounded planes.
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Port Qasim Authority praised for successful handling LNG ships
Islamabad – Federal Minister for Maritime Affairs, Syed Ali Haider Zaidi, commended the Port Qasim Authority on Tuesday for its strategic management in handling the docking of LNG ships at berths. Zaidi emphasized that this proactive approach has played a crucial role in mitigating the impending gas crisis.
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Production activities halt on gas shortage: FPCCI
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that manufacturing activities have been halted due to gas shortage in the country.
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KSE-100 index gains 270 points amid selling pressure
The benchmark KSE-100 index at the Pakistan Stock Exchange (PSX) demonstrated resilience by gaining 270 points on Tuesday, closing at 40,596 points compared to the previous day’s 40,326 points.
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Rupee gains two paisas amid foreign inflow hopes
The Pakistani Rupee (PKR) exhibited a marginal gain of two paisas against the US Dollar on Tuesday, closing at Rs138.92 in the interbank foreign exchange market.
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CDC launches electronic voting service for companies
The Central Depository Company (CDC) of Pakistan has taken a significant leap towards modernizing shareholder engagement with the launch of an electronic voting service.
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FBR notifies removal, reduction of RD on raw materials
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified elimination and reduction of regulatory duties on import of various raw materials used by manufacturing sector.
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Rupee recovers against dollar in early trading
The Pakistani Rupee (PKR) showed signs of resilience as it recovered six paisas against the US Dollar in early trading on Tuesday, marking a positive shift in the foreign exchange market, according to dealers.
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