Islamabad, August 4, 2023 – Pakistan is facing an alarming surge in the prices of essential consumer items, with a staggering 30% increase Year on Year (YoY) by the week ended August 3, 2023.
(more…)Author: Mrs. Anjum Shahnawaz
-
President Alvi Directs UBL to Refund Defrauded Amount and Address Online Fraud Concerns
Islamabad, August 4, 2023 – President Dr. Arif Alvi has taken a significant step to protect banking customers and combat online fraud in Pakistan.
(more…) -
Pakistan and Iran Aim to Increase Bilateral Trade to $5 Billion in Five Years
Pakistan and Iran on Thursday, August 3, 2023 unveiled a comprehensive five-year trade cooperation plan with the aim of increasing bilateral trade to $5 billion, as the two countries seek to enhance economic ties and collaboration.
(more…) -
Section 7E Compliance Halts Property Transactions in Pakistan
The implementation of the mandatory requirement to comply with section 7E payment has brought property documentations across Pakistan to a near halt.
(more…) -
Government Extends 35% Increase in Salary to Corporation Employees
Islamabad, August 3, 2023 – In a significant move, the federal government has extended the 35 percent increase in salary, previously announced for all federal government employees in the budget 2023-24, to employees of autonomous and semi-autonomous bodies as well as corporations.
(more…) -
Pakistan Weather Update for August 3, 2023
The Pakistan Meteorological Department (PMD) has issued a weather forecast for August 3, 2023, indicating that the country will experience hot and humid conditions in most areas.
(more…) -
Amjad Zubair Tiwana Appointed as New FBR Chairman
Islamabad, August 2, 2023 – The federal government has made a significant appointment by selecting Amjad Zubair Tiwana as the new Chairman of the Federal Board of Revenue (FBR), the apex tax agency in Pakistan. This decision was conveyed through an official notification issued by the Establishment Division.
(more…) -
Pakistan and Barrick Gold Seal Historic Agreement for Reko Diq Project Earnings in PKR
Islamabad, August 2, 2023 – In a significant development for the Reko Diq project, Pakistan and the Barrick Gold Corporation have reached an agreement to pay the government’s share in Pakistani rupees (PKR) for the investment in the project.
(more…) -
Monsoon Rains Predicted to Continue in Upper Parts of Pakistan from August 2
Islamabad, August 2, 2023 – The Pakistan Meteorological Department (PMD) has issued a weather advisory indicating that the upper parts of the country will experience more monsoon rains from August 2, 2023.
(more…) -
PM Sharif Defends Massive Hike in Petroleum Prices
Islamabad, August 1, 2023: Prime Minister Shehbaz Sharif on Tuesday said that the surge in the international market compelled the government to raise petroleum prices with a heavy heart.
(more…)