The Oil Companies Advisory Council (OCAC) has unveiled alarming figures, revealing that smuggled petroleum products are inflicting a staggering loss of $35.6 million on Pakistan’s economy every month.
(more…)Category: Pakistan
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Pakistan Amends Policy for Importing New Vehicles
Islamabad, March 25, 2024 – Pakistan has introduced amendments to the policy governing the import of new motor vehicles into the country, signaling significant changes in regulations.
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Gold and Silver Prices in Pakistan on 25 March 2024
The latest prices for gold and silver in Pakistan, as of 5:50 AM on 25 March 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
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Qatar Aims to Expand Presence in Energy and Housing Sectors
Islamabad, March 23, 2024 – The Qatar Fund for Development (QFFD) has expressed a strong desire to increase its involvement in Pakistan’s energy and housing sectors, signaling a promising avenue for bilateral cooperation between the two nations.
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Business Tax Integration Expanded Across Pakistan
Karachi, March 23, 2024 – Pakistan has taken a significant stride in integrating business enterprises in real-time through its portal for documenting transactions nationwide.
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Retailers Get Relief from Tax Integration in Pakistan
Karachi, March 23, 2024 – The retail sector in Pakistan is set to receive a significant boost as the Federal Board of Revenue (FBR), the country’s apex tax authority, announced a series of incentives aimed at providing relief to retailers from mandatory online integration with tax authorities.
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PM Shehbaz Vows Economic Recovery in Pakistan Day Message
Islamabad, March 23, 2024 – On the occasion of Pakistan Day, Prime Minister Shehbaz Sharif has pledged to lead the country towards economic recovery and prosperity.
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Latest Petroleum Prices in Pakistan Effective From March 23
The latest petroleum prices in Pakistan from March 23, 2024 are: petrol at Rs 279.75 per liter and high speed diesel (HSD) Rs 285.56 per liter.
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Pakistan Plans $300 Million Panda Bonds Sale in Chinese Markets
Islamabad, March 23, 2024 – Pakistan’s Federal Minister for Finance and Revenue, Muhammad Aurangzeb, revealed intentions to explore Chinese investment avenues by considering the sale of Panda bonds worth up to $300 million, marking the country’s debut in the Chinese bond market.
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Telecom Operators Push for Policy Reforms in Pakistan
Islamabad, March 22, 2024 – Aamir Ibrahim, Chief Executive Officer of Jazz and Chairman of the Telecom Operators Association of Pakistan (TOAP), engaged in a significant meeting with Minister of State for IT and Telecommunication, Shaza Fatima Khawaja, on Friday, advocating for policy reforms to ensure the continued viability of the telecom industry in Pakistan.
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