Foreign investors operating in Pakistan are calling on the country to abolish the withholding tax on telecom services.
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Pakistan directs dealers to reduce car prices after regulatory duty removal
Pakistan has issued a stern warning to car dealers, urging them to reduce the prices of imported vehicles following the removal of regulatory duty.
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Pakistan set to announce petroleum prices for second half of May 2023
Pakistan is eagerly anticipating the announcement of new petroleum prices for the second half of May 2023, scheduled to be made on May 15.
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Rupee may stay stable against dollar after massive bloodbath
After going through very volatile sessions due to political unrest, the Pakistani Rupee (PKR) is likely to stay stable against the dollar during the next week starting May 15, 2023.
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Pakistani Rupee surges with historic single-day recovery of PKR 13.85 against dollar
The Pakistani Rupee (PKR) experienced a momentous rebound on Friday, recording a historic single-day recovery of PKR 13.85 against the dollar in the interbank foreign exchange market’s closing rates.
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Pakistan’s telecom sector faces billions in losses as internet suspension takes toll
Pakistan’s telecom sector has experienced a significant blow with financial losses amounting to Rs2.46 billion due to the suspension of broadband internet services over a three-day period.
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PKR stages remarkable recovery, surging to 285 against dollar in early trading
In early trade, the Pakistani Rupee (PKR) achieved a historic recovery against the dollar, strengthening by 13.93 and trading at PKR 285 in the interbank foreign exchange market.
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Pakistan’s economy grapples with stagflation: IMF
In the face of a challenging economic situation marked by stagflation, severe floods, and substantial financing needs, Pakistan has actively engaged with the International Monetary Fund (IMF) to address these pressing issues.
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Latest data show Pakistan’s foreign exchange reserves drop to $9.99 billion
Pakistan’s foreign exchange reserves have witnessed a decline, reaching $9.99 billion by the week ending May 5, 2023, according to the latest data released by State Bank of Pakistan (SBP).
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Supreme Court declares arrest of Imran Khan Illegal
In a groundbreaking decision, the Supreme Court of Pakistan has declared the arrest of former Prime Minister Imran Khan as illegal.
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