Pakistan Revenue
BEIJING: China has done its utmost to help Pakistan stabilize financial situation, said Chinese Foreign Ministry Spokesperson, Zhao Lijian on Monday and added his country will continue to do so in the future. “China and Pakistan are all-weather strategic cooperative partners. We have been supporting each other for common development and in joint efforts to […]
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Sazgar Engineering Works Limited launched the Haval H6 SUV in Pakistan, which is the hybrid electric vehicle. The company introduced the SUV in two variants, 1.5T and 2.0T. The company launched the Haval H6, with the ex-factory price of Rs9,749,000. The booking price of the car is Rs1,900,000. The SUV adopts miller cycle, electronic water […]
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ISLAMABAD: Prime Minister Shehbaz Sharif on Monday whished the Hindu community in the country on their festive occasion of Diwali. “Wishing the Hindu community in Pakistan and around the world on Diwali, the festival of lights,” the prime minister said in a tweet. The prime minister wished for Diwali to become a source of peace […]
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Financial Action Task Force (FATF) on Friday decided to remove Pakistan from grey list after the country made compliance with the conditions. FATF is the world’s money laundering and terror-financing watchdog. It said that Pakistan has been removed from the grey list and is no longer subject to its increased monitoring process. The Paris-based inter-governmental […]
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Plenary meeting of the FATF ends on Friday and a decision regarding Pakistan, whether to remove from grey list or not, is expected to be announced. “We expect Pakistan to be taken off the grey list by the FATF amid the progress Pakistan has made so far against money laundering and terrorist financing (AML/CFT) in […]
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ISLAMABAD: Finance Minister Mohammad Ishaq Dar on Wednesday said there was no question of Pakistan going into default as the same had been averted, though at a very high political cost. “I want to give a message to markets through this conference… no need to get nervous, we are back to business, Insha’Allah we will […]
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KARACHI: Uber announced to halt operations in Karachi, Multan, Faisalabad, Peshawar and Islamabad. The subsidiary brand of Uber, Careem will continue to operate in these cities. The Uber services will be continued in Lahore. The press release issued by Uber stated that we have made the decision to no longer operate the Uber App in […]
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SINGAPORE: Moody’s Investors Service on Thursday downgraded the government of Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to Caa1 from B3. The global rating agency also downgraded the rating for the senior unsecured MTN programme to (P) Caa1 from (P)B3. The outlook remains negative. It said that the decision to downgrade […]
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KARACHI: Lucky Cement Limited (PSX: LUCK) won the Management Association of Pakistan’s Corporate Excellence Award in the Cement Sector category.
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ISLAMABAD: While transitioning from the exam-centred to learning based approach, the Ministry of Federal Education & Professional Training’s (MoFEPT) STEAM Pakistan program is focused on improving conceptual understanding and analytical skills of school children across the country, with a specific focus on girls’ education. Launched in early 2022, the program has already started its interventions […]
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