Terming the privatisation of Pakistan International Airlines (PIA) a “success for Pakistan”, renowned industrialist Arif Habib, the Chief Executive of Arif Habib Corporation Limited, on Tuesday said the transaction would help restore investor confidence and pave the way for fresh investment in the country. Speaking after the conclusion of the privatisation process, Habib said PIA carried a stro
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has stated that Pakistan has reached a critical turning point where macroeconomic stability, sustained reforms and policy continuity are restoring confidence, shifting the economy from stabilisation to export-led growth, opening new horizons for domestic and global investors, and positioning the country for sustainable, long-term
The National Board of Revenue Bangladesh, the country’s tax agency, and the Federal Tax Ombudsman (FTO) of Pakistan have agreed to work together in the areas of tax dispute resolution, taxpayer facilitation and a conducive tax environment for trade and investment. A delegation from the National Board of Revenue (NBR), Bangladesh, called on the Federal Tax Ombudsman (FTO), Zafar-ul-Haq Hijazi, a
Gold prices in Pakistan increased on Wednesday in line with their gain in the international market. In the local market, gold price per tola reached a fresh all-time high of Rs472,862 after a gain of Rs2,000 during the day. Similarly, 10-gram gold was sold at Rs405,402 after it increased by Rs1,714, according to rates shared by the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).
The Pakistan Stock Exchange (PSX) kicked off trading on a positive note, with the benchmark KSE-100 Index gaining over 200 points during the opening minutes on Tuesday. At 9:40am, the benchmark index was hovering at 171,451.44, an increase of 247.27 points or 0.14%. Buying interest was observed in key sectors, including automobile assemblers, commercial banks, fertiliser, oil and gas explora