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Pakistan Consumes Up to 90,000 Kgs of Gold Annually, Says CCP Study
Pakistan’s gold consumption has reached up to 90,000 kilograms annually, with demand valued between $8 billion and $12 billion, according to the Competition Commission of Pakistan (CCP). Despite this massive volume, more than 90 percent of the country’s gold trade…
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Audit Finds Five Countries Owe Pakistan Over Rs86 Billion
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Pakistan is still waiting to recover more than Rs86 billion from five countries that have defaulted on payments for decades, official audit documents reveal. These…
Companies Act 2017 Reforms Target Outdated Corporate Regulations
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A high-level subcommittee has proposed significant Companies Act 2017 reforms to align Pakistan’s corporate laws with international standards. Haroon Akhtar Khan, Special Assistant to the…
World Bank Flags Low Govt Funding for Punjab Water Project
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The World Bank has reported that government financing for the $430 million Punjab Rural Sustainable Water Supply and Sanitation Project is falling short of the…
FBR Sugar Investigation Leads to Suspension of Officials
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The National Assembly’s Standing Committee was briefed on the ongoing FBR sugar investigation, with the tax authority confirming that 14 of its officials have been…
SBP to Stay Closed on August 14
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The State Bank of Pakistan (SBP) will remain closed on Thursday, August 14, 2025, for Independence Day celebrations. The government has declared August 14 a…
Pakistan’s July Remittances Hit $3.21B, Kicking Off FY26 on Strong Note
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Pakistan’s remittance inflows in July 2025 climbed to $3.21 billion, a 7.4% year-on-year rise, according to data released by the State Bank of Pakistan (SBP).…
Digital Bill 2025: Problems and Solutions in Focus
3 min read
Pakistan’s online marketplace has grown rapidly in recent years, driven by e-commerce giants, social media ads, and millions of daily shoppers. However, this boom has…
Mari Petroleum Earnings Drop 16% in FY25
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Mari Petroleum has announced its financial results for FY25, posting a 16% year-on-year decline in earnings, with profit recorded at Rs65.1 billion (EPS: PKR54.25) compared…
Fauji Cement Posts Record Rs13.3bn Profit in FY25
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Fauji Cement Company Limited (FCCL) has reported a record profit of Rs13.3 billion for FY25, marking a 62% year-on-year surge from Rs8.2 billion in FY24.…
Govt Plans Gradual Cut in Super Tax for Manufacturing Sector
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The government is preparing to slash the super tax for the manufacturing sector as part of its new industrial policy, aiming to reduce the rate…
FTO Targets Rs133m Fake Tax Invoices Scam
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The Federal Tax Ombudsman (FTO) has directed the Director General of Intelligence and Investigation (I&I) Inland Revenue to track down cybercriminals who used IP addresses…
US Tariff Cut Opens Door for Higher Pakistan Copper Exports to US
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Pakistan expects a major jump in copper exports to the United States after a new tariff deal and fresh US interest in its mining sector.…
HBL Microfinance Bank and SUPARCO Partner for Satellite-Based Agri Lending
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HBL Microfinance Bank (HBL MfB) and the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) have signed a Memorandum of Understanding (MoU) to introduce satellite-based…
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