Permanent Accommodation Camp To Be Built At Reko Diq Copper Gold Mines
Permanent Accommodation Camp To Be Built At Reko Diq Copper Gold Mines By: Communicators – Business Team (July 19, 2024) International Industries Limited’s (INIL’s) associated company, Chinoy Engineering & Construction (Private) Limited (CECL) has secured a contract to construct a Permanent Accommodation Camp at Reko Diq Copper Gold Mines, Baluchistan. The development was shared by INIL in its notice […]
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Acquisition News – Fatima Fertilizer to acquire certain instruments of Agritech Limited
Acquisition News – Fatima Fertilizer to acquire certain instruments of Agritech Limited By: Communicators – Business Team (July 19, 2024) Fatima Fertilizer Company Limited plans to procure certain instruments of Agritech Limited. This may include ordinary shares, convertible preference shares, non-convertible preference shares and zero coupon bonds / sukuks held by banking and other financial […]
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Merger News – FFC & FFBL potential amalgamation gets approved
Merger News – FFC & FFBL potential amalgamation gets approved By: Communicators – Business Team (July 19, 2024) The Board of Directors of Fauji Fertilizer Company Limited (FFC) have granted an approval to evaluate the potential amalgamation of Fauji Fertilizer Bin Qasim Limited (FFBL) with and into FFC by way of a scheme of arrangement. Currently, FFC […]
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KCCI targets FBR and highlights major problems to government
KCCI targets FBR and highlights major problems to government By: Communicators – Business Team (July 19, 2024) In a recent meeting with Senate standing committee on commerce, members from Karachi Chamber of Commerce and Industry (KCCI) targeted Federal Board of Revenue (FBR) and rattled the meeting as tradesmen & manufacturers elaborated that the recent move to empower FBR will bleed […]
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Pakistan government being pressurized to reinstate fixed tax regime
Pakistan government being pressurized to reinstate fixed tax regime By: Communicators – Business Team (July 19, 2024) Fruit and vegetable exporters have called on the federal government to reinstate the fixed tax regime, which they believe is crucial for supporting farmers and ensuring food security. This regime would provide more predictable financial conditions for exporters […]
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Moody’s mixed stance on Pakistan IMF deal
Moody’s mixed stance on Pakistan IMF deal By: Communicators – Business Team (July 16, 2024) The recent deal between the International Monetary Fund (IMF) and Pakistan is set to significantly improve the country’s funding prospects. This agreement typically entails financial support from the IMF in exchange for Pakistan implementing specific economic reforms and policies aimed […]
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OMAP raise concerns over severe operational issues & financial constraints faced by Pakistan’s petroleum sector
OMAP raise concerns over severe operational issues & financial constraints faced by Pakistan’s petroleum sector By: Communicators – Business Team (July 16, 2024) The Oil Marketing Association of Pakistan (OMAP) has raised concerns over severe operational issues and financial constraints faced by the petroleum sector. In a recent letter to the Oil & Gas Regulatory Authority […]
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Fulfilling the banking needs of Pakistanis under challenging economic conditions
Fulfilling the banking needs of Pakistanis under challenging economic conditions By: Communicators – Business Team (July 16, 2024) Recently in Pakistan, it has been noticed that microfinance banks are making significant strides in expanding their outreach to the low-income segment of the population. Despite facing challenging macroeconomic conditions, these banks are able to serve more […]
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Mission Impossible – Pakistan government sets export target of $60 billion
Mission Impossible – Pakistan government sets export target of $60 billion By: Communicators – Business Team (July 16, 2024) The government has set a new ambitious export target of $60 billion over the next three years despite changes to the tax structure in the budget that have sparked widespread discontent among the country’s exporters. According to […]
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5G in Pakistan – New spectrum auction to focus on improvement of Next Generation Mobile Broadband Services
5G in Pakistan – New spectrum auction to focus on improvement of Next Generation Mobile Broadband Services By: Communicators – Business Team (July 16, 2024) Eleven international consultants have submitted expressions of interest (EOIs) for providing services to government of Pakistan in 5G spectrum auction for improvement of Next Generation Mobile Broadband Services in the […]
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