The National Electric Power Regulatory Authority (NEPRA) on Wednesday notified a Rs. 2.83 per unit increase in the price of electricity in terms of fuel charges adjustment (FCA) for ex-Wapda distribution companies (DISCOs). The increase will be shown separately in the consumers’ bills on the basis of units billed to
Dubai Islamic Bank Pakistan Limited (DIBPL) has signed an Issuing Bank Agreement (IBA) with the International Finance Corporation (IFC) to support international trade in Pakistan. Under the agreement, IFC will guarantee payment of DIBPL obligations to support their trade finance transactions with tenors of up to one year. This will
Martin Raiser, Regional Vice President of World Bank for South Asia along with a delegation including Country Representative Najy Benhassine called on Prime Minister Shehbaz Sharif in Islamabad today. Welcoming Raiser, the premier lauded the contribution of the World Bank to the development of Pakistan. He appreciated the support extended
JazzCash has not just established itself, but has truly excelled as a leader in Pakistan’s evolving financial ecosystem, as evidenced by data from the State Bank of Pakistan (SBP).
The latest data shared by the SBP and JazzCash reveals that the comp…
The Securities and Exchange Commission of Pakistan (SECP) has approved the Scheme of Arrangement between Pakistan International Airlines Corporation Limited (PIA) and PIA Holding Company Limited (HoldCo).
Earlier this year, the Federal Cabinet appro…
Price of flour at Utility Stores has failed to budge compared to cheaper rates in the general market, according to data from Pakistan Bureau of Statistics (PBS).
A 20 Kg bag of flour at Utility Stores costs Rs. 2,840, approximately 38 percent or Rs….
Tax cases worth Rs. 2.7 trillion have remained unresolved for decades, Federal Board of Revenue (FBR) sources informed ProPakistani.
Sources said cases worth over Rs. 2.4 trillion falls under Inland Revenue while more than Rs. 250 billion is linked …
Synergy Group, the biggest integrated marketing communication conglomerate in the country, claims another victory in a string of wins at the prestigious Effie Awards Pakistan.
The group’s agencies, Synergy Advertising and Synite Digital have bagged …
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