FBR detects 100 dummy firms in massive flying invoices scam
The Federal Board of Revenue (FBR) has found the alleged involvement of over 100 dummy companies in an organised racket...
Talks with IMF to begin soon
Pakistan received $8.1 billion in loans in the past six months on the back of International Monetary Fund’s (IMF) stamp,...
Forex reserves dip $127m to $8.03b
Pakistan’s foreign exchange reserves, held by the central bank, reached $8,027.4 million, down 1.6% week-on-week, reported the State Bank of...
Trade with Central Asia comes to a halt
Trade between Pakistan and Central Asian countries has come to a standstill owing to the closure of five border crossings...
SIFC takes notice of JJVL closure
In a new development, Special Investment Facilitation Council (SIFC) has taken the notice of closure of the Jamshoro Joint Venture...
Billions in money laundering uncovered
The Directorate of Post Clearance Audit (PCA) Customs, engaged in exposing a money laundering operation involving billions under the guise...
World Bank offers help to investors
The World Bank has offered financial assistance and risk guarantee for investor comfort in a bid to encourage private sector...
Rupee closes below Rs280/$ after a year
The Pakistani currency strengthened to over a 12-month high, closing just below the highly anticipated level of Rs280 against the...
Pakistan, Dubai ink over $3bn pact in diverse fields
Pakistan and Dubai have inked more than $3 billion investment pact in diverse fields including cooperation in railways, economic zones...
