Monetary policy blues
The Monetary Policy Committee (MPC) held its meeting on December 12, 2023, and opted to maintain the discount rate, despite recognizing a substantial surge in gas prices. This decision was…
SRB seals two outlets of burger restaurant chain
KARACHI: In a resolute move against alleged sales tax evasion, Sindh Revenue Board (SRB) officials have taken firm action against the widely recognized burger franchise, Burger O’clock. Two of its…
PTCL to acquire 100% of Telenor Pakistan
PTCL : Enters into share-purchase agreement with Telenor Pakistan shareholders for acquisition of 100% shares based on enterprise value of Rs108bn on cash-free, debt-free basis Pakistan Telecommunication Company Limited (PTCL)…
Fast-moving consumer goods: FBR issues SRO
ISLAMABAD: The Federal Board of Revenue (FBR) has directed all importers, manufacturers, wholesalers/ dealers/ distributors and wholesaler-cum-retailers of fast-moving consumer goods to operate under FBR’s electronic sales tax (e-ST) integration…
How Late 20th Century Airline Privatization Transformed Industry Dynamics and Regulatory Landscapes
Airline Industry Dynamics: Navigating Change and Future Frontiers The late 20th century marked a transformative era for airlines, breaking free from regulatory constraints and ushering in an era of intensified…
Protecting foreign investment
Foreign Remittances Bolster Pakistan’s Economy, but Is the Country Truly Open for Business? Foreign investment plays a significant role in the economic development of a country as it boosts economic…
Sensitive price index: roiling resurgence?
Understanding Price Changes: Is the Sensitive Price Index Making a Comeback? The Sensitive Price Index (SPI) for the week ending 7 December 2023 against the week ending 30 November 2023…
IMF review: MOF takes step towards ensuring desired outcome
Second review under IMF s $3 billion Stand-By Arrangement (SBA) is expected to take place in February 2024 ISLAMABAD: Ministry of Finance (MOF) has asked all Ministries/ Divisions and entities…
Rupee strengthens against US dollar
Rupee hovers at 283-284 level in inter-bank market Tuesday trading in the inter-bank market, the Pakistani rupee experienced a positive shift against the US dollar, appreciating by 0.18%. At 10…
Karachi Stock Exchange Experience Significant Drawdown
Karachi Stock Exchange Turns Red as Profit-Taking Dominates After a Promising Start This passage provides a detailed overview of the financial performance of the Pakistan Stock Exchange, particularly the KSE-100…