The Federal Board of Revenue (FBR) has imposed additional customs duties on the import of various types of vehicle components. The FBR amended S.R.O. 693(1)/2006 on Wednesday with S.R.O.1930(1)/2022. The revised additional…
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Pakistan’s troubles justify slump in bond prices: JPMorgan – Financeupdates
[ad_1] A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. — Reuters JPMorgan calls slump in Pakistan’s bonds to just…
Ishaq Dar confident of managing $34b in external financing for FY23 – Financeupdates
[ad_1] Finance Minister Ishaq Dar speaks to journalists in Islamabad, on October 19, 2022. — YouTube/GeoNews “I assure you don’t need to worry. We will get that,” Dar says. $1 billion bond…
Uber looks to boost digital ad revenue with new advertising division – Financeupdates
[ad_1] Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. The picture was taken on December 12, 2019. — Reuters Uber Technologies has launched a new advertising division…
Dar rules out need for ‘specific steps’ to support rupee – Financeupdates
[ad_1] Finance Minister Ishaq Dar speaks during an interview in Washington, DC, on October 14, 2022. — AFP Dar says optimistic economic growth can surpass 3% this fiscal year. He adds rupee…
October 13 blackout: What went wrong? – Financeupdates
[ad_1] Karachi neighbourhoods seen submerged in darkness during a power breakdown in this undated photo. — Reuters/File Southern parts of Pakistan, mainly Sindh, Punjab and Balochistan, were left without power after a…
Up to 500% taxes imposed on imported cars to protect local industry – Financeupdates
[ad_1] Chairman Public Accounts Committee (PAC) Noor Alam Khan chairing a session in this undated photo. — Twitter/NAofPakistan/File After last PAC meet, auto industry further increased car prices. Recommends calling them “assemblers” instead…
Pakistan seeks billions of dollars in new loans after floods: Financial Times – Financeupdates
[ad_1] Displaced people walk on flooded highway, following rains and floods during the monsoon season in Sehwan, Pakistan, September 16, 2022. —REUTERS PM gives interview to UK’s Financial Times paper. Pakistan prepares…
Rupee continues to sink against dollar, loses 1.16 – Financeupdates
[ad_1] A vendor arranges 10 and 20-rupee Pakistani bank notes in a display shelf at a commercial area in Karachi, Pakistan, on December 14, 2011. — AFP/File Rupee depreciates Rs1.16 against dollar. Local…
Biden to lay out plan to complete emergency oil sales, support US production – Financeupdates
[ad_1] US President Joe Biden calls for a federal gas tax holiday as he speaks about gas prices during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White…