Economy

TeleCard Set to Restructure TFC Loan

Creditors are expected to soon restructure TeleCard’s outstanding TFC loan of Rs. 700 million, which would pave the way for the regulatory approvals for the planned IPO of its subsidiary, Supernet, the company sources said. The company had raised Rs. 2…

Economy

Trade is Essential for Post-COVID Economic Recovery: International Trade Center

Trade can play a key role in the post-COVID-19 economic recovery. Therefore, aligning policies with emerging realities is important. The global trade experts shred this viewpoint during a webinar, ‘Trade essential for Post Covid Economic Recovery’ orga…

Economy

Less than 5% Women Make it to Senior Management Roles in Private Companies: IFC Survey

New IFC Survey Highlights Business Case for Gender Equality in the Workforce in Pakistan.Many private companies in Pakistan are still struggling to reach gender diversity targets, while fewer than one in 20 women make it to senior management roles, acc…

Economy

FBR’s Field Offices to Remain Open till Midnight on 30th September

The Federal Board of Revenue (FBR) has issued instructions to all Large Taxpayers’ Units (LTOs), Medium Taxpayers’ Offices (MTOs), Corporate Tax Offices (CTOs), and Regional Tax Offices (RTOs) to extend office hours for 29 September and 30 September to…

Economy

Pakistan’s External Debt and Liabilities Hit Historic High of $122.4 Billion

Pakistan’s external debt has increased up to US$ 26 billion during the last three years government tenure of Pakistan Tehreek-e-Insaf, as it is over US$ 122 billion.This was revealed in a briefing by Additional Secretary Economic Affairs Division Zulfi…

Medical

COVID-19: 41 more deaths, 1,400 positive cases reported in country

41 more deaths due to Coronavirus infection and 1,400 positive cases have been reported in the country in a single day.According to the National Command and Operation Centre’s statistics, 44,116 tests were conducted on Monday and positivity ratio remai…