Philip Morris Pakistan Limited (PMPKL) has reduced its carbon emissions footprint by 30% compared with the 2018 baseline in manufacturing, according to PMPKL’s Executive Director and Director Finance Muhammad Zeeshan.The company has achieved this by re…
The Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, told the Media that the government does not plan on increasing taxes in the supplementary budget that is to be introduced in the National Assembly after the agreement with the Int…
Former finance minister, Hafeez Shaikh, is one of six persons remaining on the board of directors of the Afiniti group, whose founder Muhammad Ziaullah Khan Chishti was ousted as CEO and Director over sexual assault charges.While the list doesn’t sport…
Washington DC: An International Monetary Fund (IMF) mission led by Ernesto Ramirez Rigo held virtual discussions during October 4–November 18, 2021 in the context of the 2021 Article IV consultations and the sixth review of the authorities’ reform prog…
The Securities Exchange Commission of Pakistan (SECP) in its investigation has made Hascol Petroleum Ltd’s management and auditors responsible for the financial fiasco.Sources said that the SECP, in its investigation on the first show-cause notice issu…
Federal Minister of National Food Security Syed Fakhar Imam conducted a high level meeting with the provincial counterparts to monitor the ongoing sowing of wheat in the country.The meeting attended by representatives from all provinces, including Punj…
The Large Scale Manufacturing Industries (LSMI) output increased by 5.15 percent in the first quarter (July-September) of the current fiscal year 2021-22 compared to the same period last fiscal year, i.e., 2021, data released by the Pakistan Bureau of …
A poll by Topline Securities suggests that an increase of 75 bps or higher will be noted in the November 2021 Monetary Policy Statement (MPS).A total of 73 key financial market participants responded to the poll. For the coming MPS, 25 percent of the p…
