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The Herald Today

31 July 2025

Business

Halan Microfinance Bank Secures Nationwide License from SBP
Halan Microfinance Bank Secures Nationwide License from SBP

SBP Authorizes Nationwide Microfinance Banking License for Halan Microfinance Bank The State Bank of Pakistan (SBP) has officially issued a...

By News-Editor | June 5, 2025 | Category: Business, Latest

Engro Fertilizers Halts EnVen Plant Operations for Urgent Repairs
Engro Fertilizers Halts EnVen Plant Operations for Urgent Repairs

Engro Fertilizers’ EnVen Plant Halts Operations for Maintenance Engro Fertilizers Limited (EFERT) has announced a temporary shutdown of its EnVen...

By News-Editor | June 5, 2025 | Category: Business, Latest

KSE-100 remains stable following record peak
KSE-100 remains stable following record peak

PSX Encounters Volatility, KSE-100 Remains Nearly Flat Trading on the Pakistan Stock Exchange (PSX) exhibited significant fluctuation, as the benchmark...

By News-Editor | June 5, 2025 | Category: Business, Latest, World

Pakistan’s telecom industry requests a cut in service sales tax
Pakistan’s telecom industry requests a cut in service sales tax

Telecom Sector Proposes Sales Tax Reduction in Budget 2025-26 The telecom industry has suggested that the government lower the sales...

By News-Editor | June 5, 2025 | Category: Business, Latest, Tech

Rupee Rises Against US Dollar in Intra-day Trading
Rupee Rises Against US Dollar in Intra-day Trading

Pakistani Rupee Shows Slight Gain Against US Dollar The Pakistani rupee saw a slight improvement against the US dollar, increasing...

By News-Editor | June 5, 2025 | Category: Business, Latest, World

CVT route proposed for MAT by Tola
CVT route proposed for MAT by Tola

Tax Expert Proposes Tax Base Broadening Measures Lahore: Tax specialist Ashfaq Yousuf Tola has advocated for the implementation of a...

By News-Editor | June 5, 2025 | Category: Business, Latest

PBF requests 18% GST waiver for yarn, fabric
PBF requests 18% GST waiver for yarn, fabric

PBF Advocates for GST Exemption on Yarn and Fabric to Save Textile Industry The Pakistan Business Forum (PBF) has urged...

By News-Editor | June 5, 2025 | Category: Business, Latest

KAPCO, CPPA-G & NGCPL Ink Tariff Accord
KAPCO, CPPA-G & NGCPL Ink Tariff Accord

KAPCO Enters Tri-Party Power Agreement Kot Addu Power Company Limited (KAPCO) has formalized a Tri-Partite Power Purchase Agreement (TPPA) with...

By News-Editor | June 5, 2025 | Category: Business, Latest

FTO Clarifies: No Added Duties on Reselling Locally Bought Vehicles by Foreign Missions
FTO Clarifies: No Added Duties on Reselling Locally Bought Vehicles by Foreign Missions

FTO Clarifies Tax Rules for Foreign Missions on Vehicle Resales The Federal Tax Ombudsman (FTO) Secretariat has informed embassies and...

By News-Editor | June 5, 2025 | Category: Business, Latest, World

Sales Tax under EFS may cripple export sector
Sales Tax under EFS may cripple export sector

Exporters Voice Concerns Over Sales Tax on Imports Under EFS FAISALABAD: During a press briefing, Hazar Khan, the Senior Vice...

By News-Editor | June 5, 2025 | Category: Business, Latest

Telecom Industry Pursues Sales Tax Cut on Services
Telecom Industry Pursues Sales Tax Cut on Services

Telecom Sector Proposes Sales Tax Reduction in Upcoming Budget ISLAMABAD: The telecom industry has suggested to the government a reduction...

By News-Editor | June 5, 2025 | Category: Business, Latest, Tech

NEC OKs Rs4.22trn national development budget for the upcoming fiscal year
NEC OKs Rs4.22trn national development budget for the upcoming fiscal year

NEC Greenlights National Development Budget for FY26 The National Economic Council (NEC) has given its unanimous assent to six key...

By News-Editor | June 5, 2025 | Category: Business, Latest

Report: Pakistan imports more solar panels from China than many G20 countries over 5 years
Report: Pakistan imports more solar panels from China than many G20 countries over 5 years

China’s Solar Panel Exports to Pakistan Surpass Many G20 Nations A research report released on Wednesday revealed that China’s exports...

By News-Editor | June 4, 2025 | Category: Business, China, World

Pakistan’s gold prices hold steady
Pakistan’s gold prices hold steady

Gold Prices Stable in Pakistan Gold prices in Pakistan experienced stability, mirroring the steadiness observed in the international market. The...

By News-Editor | June 4, 2025 | Category: Business, Latest

Leather sector in Pakistan requests reduced chemical import taxes
Leather sector in Pakistan requests reduced chemical import taxes

Leather Industry Seeks Duty Reduction for Chemical Imports Pakistan’s leather sector has advocated for a decrease in customs duties on...

By News-Editor | June 4, 2025 | Category: Business, Latest

Alibaba Group Forms Strategic Alliance with Pakistan’s Big Bird Foods
Alibaba Group Forms Strategic Alliance with Pakistan’s Big Bird Foods

Big Bird Foods Partners with Alibaba Group Big Bird Foods Limited (BBFL), a Pakistan-based chicken processing company, has forged a...

By News-Editor | June 4, 2025 | Category: Business, China, Tech

Adeel Qamar Named CEO of Engro Powergen Qadirpur
Adeel Qamar Named CEO of Engro Powergen Qadirpur

Engro Powergen Qadirpur Appoints New CEO Engro Powergen Qadirpur Limited (EPQL) has officially endorsed the selection of Adeel Qamar as...

By News-Editor | June 4, 2025 | Category: Business, Latest

Alibaba Group and Big Bird Foods Ltd Announce Strategic Alliance
Alibaba Group and Big Bird Foods Ltd Announce Strategic Alliance

Big Bird Foods Partners with Alibaba Group for Global Expansion Big Bird Foods Limited (BBFL), a Pakistani firm specializing in...

By News-Editor | June 4, 2025 | Category: Business, China, Tech

Tripartite power agreement signed by KAPCO
Tripartite power agreement signed by KAPCO

Kot Addu Power Company Inks Tri-Party Agreement The Kot Addu Power Company Limited (KAPCO) has formalized a Tri-Partite Power Purchase...

By News-Editor | June 4, 2025 | Category: Business, Latest

Cherat Cement, Shirazi Investments in race to acquire ACPL majority stake
Cherat Cement, Shirazi Investments in race to acquire ACPL majority stake

Bidding War Heats Up for Attock Cement The competition to acquire Attock Cement Pakistan Limited (ACPL) has grown more intense...

By News-Editor | June 4, 2025 | Category: Business, Latest