AsiaPak Investments Buys Bol Network and Appoints New CEO
One of Pakistan’s leading media groups, Bol Network, has been acquired by AsiaPak Investments.
Bol will remain headquartered in Karachi with a nationwide presence, according
Pakistan Records Highest Textile Exports in 11 Months
Pakistan’s textile exports in August surged to the highest level since September 2022 ($1.53 billion), according to Arif Habib Limited.
As per the latest export
Caretaker Govt Likely to Impose Duty on 1,100 Items to Protect Forex Reserves
As part of a broader attempt to protect the country’s forex reserves, the interim government is working on imposing hefty regulatory duties on roughly 1,100
Punjab Govt to Buy Sugar from Millers at Rs. 140 Per Kg
Punjab’s sugar mills will supply sugar to the government at a rate of Rs. 140/kg with the aim of making it available to the public
Remittances Drop by 24% in August to $2.1 Billion
Remittances sent by overseas Pakistanis declined by 24 percent (or $651 million) to $2.09 billion in August 2023 compared to inflows of $2.74 billion registered
Ministry of Industries Relying on Ad-Hoc Arrangements to Run Important Organizations
The slow-down of industrial activity amid rising prices of fuel, frequent increases in dollar price, and other related issues have forced the industry to resort