Bestway Cement Could Lose Control of EV Making Subsidiary
Meanwhile, the shareholders of Bestway Cement Limited (PSX: BWCL) have rejected a share offer from its subsidiary, Bestway Automotive (Private) Limited (BAL).
Tag: Finance
CDA Plans New Rs. 140 Crore Underpass While Floods Expose Planning Failures
Meanwhile, the Capital Development Authority (CDA) has scheduled a public hearing for the environmental assessment of the proposed Rs.
PACRA Partners With Chinese Rating Group to Tap Panda Bond Market
As well as potential Panda Bond issuances by Pakistani borrowers, the Pakistan Credit Rating Agency Limited (PACRA has entered into a Memorandum of Understanding…
FBR Misses August 2026 Tax Target But Oddly Beats 2-Month Goal By…
For context, the Federal Board of Revenue (FBR) collected more than Rs.
Pakistan Has 4 Crore Crypto Accounts
Around 40 million Pakistanis somehow have opened cryptocurrency accounts, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib informed a Senate committee on…
Gold Rate Keeps Falling
Gold rates in Pakistan fell further on Monday after a similar trend observed in international gold rates.
CDWP Approves Rs. 60 Billion Development Projects
Notably, the Central Development Working Party (CDWP) has approved or recommended five development projects worth Rs.
New Law Excludes Agricultural Land from REIT Investment Schemes
Meanwhile, the Securities and Exchange Commission of Pakistan (SECP) has proposed new REIT rules that exclude agricultural land from investment-based Real Estate Investment Trust…
Ahsan Iqbal Announces 400th Attempt to Revive Pakistan Railway
In practice, the federal administration is preparing a Rs. 450 billion-plus upgrade for the Rohri-Multan section of ML-1 after recording 399 failed attempts in…
Gold Dealers in Pakistan Now Face Tougher FBR Money Laundering Law
In practice, the Federal Board of Revenue (FBR) has expanded and clarified its anti-money laundering (AML) and counter-terrorism financing rules for certain non-financial businesses,…