Business

KARACHI (Kashmir English): The International Monetary Fund (IMF) mission and Pakistani authorities have made significant progress in the staff-level agreement. An IMF team led by Iva Petrova visited Karachi and Islamabad from September 24 to October 8, during which discussions were held with Pakistani authorities on the second review under the Extended Fund Facility and

ISLAMABAD (Kashmir English): Punjab and Sindh sugar millers raised an alarm regarding potential supply chain disruption and price increases due to repeated outages of the Federal Board of Revenue’s (FBR) Track and Trace (T&T) portal. The alert was made as a part of a letter written by the Pakistan Sugar Mills Association (PSMA) to Finance

ISLAMABAD (Kashmir English): A high-level Saudi business delegation has arrived in Islamabad on Tuesday for an official visit aimed at strengthening bilateral economic cooperation, the Foreign Office said in a statement. Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pakistan Joint Business Council, is heading the high-level business delegation, the FO said. During their

MIRPUR (Kashmir English): The South Zone of the Inland Revenue Department (IRD), Azad Kashmir, has successfully surpassed its tax revenue target of Rs 10.5 billion for the first quarter of the financial year 2025–26. Despite multiple challenges, the department achieved a record collection of Rs 12.5 billion, according to a press release issued by the

  KARACHI (Kashmir English): Another multinational company, Philip Morris (Pakistan), has decided to delist its shares from the Pakistan Stock Exchange (PSX), following the exit of Procter & Gamble (P&G). According to an official notice from PSX, Philip Morris (Pakistan) Limited has announced the delisting of it shares from the stock exchange. The notice said