Staff Report ISLAMABAD: Pakistan’s Federal Government is set to unveil its National Minerals Harmonisation Framework 2025 at the Pakistan Minerals Investment Forum 2025 (PMIF25), scheduled for April 8-9 aimed at streamlining mining regulations across provinces, ensuring a structured and investor-friendly mineral policy to attract both domestic and foreign investments. The federal government, in collaboration with…
Staff Report Stealer malware leaked over 2 million bank cards on the dark web: Kaspersky Report reveals• On average, every 14th infostealer infection results in stolen credit card information• In 2023-24, nearly 26 million devices compromised by infostealers• In 2024, Re dline remained the most widespread infostealer, accounting for 34% of the total number of…
Staff Report Islamabad: Though Facebook does have monetization policy for Pakistani digital marketers but Pakistanis have been using this plate form to make money while sitting in Pakistan. They run their Facebook pages remotely by using different tactics. They use VPN and even have admin in those countries where Facebook allows monetization, But Facebook has…
Staff Report Karachi: Eocean’s implementation of the WhatsApp Business Platform for Pakistan Telecommunication Company Limited (PTCL) (a part of e&group) has earned a coveted global recognition from Meta, positioning Pakistan on the world stage for digital transformation success. This acknowledgment highlights how Eocean’s Digital Connect, a customer engagement platform built on top of official WhatsApp…
Staff Report Islamabad: The income tax rate under Section 236 of the ITO 2001 currently stands at 15%, up from 12.5% following the Finance (Supplementary) Act 2022. Previously, the tax rate was set to drop to 8% from 2022 onward. Meanwhile, under the Federal Excise Duty (FED) Act 2005, the applicable rate has climbed from…
Staff Report The local stock market performed strongly, with the benchmark index reaching a high of 1,588 points. It closed at 117,772 points, marking a gain of 1,139 points (0.98%). The surge was fuelled by investor optimism following a staff-level agreement with the IMF, which boosted market confidence. The market’s gains were primarily driven by…
Staff Report Islamabad: Pakistan’s economy posted a real GDP growth of 1.73% in the second quarter of FY25, compared to a revised estimate of 1.34% in the first quarter. While this is lower than the 1.97% growth recorded in 2QFY24, it is slightly better than expectations. Agriculture grew by 1.1%, led by a 6.51% increase…
Staff Report Islamabad: The consumers of electricity are set to enjoy a cut in power tariff up to Rs 0.30 per unit on account of fuel charges adjustment of the month of February 2025. On Wednesday, NEPRA conducted a public hearing to consider the DISCOs’ request to reduce the power tariff by 30 paisa/unit under…
Staff Report Reko Diq is projected to produce 13.1 million tons of copper and 17.9 million ounces of gold over its 37-year life. Following project financing, OGDC and PPL’s equity contributions are estimated at $349 million (Rs98 billion) each. As of December 2024, OGDC and PPL had cash and cash equivalents of Rs263 billion and…
Staff Report Deputy Prime Minister, Mr. Ishaq Dar, chaired a high-level meeting to assess critical issues impacting Pakistan’s Exploration & Production (E&P) sector. Federal Minister for Petroleum Ali Pervaiz Malik, senior officials from the various Ministries, and industry stakeholders participated in the discussions, which focused on security concerns, circular debt, gas pricing, energy planning, and…