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Chinese Consortium Set to Increase Investment in Pakistan’s Capital Market Infrastructure
▫️Approval also granted to manage Pakistan Stock Exchange properties through a separate company under the Real Estate Investment Trust model
Faisalabad Receives Anti Smog Guns as Punjab Steps Up Pollution Control Measures
▫️University of Faisalabad and EPA sign MoU to support research on smog prevention, environmental protection and air quality management
Govt Allocates PKR 103 bn for Major Dam, Hydropower and Water Management Projects
▫️Funding will support strategic dam construction, hydropower generation, flood protection, canal remodelling and real time water monitoring across Pakistan
Russia: Housing Developers Face Slowdown After Changes in Mortgage Rules
▫️Tighter subsidized mortgage rules and high borrowing costs are putting pressure on demand for residential housing across Russia
Tax Relief and Investment Incentives Announced for Overseas Pakistanis
▫️Withholding tax on property purchase reduced from 2.5 percent to 1.25 percent, while tax on property sale has been cut from 5.5 percent to 2.75 percent