July 7, 2022 (MLN): The state Bank of Pakistan (SBP) has directed banks / MFBs to keep their selected branches open on Friday, July 8, 2022 from 9:00 a.m. to 4:00 p.m. situated
July 07, 2022: Federal Minister for Finance Miftah Ismail on Wednesday said that the government would give relief to the masses on petroleum products if their prices continued decreasing in the international market.
July 6, 2022 (MLN): Pakistan’s central bank is scheduled to meet on Thursday 7th July 2022, to determine the benchmark interest rate for the next six weeks. This time, market participants seem to
July 06, 2022: In order to promote digitalization and encourage eco-friendly practices, the State Bank of Pakistan (SBP) has developed an online portal called SBP Regulatory Approval System (RAS) to enable regulated entities
July 06, 2022: Federal Minister for Planning Development & Special Initiatives Professor Ahsan Iqbal has directed the Secretary Board of Investment BOI and Chairman Special Technology Zone Authority (STZA) to remove all bottlenecks
July 06, 2022: Chairman All Pakistan Textile Mills Association (APTMA) Mr. Abdul Rahim Nasir has urged the Federal government to restore gas supply to the textile industry on an urgent basis, stressing that
July 06, 2022 (MLN): The Executive Committee of the National Economic Council (ECNEC) on Wednesday approved numerous development projects worth Rs4.12 trillion. According to the details issued, ECNEC considered and approved the project
July 06, 2022: Federal Minister for Finance and Revenue Mr. Miftah Ismail and Ambassador of the Islamic Republic of Iran to Pakistan H.E. Seyed Mohammad Ali Hosseini on Wednesday expressed their satisfaction on
July 06, 2022: The Securities and Exchange Commission of Pakistan (SECP) has cautioned digital lending NBFCs of regulatory intervention, if full disclosure and fair business practices are not ensured by the industry as
July 06, 2022: Unjust and uncalled-for imposition of a 10 percent super-tax, in addition to all multiple, levied taxes, is highly disastrous for export-oriented industries which have been actively performing in the most
July 06, 2022: The Secretary Ministry of Planning Development & Special Initiatives Syed Zafar Ali Shah on Tuesday directed the Information Technology of the ministry to shift office records from manual system to
July 06, 2022: European stock markets rebounded on Wednesday, recovering some ground following sharp losses the previous session on fears of a global recession. Oil prices recovered slightly, but WTI remained under $100
July 06, 2022 (MLN): The government has reduced the budget allocated for the armed forces development programme by Rs72 billion in order to achieve a primary budget surplus in the fiscal year 2022-23
July 06, 2022 (MLN): The State Bank of Pakistan (SBP) has updated the list of goods which requires prior approval for import transaction as per which it is mandatory for banks to seek
July 5, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet has decided to continue the subsidy on five essential commodities. The decision was taken at the ECC meeting headed by Federal
January 27, 2022: The economy of the country continues to show healthy value-added creation as its cyclical position is largely balanced and the trend growth rate of potential output remains strong, according to the monthly
January 27, 2022: The Securities and Exchange Commission of Pakistan (SECP) has canceled the license of Trust Investment Bank Limited (TIBL) effective from November 1, 2018, due to its continuous violations of the NBFC Regulatory
January 27, 2022: Indus River System Authority (IRSA) Thursday released 40,017 cusecs water from various rim stations with an inflow of 50,082 cusecs. According to the data released by IRSA, water level in the Indus
January 27, 2022 (MLN): Repatriation of profit and dividends by foreign investors mostly remained flat during the first six months of this fiscal year (FY22), the central bank data showed on Wednesday. The SBP data
January 27, 2022: The number of 3G and 4G service users in Pakistan has significant increased and reached 108 million by end of December 2021, as per detail available at the official site of the
January 27, 2022: IBA Centre for Entrepreneurial Development (CED) and Topline Securities have signed an MoU to promote entrepreneurship and empower small businesses in Pakistan, a press release said today. Topline Securities, one of Pakistan’s
January 27, 2022 (MLN): The new waves of infection would expose the relative fragility of Pakistan’s health systems and in the event of further lockdowns or shocks to external demand, the economy would have comparatively
January 26, 2022: The State Bank of Pakistan (SBP) in collaboration with Multan Chamber of Commerce & Industry (MCCI) organized a two-day SME Mela on January 24-25, 2022, said a press release issued on Wednesday.
January 26, 2022 (MLN): Minister of Trade of Sri Lanka, Dr Bandula Gunawardhana expressed a keen desire to expand cooperation with Pakistan in diverse areas of trade and ICT during his visit to the Ministry
January 26, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs729 billion, against its target of Rs650bn. Despite SBP’s enough injection
January 26, 2022 (MLN): Minister of Energy Hammad Azhar on Wednesday said that 70% of smartphones are now assembled in the country after the launch of Mobile Manufacturing Policy adding the government's next step is
January 26, 2022: The ambassador of Azerbaijan Khazar Farhadov invited the business and industrial community of Karachi to look into the possibility of investing in the Alat Free Economic Zone (AFEZ) while exchanging views at
January 26, 2022: The Competition Commission of Pakistan (CCP) has initiated an enquiry into the suspected cartelization by Primary Dealers (PDs) in the recent auctions of Market Treasury Bills (T-bills) carried out by the Government
January 26, 2022: Federal Minister for Finance and Revenue, Shaukat Tarin said Wednesday that despite four big crises the country had to face during the past three-and-half years, the economy has been heading in the
January 26, 2022 (MLN): Pakistan obtained fresh external loans of $9.43 billion in the first half of the ongoing fiscal year i.e., July- Dec FY22 from multiple financing sources including $3bn time deposits from Saudi
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