News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

IMF Board Likely to Approve $7 Billion Bailout for Pakistan in Mid-August

The International Monetary Fund (IMF) Executive Board will likely take up the agenda of Pakistan’s new $7 billion bailou...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

SBP Issues Guidelines to Regulate Non-Performing Assets

The State Bank of Pakistan has issued a set of guidelines to regulate the transfer and assignment of Non-Performing Asse...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

IMF Urges Pakistan to Enhance Export Strategy

The International Monetary Fund (IMF) has found Pakistan trailing far behind other neighboring countries in terms of exp...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Rapidly Changing Global Economy, The Future of Wealth Management

By Irfan Qureshi As the global economy undergoes profound transformations, the field of wealth management stands at a pi...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

SBP Has Enough Room to Cut Key Interest Rate By 6% in FY25: JP Morgan

JP Morgan has projected foreign exchange reserves held by the State Bank of Pakistan (SBP) to increase to $15 billion, t...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Salaried Class Paid Staggering 232% More Taxes Than Exporters and Retailers in FY24

Pakistan’s salaried class paid a record Rs. 368 billion in income taxes, 232 percent more than taxes paid by exporters a...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Current Govt Has Been The Worst for Economy: Business Owners

Calling the government of Prime Minister Shehbaz Sharif a “worse” manager of the economy, the country’s business owners...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

SBP Reserves Plummet by Nearly $400 Million Due to Debt Repayments

The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell by almost $400 million on a weekly basis acc...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Rupee Posts Gains Against Popular Currencies After 3 Days

The Pakistani rupee (PKR) recovered against the US Dollar today after opening trade at 278 in the interbank market. It w...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Haleon Pakistan Celebrates 2nd Global Anniversary on International Self-Care Day with Its Vision to Prioritize Self-Care in Pakistan

Haleon Pakistan Limited celebrated the International Self-Care Day at the PC Hotel in Karachi at an event themed “Self-c...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

NAB Launches Inquiry into PTA’s Failure to Recover LDI & WLL Dues

The National Accountability Bureau (NAB) has initiated an inquiry into the Pakistan Telecommunication Authority’s (PTA)...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Maple Leaf Group Wants to Acquire Control in Agritech Limited

Maple Leaf Group intends to acquire control in Agritech Limited (PSX: AGL). Maple Leaf Cement Factory Limited (MLCF) and...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Mobilink Bank Upgrades Treasury Operations with AutoSoft Dynamics for Enhanced Efficiency

Pakistan’s leading digital microfinance bank, Mobilink Bank, has brought on board AutoSoft Dynamics, a renowned global p...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Pakistan to Showcase its Textile Prowess at ITMA-CTIME Exhibition

Written by Osama Rizvi Pakistan’s textile industry has long been the backbone of the country’s economy. Contributing aro...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

FFBL Posts Highest Ever Quarterly Profit of Rs. 6.2 Billion in Q2 2024

Fauji Fertilizer Bin Qasim (PSX: FFBL) announced its 2QCY24 financial result today, where it recorded its highest-ever u...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

Pakistani, Chinese Ministers Meet in Beijing with Debt Relief on Agenda

Finance Minister Muhammad Aurangzeb and Minister for Energy Awais Ahmad Khan Laghari with Minister of Finance China Lan...

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News Update

25

Jul 2024

Jul 25, 2024 • 5 min read

SBP Orders Banks to File Cases Against Loan Defaulters

The State Bank of Pakistan (SBP) directed banks to file recovery suits in the court of law for NPLs with an outstanding...

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News Update

24

Jul 2024

Jul 24, 2024 • 5 min read

Zindigi Redefines Digital Financing with Industry-First Realtime Advance Salary

Zindigi continues to redefine financial convenience with its latest Advance Salary+ feature. Through this loan offering,...

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News Update

24

Jul 2024

Jul 24, 2024 • 5 min read

Gold Rate in Pakistan Inches Towards All-Time High

The price of gold in Pakistan posted an increase of over Rs. 2,000 per tola on Wednesday. According to data issued by th...

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News Update

24

Jul 2024

Jul 24, 2024 • 5 min read

Six Oil Companies Ordered to Pay Duty Worth Billions of Rupees on Petrol Imports

A Customs Appellate Tribunal has upheld the recovery of a 10 percent regulatory duty to the tune of billions of rupees f...

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News Update

24

Jul 2024

Jul 24, 2024 • 5 min read

Competition Tribunal Upholds CCP Order Against Media Industry

In a decisive ruling, the Competition Appellate Tribunal (CAT) has dismissed the appeal filed by the Pakistan Broadcaste...

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News & Updates

IMF Board Likely to Approve $7 Billion Bailout for Pakistan in Mid-August

SBP Issues Guidelines to Regulate Non-Performing Assets

IMF Urges Pakistan to Enhance Export Strategy

Rapidly Changing Global Economy, The Future of Wealth Management

SBP Has Enough Room to Cut Key Interest Rate By 6% in FY25: JP Morgan

Salaried Class Paid Staggering 232% More Taxes Than Exporters and Retailers in FY24

Current Govt Has Been The Worst for Economy: Business Owners

SBP Reserves Plummet by Nearly $400 Million Due to Debt Repayments

Rupee Posts Gains Against Popular Currencies After 3 Days

Haleon Pakistan Celebrates 2nd Global Anniversary on International Self-Care Day with Its Vision to Prioritize Self-Care in Pakistan

NAB Launches Inquiry into PTA’s Failure to Recover LDI & WLL Dues

Maple Leaf Group Wants to Acquire Control in Agritech Limited

Mobilink Bank Upgrades Treasury Operations with AutoSoft Dynamics for Enhanced Efficiency

Pakistan to Showcase its Textile Prowess at ITMA-CTIME Exhibition

FFBL Posts Highest Ever Quarterly Profit of Rs. 6.2 Billion in Q2 2024

Pakistani, Chinese Ministers Meet in Beijing with Debt Relief on Agenda

SBP Orders Banks to File Cases Against Loan Defaulters

Zindigi Redefines Digital Financing with Industry-First Realtime Advance Salary

Gold Rate in Pakistan Inches Towards All-Time High

Six Oil Companies Ordered to Pay Duty Worth Billions of Rupees on Petrol Imports

Competition Tribunal Upholds CCP Order Against Media Industry

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