Russia is keen to develop its stakes in Pakistan’s economy. For this, a 64-member delegation headed by Minister for Trade… Read More
SNGPL Approves Gas Schemes Worth Rs. 4 Billion for KP
Sui Northern Gas Pipeline Limited (SNGPL) has approved gas infrastructure development projects worth Rs 4.05 billion for gasification of Karak,… Read More
Telenor Bank is Investigating a Fraud of Over Rs. 500 Million
Telenor is reportedly investigating a fraud case in its microfinance bank in Pakistan, said media reports originating out of Norway.… Read More
ADB Approves $1 Billion in Emergency Budget Support for Pakistan
The Asian Development Bank (ADB) has approved $1 billion in immediate budget support to Pakistan to shore up the country’s… Read More
SBP to Focus on Exports to End the Boom-Bust Cycle: Reza Baqir
The State Bank of Pakistan wants to boost exports to help end the boom-and-bust cycle, stated Governor Reza Baqir. In… Read More
Pakistan’s Forex Reserves Reach Nearly $16 Billion
The consistent inflows of foreign exchange have built up Pakistan’s reserve levels and they have touched almost $16 billion. According… Read More
Islamic Banking Beats Conventional Banking in Housing Finance for the First Time
The Islamic banking industry has taken a leap over conventional banking industry in terms of value in housing finance for… Read More
Tomato Prices Cause Inflation to Surge to 12.70% in November 2019
Pakistan’s consumer inflation, which is measured through the Consumer Price Index (CPI), surged to 12.70% compared to November 2018, based… Read More
Govt Owned Unutilized Properties to be Marketed for Sale at Dubai Expo
The government is planning marketing for unutilized properties of ministries and divisions, which have been identified for privatization, at the… Read More
Moody’s Changes Outlook for 5 Banks from Negative to Stable
Moody’s Investors Service (Moody’s) has affirmed the B3 long-term local currency deposit ratings of five Pakistani banks and changed the… Read More
Everyone Who Owns a 1000 CC Car is Required to File Taxes: FBR
Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi said that every person owning a car above 1000 cc and… Read More
Petroleum Sales Up 7% in November After a Gap of 18 Months
The petroleum, oil and lubricant (POL) sales during the month of November increased by 7% to 1.42 million tons as… Read More
