Cut-off yields on 1-year Sukuk have dropped by nearly half in the space of just six months to below 11… Read More
No Lender Willing to Rollover Debt to Help Pakistan: Finance Minister
Finance Minister Muhammad Aurangzeb on Friday revealed that investors are reluctant to help Pakistan by depositing funds or roll over… Read More
PTA Says It Doesn’t Feel Responsible for Assuring Safety of Electronic Devices
Pakistan Telecommunication Authority (PTA) has absolved itself from the responsibility of securing electronic devices like pager devices, saying that identification… Read More
Dozens of Climate Ministry Officials Are Going on Trip to Baku Using Public Funds
Controversy surrounds Pakistan’s attendance at COP29 in Baku. Find out how loaned funds are allegedly being used to cover expenses… Read More
FBR Officials Fraudulently Used Accounts of Retired Army Officers in Rs. 1.6 Trillion Fake Supplies Scam
A gang of cybercriminals, with the connivance of Federal Board of Revenue (FBR) and Pakistan Revenue Automation Limited (PRAL) officials,… Read More
Neem Secures $4 Million Credit Facility to Scale its Earned Wage Access Solution Across Pakistan
Neem, a leading embedded finance platform in Pakistan, has secured an additional $4 million credit facility from DNI group, a… Read More
Govt to Launch New Package Next Month to Revive Construction Industry
Prime Minister Shahbaz Sharif is preparing a construction package to revive Pakistan’s construction sector which is expected to launch next… Read More
PTA Claims Internet Service Has Been Fully Restored
The Pakistan Telecommunication Authority (PTA) has announced that the country’s internet services have been fully restored after months of sluggish… Read More
Elphinstone Acquires Trikl to Drive WealthTech Innovation in Pakistan
Y Combinator-backed investment platform Elphinstone has announced its acquisition of Trikl, a Pakistan-based WealthTech startup backed by Orbit Startups. The… Read More
PTCL Share Price Jumps Over 40% in 2 Weeks on Anticipation of Telenor Merger
Pakistan Telecommunication Company Limited (PTCL) has seen a significant increase in its share price on the Pakistan Stock Exchange as… Read More
FBR Set to Significantly Increase Immovable Property Valuations This Week
The Federal Board of Revenue (FBR) is set to raise the values of immovable properties up to 75 percent of… Read More
Chief Financial Officers Disappear Fearing FBR Raids Due to Tax Fraud
After the recovery of nearly Rs. 700 million from a leading exporter of Faisalabad, the Federal Board of Revenue (FBR)… Read More
