In order to ensure fair and equitable treatment of bank customers, particularly the politicians, the State Bank of Pakistan (SBP)… Read More
Govt’s Current Account Deficit Reduction in FY19 Was More Than the IMF Bailout Package
The current account deficit has recorded a massive reduction of $6.3 billion in the closing financial year 2018-19 mainly due… Read More
Pakistan’s GDP Growth Rate Remained at 3.3% in FY19: SBP
Pakistan’s GDP grew by 3.3 percent in the closing financial year 2018-19 amid tough economic scenario and introduction of structural… Read More
Pakistan’s Forest Contribution to Economy is the Lowest in the Region
Pakistan is unfortunate when it comes to tapping its natural resources as forest contribution to the national economy stands at… Read More
PTA To Upgrade Scope of Work for Telecom Operators Under New Licensing Framework
Pakistan Telecommunication Authority (PTA) plans to upgrade the scope of work for telecom operators under the telecommunication license framework bringing… Read More
Current Account Deficit Down by $5.2 Billion in 11 Months of FY 2018-19
The current account deficit continues to record a sustainable improvement, showing a 29 percent drop in the eleven months of… Read More
Branchless Banking Accounts Cross the 50 Million Mark
Branchless banking companies have opened up more than 50 million mobile wallet accounts on their networks due to the wide… Read More
Islamic Banking Now Makes Up 15% of Pakistan’s Banking Industry
With impressive growth and penetration across the country, Islamic banking industry has increased its share of assets and deposits to… Read More
Chinese Company Invests $40 Million at Gwadar Port
China Overseas Ports Holding Company Limited (COPHCL) has invested over $40 million at Gwadar Port for improving port facilities, the… Read More
Govt’s New Tax Implementation Methods Can Change the Real Estate Sector
The government has come up with a strict decision to better implement the current taxes on the real estate sector… Read More
Road & Infrastructure Projects Worth Rs 700 Billion in Process Under CPEC
The development of China Pakistan Economic Corridor (CPEC) is in full swing as the different road and infrastructure projects worth… Read More
Atlas Honda Reports Record Motorcycle Sales in 2019
Despite multiple upward revisions in prices, Atlas Honda recorded all-time high sales of 1.135 units of motorcycles in 2018-19. The… Read More
Illegal Registration of Mobile Devices Could Land You in Prison for 7 Years
FIA has reportedly taken some serious steps by arresting people involved in the registration of mobiles in Pakistan on fake… Read More
Nearly 3 Million People Book New Currency Notes For Eid
As many as three million people have booked fresh currency notes using the SMS services of State Bank of Pakistan… Read More
Govt Announces Procedure to To Declare Overseas Assets Under Amnesty Scheme
The government of Pakistan had announced to allow its citizens to repatriate their assets held in different countries under the Asset… Read More
