The current account deficit in August reduced significantly to $0.703 billion in August as a result of the growth in… Read More
TPL REIT Partners With TASC Towers for Acquiring Telecom Tower Firm
TPL REIT Management Company Limited, a wholly-owned subsidiary of TPL Properties Limited, has entered into a strategic partnership with UAE-based… Read More
Govt Enhances Profit Rates on Naya Pakistan Certificates by Over 5%
The federal government has decided to enhance the profit rates of ‘Naya Pakistan Certificates’ (NPCs) and its Islamic version by… Read More
Govt Fails to Resume Mera Pakistan Mera Ghar Scheme
The federal government has failed to honor its commitment to resume the low-cost housing scheme, Mera Pakistan Mera Ghar disappointing… Read More
Interloop Records Highest Ever Profit of Over Rs. 12 Billion in FY22
Interloop Limited, a textile and garments exporter company, has recorded its highest-ever profit of more than Rs. 12.3 billion in… Read More
SBP Allows Flood Donations Through Home Remittance Channel
In order to facilitate overseas Pakistanis and foreign donors, the State Bank of Pakistan (SBP) has allowed the banks and… Read More
McDonalds Pakistan to Buy Beef Locally
Mcdonald’s, a global chain of fast food, has engaged a local company Al-Shaheer Corporation Ltd (ASC) for purchasing various beef… Read More
Remittances Recede by 3.2% in First Two Months of Current Fiscal
Overseas Pakistanis sent remittances of $2.7 billion in August 2022, which is 7.9 percent higher compared to the previous month… Read More
Roshan Digital Accounts Record Lowest Inflows Since March 2021
Roshan Digital Accounts (RDA) received inflows of $187 million in August from overseas Pakistanis, while 15,388 news accounts were opened… Read More
SBP Grants Checkout Ltd. In-Principle Approval to Operate as EMI
State Bank of Pakistan (SBP) has granted in-principle approval to Checkout Pvt Ltd. to operate as an Electronic Money Institution… Read More
Renewable Energy Will Mitigate Load-Shedding & Costly Electricity: ex-Finance Minister
Former Finance Minister, Dr. Shamshad Akhtar, criticized insufficient financial cooperation extended by leading greenhouse gas emitters to climate change vulnerable… Read More
AirSial to Add Two Aircraft for its International Operations This Month
AirSial will add two aircraft to its fleet this month to commence its international operations from Pakistan to different countries.… Read More
