Airlink Communication Limited is now the official distributor of Realme in Pakistan. The company has entered into a distribution agreement… Read More
Wyeth Pakistan Ltd to Buy-Back its Shares in Pakistan
Wyeth Pakistan Limited, one of the leading pharmaceutical companies in Pakistan having an association with a US-based group, has planned… Read More
Fatima Fertilizer Eyes Acquisition of Majority Stake in Saudi-based Samba Bank Ltd
One of the leading local companies in Pakistan, Fatima Fertilizer Limited, has shown interest in the acquisition of majority stakes… Read More
Remittances Grew by Almost 10% in First 5 Months of FY22
With $2.4 billion of inflows during November 2021, workers’ remittances continued their strong streak of remaining above $2 billion since… Read More
SBP Launches Asaan Mobile Account
The State Bank of Pakistan (SBP) launched a new initiative, Asaan Mobile Account (AMA), under the National Financial Inclusion Strategy,… Read More
Understanding Issues of Pakistan’s Debt [Part 1]
The issue of foreign debts is part and parcel of every discussion on Pakistan’s economy. The issue has only grown… Read More
Banks’ Exposure Limit for Housing and Construction Sector Up by 25%: SBP
The State Bank of Pakistan (SBP) has revised up the exposure limit of investment and financing from 15 percent to… Read More
State Bank Approves Due Diligence of Samba Bank
The State Bank of Pakistan (SBP) has granted approval to Saudi National Bank (SNB) and its advisors, due diligence team,… Read More
SEZs Can Play Major Role in Economic Growth: SBP Study
As Pakistan enters the second phase of the China-Pakistan Economic Corridor (CPEC), the Special Economic Zones (SEZs) can play a… Read More
State Bank Reduces Age Bracket for Bank CEOs and Presidents
The State Bank of Pakistan (SBP) has revised the age criteria for chief executive officers (CEOs) and presidents of banks… Read More
SBP Discusses Digital Frauds and Cyberattacks With FIA & Banks
Governor State Bank of Pakistan, Dr. Reza Baqir, chaired a meeting today with Director General FIA Sanaullah Abbasi to strengthen… Read More
Pakistan’s Current Account Deficit Reaches Its Highest Level in FY2022
Pakistan’s current account recorded the highest deficit of $1.66 billion during the current financial year 2021-22 in October 2021 according… Read More
