The management of the National Bank of Pakistan (NBP) has decided to shut down several foreign branches in different countries.… Read More
SBP Issues Pilot Approvals to Seven PSO/PSP for Payment Digitization Operations
Seven new Payment System Operators/Payment Services Providers (PSO/PSP) are set to commence their operations in Pakistan to form a landscape… Read More
Pakistani Textile Company Acquires a Denim Factory in US
Artistic Milliners, a Pakistani textile company and producer of renowned global brands, has acquired a denim factory in Commerce, California.… Read More
Euro 5 Standards: How Will It Impact the Automotive and Petroleum Industries in Pakistan?
Air pollution is a major cause of breathing, cardiovascular, mental, and reproductive health issues. According to the available data for… Read More
Deposits of Meezan Bank and Bank Al- Habib Cross Rs. 1 Trillion
Meezan Bank, and Bank Al- Habib have crossed the deposits mark of Rs. 1 trillion. These banks are the sixth… Read More
18.7% of Total Tax Revenue Goes to Pensioners: Study
The overall pension spending as a share of tax revenue has reached 18.7 percent as of the financial year 2019-… Read More
Pakistan’s Economy Is Regaining Pre-Covid Trajectory: SBP
Pakistan’s economy is on the trajectory of regaining its pre-COVID-19 levels during the first quarter of the financial year 2020-21,… Read More
Credit Card Users Decline Due to COVID-19
The number of credit cards’ base and its utility witnessed a decreasing trend among customers despite the reduction in mark-up… Read More
Pak Datacom Survives Despite 95% Profit Downturn in FY 2019-20
The telecommunication services company, Pak Datacom Limited, is one of the corporations that went through a crisis to maintain its… Read More
Here’s How Much Profit Banks Made in 2020
The banking industry witnessed surprising profitability in 2020 despite a drastic reduction in the policy rates by 6.25 percent and… Read More
Textile Industry Receives Export Orders for The Next 6 Months: APTMA Chief
The textile industry in Pakistan is witnessing outstanding growth in capacity production despite Covid-19, which is evident from the massive… Read More
Local Investment Bank Attracts Offer from Dubai-Based Investor
Invest Capital Investment Bank, a local investment bank, has received an offer from a Dubai-based company to acquire its major… Read More
