IBEX Global, an indirect portfolio company of TRG Pakistan, got listed on Nasdaq Global Market through its Initial Public Offering… Read More
Economic Outlook Remains Uncertain in Pakistan: SBP
The COVID-19 pandemic not only ruined the economic gains of the country in the last financial year but it wreaked… Read More
Current Account Deficit Drops by a Massive $10 Billion in FY20
The current account deficit witnessed a massive decline of 77.9% or $10.4 billion in the financial year 2019-20 compared with… Read More
WorldCall Plans To Introduce FTTH Internet Service in Major Cities
The management of WorldCall Telecommunication Limited has planned to launch fast broadband internet services in major cities based on FTTH… Read More
KE Issues Sukuk of Rs. 25 Billion
K-Electric has launched a listed Sukuk of up to Rs. 25 billion for the period of seven years inclusive of… Read More
SBP Sets Building Loan Targets for Banks To Promote Housing Finance
In order to promote housing and construction activities in the country, as envisaged by the Government of Pakistan (GoP), State… Read More
Only 10% of IT Graduates Are Employable in Pakistan: Gallup
Pakistan’s IT companies that produce high-value products has found that only 10 percent of graduates from lower-tier universities are employable.… Read More
State Bank Issues Penalties Worth Rs. 1.68 Billion On 15 Commercial Banks
State Bank of Pakistan (SBP) continues to take stringent measures to improve the performance of the banking sector including monetary… Read More
Govt Makes Up to Rs. 25 Million in Loans Available to Youth
Entrepreneurs from IT and Ecommerce sectors can avail loans of up to Rs. 25 million under the PM Kamyab Jawan… Read More
WorldCall’s Profits Nosedive to Rs. 72 Million From Rs. 6 Billion in 2 Years
WorldCall Telecom Company, a telecom and media service-provider, reported a massive drop in profitability by 83 percent in 2019. The… Read More
SBP Reduces Refinance Scheme Markup Rate to 5% for Promoting Investment
To extend the benefits of a reduction in the policy rate to people using its refinance schemes, State Bank of… Read More
Pakistani Banks Are Handling Loans Better Than Kenya & Nigeria
Pakistan’s bank loan recoveries due to the economic slowdown are better than many countries as merely 1.3% of total bank… Read More
