The government is planning to make databases for various ministries and commissions inter-compatible with each other. New cloud-computing facilities will… Read More
Telecom Sector Brings No FDI, Sends $166 Million To Headquarters in FY2018
Telecom operators did not bring Foreign Direct Investment (FDI) in Pakistan in the first eight months of the financial year… Read More
Askari Bank To Raise Rs. 6 billion By TFC
Askari Bank Limited has opted to raise an amount of Rs. 6 billion through the issuance of Tier 1 Term… Read More
CCP Asks FBR to Amend RFP Regulations to Increase Investment by Cigarette Companies
Pakistan’s demand for cigarette consumption is among the highest in the world. The size of the Pakistani market is a… Read More
Systems Limited Posts Rs. 560 Million in Profits in 2017
Systems Limited, one of the leading IT companies of Pakistan, has achieved a landmark by crossing the 500 million rupee… Read More
SBP Wants Banks to Properly Monitor Finances of IT Companies
State Bank of Pakistan (SBP) has directed all commercial banks and money transfer agencies to monitor remittances and authenticate the… Read More
PTA to Record User Data from All Public Wi-Fi Hotspots
With the increasing number of Wi-Fi Hotspots at public places, PTA has come up with regulations to facilitate service providers… Read More
Official: Mithi, Sindh is the Most Expensive City in Pakistan
Mithi, not Islamabad or Karachi, is the most expensive city in Pakistan where the inflation rate stands at 11.8% on… Read More
UBL To Inject $9.4 million in Tanzanian Subsidiary
United Bank Limited (UBL) is planning to inject US $9.2 million in its subsidiary of Tanzania this year in order… Read More
Pakistan’s Domestic Debts Reach All-Time High
The burden of debts from local banks and financial institutions continues to grow at an alarming rate. It has already… Read More
SBP to Penalize Banks Over Failing Regulatory Requirements
State Bank of Pakistan (SBP) has tightened its regulations for banks for maintaining cash reserves, securities and assets amount on… Read More
Karachi Needs Up to $10 Billion to Develop Basic Infrastructure: World Bank
Karachi needs an estimated US$9 billion–US$10 billion in financing over a 10-year period to meet gaps in three sectors: urban… Read More
