The branchless banking sector in Pakistan witnessed a rare dip in transactional values in the first quarter of 2017. The… Read More
MCB Bank Gets Delisted from London Stock Exchange
MCB Bank with its Global Depository Receipts (GDR) of worth $150 million has been delisted from London Stock Exchange, according… Read More
Honda Profits Grow by 72% to Over Rs. 6 Billion
Honda Atlas Cars (Pakistan) Limited posted a handsome growth of 72.5 percent in the first quarter of 2017 thanks to… Read More
Pakistan’s IT Sector Reports Record Revenue Growth
The Information and Technology (IT) sector of Pakistan has been expanding. It has been increasing its contribution to local markets… Read More
Budget 2017-18: Govt Withdraws Custom Duty On Imports of Telecom Equipment
To further incentivize telecommunication sector, the government today proposed to withdraw currently leviable customs duties at the rates of 11%… Read More
Budget 2017-18: Super Tax Maintained on Banking Companies
The last budget of PML-N has not given relief to banking sector as Super Tax of 4 percent has been… Read More
PSX To Allow SMEs To Raise Equity Capital After Listing
Pakistan Stock Exchange is finalizing the launch of its Small and Medium Enterprises (SME) Board – a platform for SMEs… Read More
Bahria Town To Acquire Brokerage Firm
Bahria Town Private Limited (BTPL) will acquire a brokerage house after it has entered a deal to buy major stakes… Read More
SBP Revises Interest Rates At 4% For Financing SMEs
State Bank of Pakistan (SBP) has revised interest rates at 4% to encourage banks and DFIs to promote flow of… Read More
Pakistan to Achieve Highest GDP Growth in 9 Years: World Bank
Pakistan’s Gross Domestic Product (GDP) growth in fiscal year 2017 is expected to climb to 5.2 percent — the highest… Read More
Karachi To Get 52MW of Additional Electricity From FFBL Power Co.
Residents of few localities in Karachi might get some respite from severe load-shedding soon. K-Electric is set to receive additional electricity supplies… Read More
Net FDI Grows by 105% During Current Fiscal Year
The net Foreign Direct Investment (FDI) showed an impressive growth of 105 percent in the ten months of current financial… Read More
