Pakistan’s IT and IT-enabled Services (ITeS) export remittances declined by over 0.5 percent during the first nine months of the… Read More
Public Accounts Committee Directs FIA to Seize Property and Bank Accounts of Hascol
A meeting of the Public Accounts Committee (PAC) was held under the chairmanship of Member of National Assembly (MNA) Noor… Read More
China’s Belt and Road Initiative Not a Debt Trap: Ahsan Iqbal
Federal Minister for Planning Development & Special Initiatives Ahsan Iqbal has rejected the perception that China’s Belt and Road Initiative… Read More
Sindh Announces New Route for People’s Bus Service in Karachi
On Tuesday, Sindh Information Minister Sharjeel Inam Memon announced yet another new route for Karachi’s People’s Bus Service (PBS). Labeled… Read More
Banks, ATMs Running Low on Cash Ahead of Eid
Banks have been unable to meet the rising demand for cash during Ramazan with dozens of automated teller machines (ATMs)… Read More
Railway Police Officer Prevents Major Accident on Eid Train
A railway police officer’s prompt and heroic intervention prevented a major accident involving the first Eid special train in Quetta.… Read More
SECP Updates Qualification Requirements for Insurance Agents
The Securities and Exchange Commission of Pakistan (SECP) has revised the qualifications required for the appointment of insurance agents. The… Read More
Systems Limited Posts 51.4% Profit Growth in 2022
Systems Limited (PSX: SYS) had another good run with a 51.4 percent year-on-year (YoY) profit growth during the year ended… Read More
MMM Holding Pvt Ltd Further Buys 15 Million Shares of Baluchistan Glass Ltd
MMM Holding (Private) Limited (MMM) has purchased an additional 15 million ordinary shares of Baluchistan Glass Limited (PSX: BGL). According… Read More
SECP Sets New Capital Requirement For Non-Life Digital-Only Insurers
The Securities and Exchange Commission of Pakistan (SECP) has directed insurance companies to maintain a minimum amount of Rs. 50… Read More
Pakistan’s Mobile Imports Down 71% in First 9 Months of FY23
The country imported mobile phones worth $462.701 million during the first nine months (July-March) of the current fiscal year 2022-23,… Read More
Pakistan Housing Finance Company Wants to Inject Rs. 12 Billion into Silk Bank
Pakistan Housing Finance Company (PHFC), a subsidiary of M/s Lake City Limited has expressed its in-principle interest in the injection… Read More
