Out of a total portfolio of $34.8 billion, about $15 billion or 43 percent of foreign-funded projects are considered ‘problematic’,… Read More
Pakistan and Saudi Arabia Renew Commitment to Bolster Economic Ties
Pakistan and the Kingdom of Saudi Arabia (KSA) have renewed their commitment to bolster economic ties in diverse fields, including… Read More
Pakistan’s IT Delegation Meets Over 50 Canadian IT Companies in Toronto
The Consulate General of Pakistan, Toronto, arranged a networking event for the visiting delegation of ITC executives from Pakistan on… Read More
Cloud Office and PTA Working on Security Guidelines for Registration of Cloud Service Providers
The Cloud Office established in the Ministry of Information Technology and Telecommunication (MoITT) is working with Pakistan Telecommunication Authority (PTA)… Read More
SECP Notifies Draft Asset Backed Securitization Regulations 2022
The Securities and Exchange Commission of Pakistan (SECP) has notified the draft Asset-Backed Securitization Regulations, 2022 (The “Regulations”) for public… Read More
Cut-off Yields on Fixed Rate PIBs Down by up to 3 BPS
The cut-off yields on the fixed-rate Pakistan Investment Bonds (PIBs) were down by 1-3 basis points (bps) in the auction… Read More
FBR Set to Meet Rs. 6.1 Trillion Tax Collection Target for FY22
The Federal Board of Revenue (FBR) has intensified enforcement efforts for recovery from the business community in June 2022 and… Read More
Govt to Launch Special Technology Zones in Sindh
A high-level delegation of the Special Technology Zones Authority (STZA), led by Chairman Amer Hashmi, visited the Sindh Secretariat in… Read More
SECP Initiates Consultation Period on Draft Amendments to S&FA Regulations
The Securities and Exchange Commission of Pakistan (SECP) has initiated a 14-day public consultation period on draft amendments to the… Read More
ECC Approves Rs. 96 Billion for Payment to IPPs
The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved Rs. 96.133 billion for the Power Division for payment to… Read More
Microsoft’s Campus Connect Day Held to Increase Collaboration Between HEIs
Microsoft Pakistan organized the Campus Connect Day 2022, an Education Transformation Framework (ETF) Initiative that is taken to attain its… Read More
Pakistan Signs $2.3 Billion Loan Facility Agreement with Chinese Consortium
Pakistan on Wednesday signed a $2.3 billion (RMB 15 billion) loan facility agreement with a consortium of banks from China,… Read More
