Despite business challenges in various sectors of the economy, the banking sector remained consistent in major indicators as its assets… Read More
FBR’s Tax Offices to Observe Extended Working Hours on September 30
The Federal Board of Revenue (FBR) has directed all Large Taxpayer Offices (LTOs), Medium Tax Offices (MTOs), and Regional Tax… Read More
US Dollar Expected to be in Range of Rs. 320-340 by June 2024
Brokerage Firm Topline Securities expects the Pakistani Rupee (PKR)/US Dollar (USD) parity in the interbank market to be in the… Read More
Railways Increases Fares for Second Time in Just 30 Days
Pakistan Railways has announced an increase of 5 percent in the fares for all mail/express, intercity, saloons, and parcel trains.… Read More
Large Scale Manufacturing Output Contracts 1% in July
The Large Scale Manufacturing Industries (LSMI) output has declined by 3.62 percent on a month-on-month (MoM) basis as major manufacturing… Read More
MCB Bank to Establish Exchange Company
The Board of Directors of MCB Bank Limited (PSX: MCB) has approved the establishment of an exchange company with Rs.… Read More
SBP Aims To Empower 500,000 Farmers With Financial Literacy
The State Bank of Pakistan (SBP) Banking Services Corporation (SBP-BSC) has launched the Agriculture Finance Literacy Program (AFLP) through a… Read More
PSX Announces Closure for One Day
The Pakistan Stock Exchange Limited (PSX) announced on Monday that it will remain closed on Friday, 29 September, 2023, on… Read More
Gilgit Baltistan Requests Federal Govt to Restore 4G [Updated]
Update: The federal government has restored 4G services in Gilgit Baltistan. The government of Gilgit-Baltistan has requested the federal government… Read More
FBR Ordered to Give Tax Relief to 20 Female Teachers of Women’s University Multan
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to deduct less tax from 20 female… Read More
Pakistan’s Real Effective Exchange Rate Falls in August
Pakistan’s Real Effective Exchange Rate (REER) declined by 1.5 percentage points to 90.1 in August 2023. According to the latest… Read More
Govt Warns Against Use of Indian Solutions in Banking, Fintech Sectors
The Government of Pakistan has warned against the use of Indian-origin products and services by the Pakistani Industry, fintech, and… Read More
