Due to the prevailing situation with COVID-19 spreading globally, business activities have slowed down considerably. It is expected that a… Read More
Online Shopping Demand Grows Significantly as Lockdown Gets More Strict
Global online shopping and e-commerce industry has been expanding to stem the spread of the COVID-19 pandemic through physical shopping… Read More
Karachi Ports Will Remain Operational During Sindh Lockdown
The imports and exports of goods are ongoing at the different terminals of Karachi Port Trust (KPT) despite lockdown being… Read More
SBP Announces Support Package for Exporters Affected by COVID-19
State Bank of Pakistan will provide support through low-markup loans to exporters being affected by the ripple effect of COVID-19… Read More
Islamic Banking Industry’s Assets Surge to Over Rs. 3 Trillion
Islamic Banking Industry (IBI) continues to flourish in the country as its assets reached Rs. 3 trillion by the end… Read More
Microfinance Sector’s Loans Surge to Over Rs. 300 Billion
The Gross Loan Portfolio (loan volume) for the microfinance sector in Pakistan surged to Rs. 305 billion by the end… Read More
PNSC To Get Two New Pilot Boats to Set Up Pakistan’s First Marine Services Unit
Pakistan National Shipping Corporation (PNSC) is planning to acquire two new pilot boats in order to set up a specialized… Read More
AirSial To Acquire Three Airbus A320 Aircraft in April-May
AirSial has confirmed that it will induct one A320 aircraft in April and two in May at a cost of… Read More
Prices for Chinese Electronics and Phones Increase in Local Markets
Chinese branded electronic items and mobile handsets have seen a rise in prices in local markets due to an imbalance… Read More
Banks Recovered Rs. 86.703 Billion From Non-Performing Loans in 2019
Commercial banks managed to recover a handsome amount of Rs. 86.703 billion in 2019 against Non-Performing Loans (NPLs) from customers… Read More
Chartered Airline to Begin Flights Between Karachi and Gwadar
A Karachi-based chartered airline is all set to launch its passenger flights from Karachi to Gwadar twice a week (Monday… Read More
Curtly Ambrose and Simon Taufel Are Coming To Watch PSL in Pakistan
Former West Indian fast bowler, Curtly Ambrose, and former Australian Umpire, Simon Taufel, are landing in Pakistan today to promote… Read More
SBP Organizes Seminar On Managing Crises in Emerging Markets
The State Bank of Pakistan (SBP) hosted a seminar on “Managing Crises in Emerging Markets” in collaboration with the Pakistan… Read More
Nearly 50% of Remittances Are Still Received Through Unbanked Channels: SBP
Nearly 50% of inflows from various countries still come through unauthorized and unbanked channels to Pakistan, which results in a… Read More
MCB Bank is Looking to Acquire SME Bank
MCB Bank is trying to rapidly expand its operations through the acquisition of SME Bank in the future. The management… Read More
