The funds raised by the government through Sukuk, an Islamic financing instrument, have crossed Rs. 2 trillion. During 2008-2017, the… Read More
Banks Can Play a Pivotal Role in Poverty Alleviation: Economists
Banks may play a pivotal role in poverty alleviation by maintaining the growing trends of digital banking and access to… Read More
UBL Customers Are Reporting Malicious Account Activity Including Fund Withdrawal
The customers of the United Bank Limited have found themselves clueless lately as they are receiving messages of fund transfers,… Read More
PSEB to Invest Rs. 1 Billion on IT Boot Camps for Professionals and Graduates
Pakistan Software Export Board (PSEB) has received an amount of Rs. 1 billion from the Ministry of IT and Telecommunication… Read More
Pakistan’s Systems Limited Expands to Saudi Arabia
Systems Limited has expanded its operations in the heartland of the Arab world with the establishment of its 100 percent… Read More
PTA to Launch 5G in Early 2023
Pakistan Telecommunication Authority (PTA) has set a target to launch 5G commercially in the first quarter of 2023 in the… Read More
Pakistan’s Manpower Exports Are Declining
Pakistan’s manpower exports to different countries have shown a downward trend in the past three years, mainly due to the… Read More
Pakistan’s IT Exports Cross $2 Billion Mark For The First Time
Pakistan’s IT sector made a giant stride in the outgoing financial year with an impressive penetration in the exporting countries,… Read More
Current Account Closes FY20-21 With a Deficit of $1.8 Billion
Despite record receipt of exports and all-time high inflows of remittances, the current account posted a deficit of $1.8 billion… Read More
Overseas Pakistanis Break All Remittance Records in FY21
Remittances sent by overseas Pakistanis made history with consistent growth in inflows recorded every month during the financial year 2020-21,… Read More
Exclusive: FBR is Deducting 1-2% Tax on IT Related Exports
Sources have informed ProPakistani that the Federal Bank of Revenue (FBR) has initiated deduction of tax from the exports earnings… Read More
Investment by Banks in Govt Securities Exceeds 90%
The investment of commercial banks in government securities has been phenomenal over the last 14 years, having surged to over… Read More
