The Federal Board of Revenue (FBR) has refuted the rumors and news pertaining to the imposition of a health tax… Read More
Here’s How Much Pakistanis Donated to the Dam Fund
The contribution of resident Pakistanis to the dam fund has surged to over Rs. 10 billion whereas overseas Pakistanis donated… Read More
IT Industry Records Over $600 Million in Exports During Jul-Dec FY 2019-20
Pakistan’s IT exports continued to show tremendous growth this year as it recorded a double-digit growth of 21 percent in… Read More
Serene Air Becomes The 2nd Biggest Airline of Pakistan
Serene Air is capturing the local market consistently as it recorded double-digit growth of 29 percent for passenger traffic in… Read More
Pakistan’s ICT Sector Can Boost Country’s Exports by Manifolds: SBP
Pakistan’s ICT is one of the three sectors with the potential to boost the country’s overall exports by manifolds as… Read More
Banking Industry’s Deposits Surge to a Record Rs. 14. 6 Trillion in 2019
Pakistan’s banking industry’s deposits reached an all-time high at Rs. 14.63 trillion by the end of 2019. High-interest rates helped… Read More
Pakistan’s Airline and Passenger Traffic Declined During 2019
Lower air traffic and passengers have seriously hurt Pakistan during 2019, mainly due to frequent suspension of flight operations of… Read More
Islamic Banking Industry Records 100% Growth in Profit Before Tax
The Islamic banking industry is growing its profits by leaps and bounds which is evident with its handsome profit before… Read More
Branchless Banking M-Wallet Accounts Decrease by Over 40%
Branchless banking companies failed to re-activate dormant m-wallet accounts despite back to back promotional activities and incentivized offers, causing a… Read More
SBP Slaps Penalties of Rs. 192.6 Million on MCB, HBL, ABL and BoP
State Bank of Pakistan (SBP) has imposed heavy penalties on four commercial banks in November 2019 due to the violation… Read More
Banks Reports of Suspicious Transactions Witness a Staggering Increase
Banks have beefed up their monitoring and vigilance of transactions on the directives of the government. Latest numbers showed a… Read More
Pakistan To Develop Its Own LNG Shipping Facility
The government has decided to develop an indigenous LNG shipping facility, by building the operational capacity of Pakistan National Shipping… Read More
