Finance Minister Miftah Ismail Tuesday said that with increased hydel power, lower energy demand, and lower oil prices, Pakistan may… Read More
Pakistan, UAE Resolve to Strengthen Trade, Economic Ties
Prime Minister Shehbaz Sharif and President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan Tuesday resolved… Read More
National Savings Begins Shariah-Compliant Investment
The Central Directorate of National Savings Organization has begun ‘Sarwa Islamic Savings Account (SISA) and Sarwa Islamic Term Account (SITA),… Read More
Pakistan has Averted a Sri Lanka-Like Situation: Miftah
Finance Minister Miftah Ismail Tuesday said that Pakistan has averted a Sri Lanka-like situation. In an interview with CNBC, he… Read More
Bar on Dual Nationals a Hindrance in Appointment of SBP Governor: Miftah
Finance Minister Miftah Ismail Saturday said that the bar on the appointment of dual nationals as the State Bank of… Read More
Roshan Digital Account Inflows Sink to Lowest Level in 17 Months
The inflows under Roshan Digital Account witnessed a decline of almost 25 percent with inflows standing at $188 million —… Read More
FBR Revises Customs Values on Import of Stationery Goods
Directorate General of Customs Valuation Karachi has downward revised customs values on the import of stationery goods from Europe, Japan,… Read More
ECC Approves Rs. 5 Billion Grant for Flood Relief Efforts
The Economic Coordination Committee (ECC) Saturday approved a technical supplementary grant of Rs. 5 billion for the National Disaster Management… Read More
Banks to Issue Electronic Proceeds Realization Certificates to Remittance Receipents
When a customer receives funds from abroad in his/her account in PKR, banks issue them a proof of funds received… Read More
Allied Bank Presents NIC Fintech Hackathon 2022
The National Incubation Center (NIC) Pakistan’s first of its kind and largest Incubation center is hosting yet another exciting Fintech… Read More
Govt Looking to Import Wheat from Russia at Reduced Price
Considering the declining trend in the price of wheat, which may further reduce in the coming days, the Economic Coordination… Read More
SBP Relaxes Cash Margin Requirement for Specific Imports
In order to provide relief to importers, the State Bank of Pakistan (SBP) has significantly reduced cash margin requirements on… Read More
SECP Directs Insurance Companies to Outsource Internal Audit Function
The Securities and Exchange Commission of Pakistan (SECP) has directed the insurance companies to outsource their internal audit function to… Read More
UAE to Invest $1 Billion in Pakistani Companies
The United Arab Emirates (UAE) intends to invest $1 billion in Pakistani companies in various economic and investment sectors, reported… Read More
FBR Issues List of Retailers Still Not Integrated with POS System
The Federal Board of Revenue (FBR) has issued a list of 114 unregistered retailers (Tier-1), who are required to be… Read More
