The cycle of foreign exchange inflows and outflows continues as the central bank paid off large debts on behalf of… Read More
Pakistan’s Trade Deficit Decline by 27% in FY20 Despite COVID-19 Pandemic
Pakistani exports registered another increase of over 14.04% in June as compared to May 2020 as exports are showing clear… Read More
CDNS Increases National Saving Schemes Profit Rates
In a bid to re-attract investor’s interest in the National Saving Schemes, the Central Directorate of National Savings (CDNS) marginally… Read More
OGDC Starts Gas Collection at Two New Wells
The Oil & Gas Development Company Limited (OGDCL) being the operator of Thal D&P.L with 100 percent working interest has… Read More
International Plastic Bag Free Day: 4 Tips To Help You Shop Responsibly
Going grocery shopping today? Don’t forget to take a cloth or paper bag with you because it is International Plastic… Read More
CCP Approved 59 Mergers & Acquisitions, 43 Exemptions During FY20
The Competition Commission of Pakistan (CCP), in the fiscal year 2019-20, has processed and granted approval to 59 Merger &… Read More
World Bank Member IFC Investing Rs. 500 Million in Pakistan’s Mortgage Sector
IFC, a member of the World Bank Group, is making an equity investment of up to Rs. 500 million (about… Read More
US Dollar Price Falls as SBP’s Reserves Recover
Pakistani rupee recovered against the US dollar on the second day of the new fiscal year FY 2020-21. It gained… Read More
PIA Owned Roosevelt Hotel Will Now Run Under a Joint Venture
Adviser to the Prime Minister on Finance and Revenue recently chaired a meeting of the Cabinet Committee on Privatization at… Read More
5 Advantages Of Living In Vertical Developments
Currently, due to state offers, discounts, and financing, living in vertical developments is not complicated. It is feasible to save… Read More
American Financial Institution to Involve Pakistan in Multi Billion Dollar Regional Fund
The United States’ International Development Finance Corporation (IDFC) is keen to involve Pakistan in a regional fund intended for Central… Read More
Ministry Issues Clarification in Response to Misleading Tweets on Govt Securities Auctions
In response to certain misleading tweets regarding the conduct of government securities auctions and re-profiling of debt obtained from SBP,… Read More
Govt Extends Rs. 40,000 Prize Bond Encashment Deadline to December 31
The government has granted another extension of six months to the holders of Rs. 40,000 National Prize Bonds (NPBs) for… Read More
Experts Demand Tax Relief to Boost E-Commerce in Pakistan
E-commerce offers huge scope and potential for Pakistani markets. The right policy reforms and facilitation by the government could play… Read More
Govt Bans Institutional Investment in National Savings
In order to redirect investments to other parts of the financial sector, the government has restricted institutional investments in national… Read More
