Waves Singer Limited, an electrical and home appliances maker, plans to enter the real estate and construction sector to diversify… Read More
SBP Introduces an International Payment Mechanism for Pakistani Companies
State Bank of Pakistan has introduced a new mechanism for local companies and digital content developers to make payments to… Read More
Faysal Bank Signs Agreement for NiFT ePay Services
Faysal Bank, in line with its vision to enable and promote cash-less and digital payments has entered into an agreement… Read More
PM’s Finance Advisor Announces 5X Increase in Loan Limit Under Kamyab Jawan Program
Advisor to Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has announced a five-fold increase in the loan… Read More
PM Forms a NCC for Small & Medium Enterprise Development
In order to promote the development of small and medium enterprises, Prime Minister Imran Khan has approved the constitution of… Read More
Supreme Court Announces Verdict on Rs. 417 Billion GIDC Case
The Supreme Court has finally announced its reserved verdict on the Gas Infrastructure Development Cess (GIDC). The court has ordered… Read More
ECC Approves Timely Settlement of PIA’s Roosevelt Hotel Loan
The economic coordination committee (ECC) of the Cabinet has given a go-ahead to the payment of all liabilities and responsibilities… Read More
Punjab to Disburse Loans of Up to Rs. 5 Million for Reviving Business Activity
Punjab government has finalized the Punjab Rozgar Program for the deserving. Soft loans of Rs. 0.5 million to Rs. 1… Read More
LSM Registers a 10.2% Decrease in FY2020
Pakistan’s large-scale manufacturing industries’ (LSMIs) overall output cumulatively plunged by 10.17% in FY20 year-on-year as compared to 3.64% in FY19… Read More
Moody’s Announces Stable Ratings for Five Pakistani Banks
Moody’s Investors Service (Moody’s) has confirmed the B3 long-term local-currency and Caa1 foreign-currency deposit ratings of five Pakistani banks including… Read More
Pakistan Stock Brokers Association is Now Formally Operational
Pakistan Stock Brokers Association (PSBA) is pleased to announce that in accordance with the law applicable to the trade organizations… Read More
SECP is Revamping NBFC Rules to Improve The Business Environment
The Securities and Exchange Commission of Pakistan has issued a draft of amendments in the Non-Banking Finance Companies (Establishment and… Read More
Pakistan Registers a Record Increase in Fruit & Vegetable Exports Despite COVID-19
Pakistan has registered a record increase in the export of fruits & vegetables despite the coronavirus pandemic. During the financial… Read More
UAE Wants to Invest in Development Projects of Pakistan
The United Arab Emirates has expressed its interest to invest in development projects in Pakistan. The interest was shown by… Read More
KE’s Profit Dropped by Rs. 2.5 Billion in H1 FY 2019-20
K-Electric witnessed a tough business situation as its profit shed by 47% or over Rs. 2.5 billion in the first… Read More
