Former Caretaker Minister for Interior and Commerce Dr. Gohar Ejaz has called on the federal government to cancel all agreements… Read More
Pakistan Likely to Get $6 Billion Bailout From IMF This Month
Pakistan expects to secure a staff-level agreement with the International Monetary Fund (IMF) for a bailout package of more than… Read More
SBP Sets New Guidelines For Banks to Facilitate Sugar Exports
The State Bank of Pakistan (SBP) has established new guidelines for banks to facilitate the export of 150,000 metric tons… Read More
Refineries Unhappy With Govt Exempting Imported Fuel From Sales Tax
Refineries are not happy with the government’s decision to exempt imported petroleum products from sales tax, a move that could… Read More
Pakistan’s Cash in Circulation Surges to Highest Level in History
Currency in circulation (CiC) in Pakistan has increased by Rs. 900 billion to Rs. 9.4 trillion as of June 21,… Read More
Raqami Islamic Digital Bank Selects BenchMatrix for the Implementation of RiskNucleus® Anti-Money Laundering Solution
Raqami Islamic Digital Bank, one of the most prominent upcoming Islamic digital banks in Pakistan, has selected BenchMatrix’s proprietary solution,… Read More
SBP Orders Banks to Report All Loans Given to Women
The State Bank of Pakistan (SBP) has directed all banks/DFIs to disclose the loans disbursed to women and women-owned/managed enterprises… Read More
Govt Bans Multiple Pensions And Limits Payouts to Family Members to 10 Years
The federal government has banned multiple pensions and limited pension paychecks to family members to 10 years. Under the new… Read More
Steel Rebar Prices in Pakistan Increase by Massive Rs. 5,000 per Ton
The domestic prices of steel products have been increased by Rs. 5,000 to rise by up to Rs. 273,000 per… Read More
Pakistan Railways Announces 3% Across-the-Board Increase in Freight Charges
The government has announced a 3 percent across-the-board increase in freight rates. All freight rates will be increased by 3… Read More
MetaTech Trading Ltd to Merge With Big Bird Foods
The Lahore High Court, in its order dated June 26, 2024, has approved the Scheme of Arrangement and Reconstruction for… Read More
Govt Imposes Up to 55% Regulatory Duty on Imported Goods
The Finance Bill 2024 has imposed increased regulatory duties on a wide range of imported goods, with rates varying from… Read More
