The State Bank of Pakistan has granted approval to Bank Alfalah Limited (PSX: BAFL) to commence due diligence of Samba… Read More
Pakistan-IMF Policy-Level Talks Begin Today
The federal government and International Monetary Fund (IMF) will commence policy-level talks today on negotiating a new and likely $6-8… Read More
FBR Explains Reason Behind Delay in Clearance of Vehicle Imports by Overseas Pakistanis
Only those overseas Pakistanis are entitled to import vehicles under Personal Baggage, Transfer of Residence, or Gift schemes who have… Read More
CCP Conducts Phase-II Review of Proposed PTCL-Telenor Merger
The Competition Commission of Pakistan (CCP) is conducting extensive analysis, collecting detailed data, market participant responses through comprehensive questionnaires, and… Read More
Pakistan Records Highest-Ever Monthly IT Exports of $310 Million in April
Pakistan recorded monthly IT exports of $310 million, up 62 percent year-on-year (YoY) and 1 percent month-on-month (MoM) in April… Read More
Pakistan’s Real Effective Exchange Rate Hits 5-Year High
Pakistan’s Real Effective Exchange Rate (REER) increased by 0.4 percentage points to 104.5 in April 2024, according to data released… Read More
Cabinet Directs Finance Ministry to Clear Dividends Owed to Chinese Firms
The federal cabinet has instructed the Finance Ministry to clear all dividends owed to Chinese companies operating in Pakistan. It… Read More
Govt May Hike Petroleum Levy to Rs. 100 Per Liter, Making Petrol a Lot More Expensive
The federal government is considering a move to levy a carbon tax on petroleum and similar products or increasing the… Read More
Finance Minister Confirms Withdrawal of Tax Exemptions For Ex-FATA, PATA Regions
Finance Minister Muhammad Aurangzeb announced the withdrawal of tax exemptions for the former Federally Administered Tribal Areas (FATA) and Provincially… Read More
IMF Demands Govt to Get Rid Of Loss-Making State-Owned Enterprises
The International Monetary Fund (IMF) has raised concerns about the growing financial losses of State-Owned Enterprises (SOEs) and urged the… Read More
Pakistani Group To Collaborate With UAE NymCards For Fintech Expansion
Pakistan’s financial consultancy firm, Dellsons Associates (Pvt) Ltd, will provide its financial expertise to expand operations of the UAE’s based… Read More
Pakistani Rupee Devalues Against All Major Currencies Today
The Pakistani rupee (PKR) was bearish against the US Dollar today after opening trade at 278 in the interbank market.… Read More
