The Board of Directors of Searle Company Limited (PSX: SEARL) has in-principal approved the disposal of 100 percent shareholding/ control… Read More
Is Inflation in Pakistan Linked to Exchange Rate Depreciation? SBP Explains
The State Bank of Pakistan in its State of Pakistan’s Economy Report for H1-FY24 admitted that it doesn’t understand why… Read More
Investors Will Be Able to Open Multiple Trading Accounts Starting Next Week
The National Clearing Company of Pakistan Limited (NCCPL) has launched the Simultaneous Account Opening Facility to help investors open multiple… Read More
MSCI Adds Pakistani Listed Bank to its Index
Investment research firm and stock markets index provider Morgan Stanley Capital International (MSCI) has added one Pakistani-listed company to its… Read More
Circular Debt to Rise By Rs. 150 Billion By End-FY24
The federal government has informed the International Monetary Fund (IMF) that it expects circular debt to increase by Rs. 150… Read More
Govt May Increase Tax on Cash Withdrawal From July 2024
The federal government is likely to increase an advance tax on cash withdrawal by non-filers from banks in the next… Read More
Pakistan to Miss Out On GDP Target This Year, Says SBP
The State Bank of Pakistan (SBP) has forecast the GDP growth rate to be settled between 2 and 3 percent… Read More
MSCI Likely to Add At Least 3 More PSX Companies to Its Indices
MSCI is scheduled to release its results of the May 2024 Semi-Annual Index Review today (ie. May 14, 2024). The… Read More
Govt Slashes Profit Rates on National Savings Schemes
The government has decreased the rates of profit on national savings certificates and schemes by up to 24 bps. The… Read More
OGRA Orders OMCs to Pick Up More Diesel From Local Refineries
The Oil & Gas Regulatory Authority (OGRA) has instructed oil marketing companies (OMCs) to pick up more high-speed diesel (HSD)… Read More
IMF Unhappy With Shortcomings in FBR Track and Trace System
The International Monetary Fund (IMF) Mission isn’t happy with shortcomings in the implementation of the track and trace system by… Read More
Pre-Qualification Process for PIA Sale Will be Completed By May-End
Prime Minister Muhammad Shahbaz Sharif chaired a meeting to review the affairs of the Ministry of Privatization and the Privatization… Read More
