Pakistan’s mortgage rates stand notably high at around 24 percent, marking the highest among its South Asian counterparts. This rate… Read More
PTI Urges IMF for Audit of 30% Assembly Seats Within 2 Weeks
Pakistan Tehreek-e-Insaf (PTI) has urged the International Monetary Fund (IMF) to audit the February 8 General Elections. In a formal… Read More
Final Nail in Public’s Coffin: Caretaker Govt to Increase Petrol Price Before Leaving
The Government of Pakistan is likely to increase the price of MS petrol by more than Rs. 3 to roughly… Read More
Foreign Companies in Pakistan Sent 44x More Profit Abroad in January 2024
Foreign companies’ repatriation of profits and dividends rose to $694.3 million in seven months of the financial year 2023-24, up… Read More
China Agrees to Roll Over $2 Billion Loan to Pakistan
China has agreed to extend the maturity of a $2 billion loan to Pakistan on existing terms. An agreement has… Read More
Islamabad High Court Tells FTO to Stop Behaving Like A Bank Regulator
Islamabad High Court (IHC) has ruled that the Federal Tax Ombudsman (FTO) cannot assume the powers of the State Bank… Read More
Gold Price In Pakistan Rises Slightly
The price of gold in Pakistan increased slightly on Tuesday to settle at Rs. 215,900 per tola. According to data… Read More
SECP Issues New Accounting Standards for Non-Profit Organizations Which Collect Zakat
The Securities and Exchange Commission of Pakistan (SECP) has issued new Accounting Standards for the not-for-profit organizations (NPOs), which receive/utilize… Read More
Pak Rupee Reverses Win Streak Against US Dollar
The Pakistani rupee depreciated against the US Dollar today after opening trade at 281 in the interbank market. It was… Read More
Banking Sector Deposits Increase to Rs. 27.5 Trillion in January 2024
Banking sector deposits continue to show solid growth in the first month of calendar year 2024. According to the State… Read More
TPLT to Discuss Sale of Large Stake in Middle East Subsidiary to Foreign Buyer
The Board of Directors of TPL Trakker Limited (PSX: TPLT) has directed company management to initiate discussions with a UAE-based… Read More
NHA Board Approves 57% Increase in Construction Cost of Kharian-Rawalpindi Motorway
The National Highway Authority (NHA) Executive Board recommended the PC-I for the approval of the Central Development Working Party (CDWP)/Executive… Read More
