Visa is partnering with Euronet Worldwide, leading global financial technology solutions, and payments provider based in Dubai, to augment Visa’s… Read More
Govt Cuts Taxes on Affordable Phones by Upto 85%
The Government of Pakistan, through a presidential ordinance, has reduced the rate of withholding income tax and Sales tax on… Read More
Pakistan’s Forex Reserves Surge to $17.6 Billion
Pakistan’s foreign exchange reserves surged to a record level of $17.655 billion as of 13-December-2019. The central bank’s reserves of… Read More
SECP Reports a 30% Increase in Company Registrations in November 2019
The Securities and Exchange Commission of Pakistan (SECP) has registered 1,387 new companies in November, indicating an increase of 30%… Read More
SBP Allows Corporate Entities to Borrow Over $1 Million Loans in Foreign Currency
In order to facilitate the corporate entities to raise foreign currency (FCY) loans from abroad and further improve the business… Read More
SECP Signs MoUs With 5 Universities to Promote Financial Literacy
The Securities and Exchange Commission of Pakistan (SECP) has signed Memorandums of Understanding (MOU) with five leading universities to promote… Read More
DLL To Sell Off Famous Lawrencepur Clothing Brand for Rs. 81.5 million
Dawood Lawrencepur Limited (DLL) has decided to abandon the famous menswear brand, Lawrencepur, to the associated company Sach International Limited… Read More
FBR Extends Date for Filing Income Tax Returns
The Federal Board of Revenue (FBR) has extended the date of filing income tax returns/statements for the tax year 2019… Read More
Govt Buys $2.4 Billion From Foreign Exchange Sellers
Currency dealers have sold $2.4 billion to the banks in the last year. The dealers said that since September last… Read More
Chinese Yuan to Replace US Dollar for CPEC Energy Projects
In a major development, China and Pakistan have agreed to use the Renminbi or RMB for future energy projects to… Read More
Finja Wins In-Principle Approval for Electronic Money Institution (EMI) From SBP
Finja, the trail-blazing Pakistani fintech behind the popular SimSim mobile wallet launched in partnership with Finca Microfinance Bank, has announced… Read More
UnionPay Partners With iShopping.PK to Enable Online UPOP Payments
iShopping.pk (a brand of JW&FA Companies Pvt. Ltd.) and UnionPay International, one of the leading international bankcard companies, have signed… Read More
