The Board of Directors of Sui Northern Gas Pipelines Limited, in its meeting held on April 12, 2019, has appointed… Read More
National Savings Achieves Rs. 300 Billion Target in Last 9 Months
The Central Directorate of National Savings (CDNS) has achieved a net target of Rs. 300 billion during the first nine… Read More
United Brands is Discontinuing Mars, Heinz, Unilever and Other Brands in Pakistan
United Brands Limited, which trades and distributes consumer goods and allied products in Pakistan has decided to discontinue several consumer… Read More
Govt Finalizes Adviser for Panda Bond Auction
Pakistan has given a contract of financial adviser for the Panda bonds to a consortium of four banks – two… Read More
Govt. to Issue Another Rs. 200 Billion Sukuk to Support Power Sector Circular Debt
After the successful launch of Pakistan Energy Sukuk of Rs. 200 billion, the government is set to release another slot… Read More
Govt Ready to Roll Out Asset Declaration Amnesty Scheme
Prime Minister Imran Khan has, in principle, approved the first tax amnesty scheme by the current government. It is expected… Read More
Pakistan’s Economic Growth Expected to Slow Down Due to Fiscal Imbalances: World Bank
The World Bank has forecasted that Pakistan’s economic growth will slow down to 3.4 percent during the current fiscal year… Read More
Registered Companies Cross 97,000 as SECP Records 22% Growth in Registrations
The Securities and Exchange Commission of Pakistan (SECP) registered 1,401 new companies in March 2019. As compared to the corresponding… Read More
FIA Arrests Two for Hoarding Millions in US Dollars to Devalue the Rupee
The Federal Investigation Agency (FIA) has arrested two suspects in Lahore and seized currency worth Rs 40 million. The two… Read More
Ufone Records a 13% Growth in Revenues in 2018
Ufone’s financial performance has improved remarkably as its revenue for 2018 increased by 13% compared to the year before. According… Read More
SECP Appoints Registrar Secured Transactions Registry
In the wake of the federal government’s notification to establish the Secured Transactions Registry, the Securities and Exchange Commission of… Read More
SBP’s Forex Reserves Cross the $10 Billion Mark
The foreign exchange reserves of State Bank of Pakistan (SBP) have crossed the $10 billion mark by March-end. During the… Read More
