Mobile phone import witnessed a decline of 9.11 percent in the first eight months (July-Feb) of 2018-19 as it remained… Read More
Interloop Raises Rs. 5.03 Billion in Largest Private Sector IPO in Pakistan
Interloop Limited which is the largest hosiery producer in Pakistan and among the largest global player successfully raised Rs 5.025… Read More
UAE Deposits Its Second $1 Billion Installment in SBP Reserves
To help ease the international payment pressure on Pakistan, the United Arab Emirates (UAE), on Tuesday deposited a second tranche… Read More
Trade Deficit Reduces by 11% in First 8 Months of FY19
The trade deficit of the country continues to show positive signs with each passing month as it has reduced by… Read More
Avanceon Enters Into Agreements With Giga Group, Mari, Attock & Shell Petroleum
Avanceon Limited has entered into an agreement with Mazyood Giga DHA Lahore Emerald Ltd. According to the notification to the… Read More
FBR to Raise Tax-to-GDP Target With World Bank’s Assistance
The World Bank, in collaboration with the Federal Board of Revenue (FBR), has prepared a Reconstruction plan for tax collection… Read More
Remittances Record a 12% Growth in First 8 Months of FY19
Overseas Pakistani workers have remitted $14.350 billion in the first eight months (July to February) of FY19, showing a growth… Read More
Pakistan to Get $2 Billion From UAE Soon
Pakistan is going to receive a tranche of $2 billion funds from the United Arab Emirates in coming days on… Read More
FATF Adds Three More Conditions for Pakistan to Get Off The Greylist
The Financial Action Task Force (FATF) has added three more points to the list that Pakistan needs to comply with… Read More
Samba Bank Signs Avanza’s Digital Banking Solution to Evolve Its e-Infrastructure
Samba Bank Ltd. has chosen to upgrade its current e-infrastructure with the latest versions of Novus Suite. Samba Bank Limited… Read More
Inflation Reached 4 Year High in Feb 2019: Bureau of Statistics
Pakistan’s annual inflation reached a four year high of 8.21% in February 2019, driven up by Rupee’s depreciation and demand… Read More
The Resource Group Reports Higher Revenues, Major Decline in Losses
The Resource Group (TRG) Pakistan announced its financial results for half year ended (1HFY19) ended December 31st, 2018. The company… Read More
