Pakistani consumers are displaying a heightened sense of confidence about their financial wellbeing with 60% believing that they are financially… Read More
PM Briefed About Money Laundering and Measures Taken Against it
Prime Minister Imran Khan, while calling money laundering a menace causing irreparable loss to the country’s economy, said on Monday… Read More
Hub Power Co. Posts a 26.7% Decline in Profits for First Half of FY2019
Hub Power Company Limited, which is one of the largest private power producers in the country announced its financial results… Read More
FATF Recognizes Govt’s Efforts Rejecting India’s Attempts to Blacklist Pakistan
The Financial Task Force (FATF) has recognized Pakistan’s efforts in curbing money laundering and terror financing. FATF said on Friday… Read More
Current Account Deficit Declines by 47% in January 2019
The data released by the State Bank of Pakistan has revealed that the current account deficit has fallen by 47… Read More
SECP Conducts Countrywide Sessions on Anti-Money Laundering Procedures
The SECP has conducted a series of five awareness sessions in Karachi, Lahore and Islamabad, to share the findings of… Read More
Engro Corp. Posts a Massive 45% Increase in Profits
Pakistan’s premier conglomerate, Engro Corporation announced its financial results for the year ended December 2018. The company posted a profit… Read More
Easypaisa to Facilitate Central Depository Company’s Account Holders
Telenor Microfinance Bank (TMB) and the Central Depository Company of Pakistan Limited (CDC) have signed a Memorandum of Understanding (MoU)… Read More
Pakistan Can Now Get Bank Account Information from Switzerland
The Federal Board of Revenue (FBR) has placed the revised notification on Avoidance of Double Taxation between Pakistan and Switzerland,… Read More
Govt’s New Holding Company to Take Ownership of All State Owned Companies
The federal government has incorporated a holding company named Sarmaya-e-Pakistan for all the state-owned enterprises, finance minister revealed on Friday. Finance… Read More
Trade Deficit Shrinks By 10 Percent to $19.26 Billion
Government’s economic decisions have finally begun to bear fruit as Pakistan’s trade deficit has gone down by 9.66 percent to $19.26… Read More
Al-Ghazi Tractors Profit Down 21.5% Due to Declining Sales
Al-Ghazi, which is one of the only two major players in the tractor industry, announced its financial results for the year… Read More
