Pakistan’s foreign exchange reserves declined further by $560 million during the previous week. An announcement of State Bank of Pakistan (SBP)… Read More
Govt To Introduce a New National Tax Agency: State Minister
The government is planning to introduce a national tax agency to save the taxpayers from the trouble of filing different… Read More
SECP Launches Awareness Drive for Modaraba
The Securities and Exchange Commission of Pakistan has launched an awareness campaign about the business model of modaraba and modaraba… Read More
Pakistan in Talks With Chinese Banks for $2 Billion in Commercial Loans
Pakistan is currently in negotiations with China for securing commercial loans worth $ 2 billion. According to media reports, China… Read More
SECP Revamps Regulatory Framework for Real Estate Investment Trusts
In continuation of its efforts to foster growth of real estate investment trusts (REITs), the Security and Exchange Commission of… Read More
Bloodbath at PSX as Market Loses 1300 Points in First Few Hours
The capital market nosedived by over 1300 points as a hike in interest rate and economic uncertainty drove investor sentiment, leading… Read More
China to Provide Multiple Bailout Packages Instead of Cash to Pakistan
The Chinese Consul-General (CCG) Long Dingbin on Sunday said that instead of hard cash, China plans to eventually provide multiple… Read More
Prime Minister Approves Incentives for Remittances Sent Through Legal Channels
Prime Minister Imran Khan has approved a package for enhancement of incentives for remittances through legal channels. It was decided… Read More
SBP Raises Key Interest Rate To 10%
State Bank of Pakistan (SBP) has made a steep increase in the policy rates by 150 basis points that raised… Read More
Pakistani Rupee Recovers by Rs. 8 After an Early Morning Crash [Updated]
A huge rise for the US Dollar.… Read More
SECP Issues Guidelines for Holding Corporate Meetings
The Securities and Exchange Commission of Pakistan (SECP) has issued practices guide for conducting board of directors and general meetings,… Read More
Gold Import Shows a Big Drop in First Four Months of FY2019
The import of gold in the country during the first four months (July-October) of the current fiscal year witnessed a… Read More
