Nishat Chunian Limited (NCL) on Thursday announced it was divesting its entire 100 percent stake in its subsidiary Nishat Chunian… Read More
SECP and NACTA Partner to Combat Money Laundering & Terrorism Financing
The Securities and Exchange Commission of Pakistan (SECP) and National Counter Terrorism Authority (NACTA) have resolved to jointly undertake all… Read More
Hascol To Acquire Marshal Gas Ltd. for Rs. 175 million
Hascol Petroleum Limited is going to expand its business in the LPG segment with the acquisition of LPG plants and… Read More
Currency Crisis Tops Agenda For Whoever Wins Pakistan Election: Report
According to a report by Reuters, whoever wins next week’s election in Pakistan will have to urgently resolve a currency… Read More
Lack of Expertise & Anti-Competitive Policies Are Keeping Local Firms Away from CPEC Road Projects: CCP
Pakistan’s private contractors lack the experience to participate in the development of mega road projects under China Pakistan Economic Corridors… Read More
Pakistan’s Current Account Deficit Reaches an All-Time High of $18.9 Billion
Pakistan’s Current Account Deficit (CAD) has swelled to reach an all-time high of $18.9 billion in the outgoing financial year… Read More
SBP Plans to Provide Easy Loans for Housing Finance
State Bank of Pakistan (SBP) has designed a policy to enhance the loan size of the banking industry, specifically for… Read More
There Will Be No Further Extension for Amnesty Scheme: FBR
There won’t be anymore extensions in the tax amnesty scheme.… Read More
Pakistan’s Net FDI Grows By 99% in FY18
Pakistan’s net Foreign Direct Investment (FDI) showed a growth of 99 percent in the financial year 2017-18 when compared with… Read More
100% Cash Margins Imposed on SIM Cards, Motorcycles and Other Consumer Goods
State Bank of Pakistan (SBP) has imposed 100% cash margins on more than 130 items being imported from various countries… Read More
Data on Immovable Properties Owned by Pakistanis in UK Obtained by FBR
The Federal Board of Revenue (FBR) has obtained information regarding immovable properties owned by Pakistanis in United Kingdom (UK). The… Read More
Bank Loans to Private Sector Reach Record High in FY18
The banking industry’s credit to private sector reached a record high of Rs 768 billion in the closing financial year… Read More
