Moody’s Investors Service on Wednesday changed the outlook on Pakistan’s rating to negative from stable and affirmed the B3 local… Read More
SECP Notifies FATF-Compliant Regulations to Combat Money Laundering
The Securities and Exchange Commission of Pakistan (SECP) notified the Anti Money Laundering and Countering Financing of Terrorism Regulations, 2018.… Read More
Dollar Surges to Rs 125 in Open Market
The US dollar surged to its all-time high of Rs 125 against the Rupee in the open market on Wednesday… Read More
PIA Invites Bids for Valuators as it Plans to Sell Properties Worth Billions
Pakistan International Airlines (PIA) is looking to sell its properties located in Pakistan. The properties are located in posh areas… Read More
FBR’s Digital System for Customs Brings Cross-Border Trade Between China and Pakistan to a Halt
Sost, which was once considered as the hub for cross-border trade between Pakistan and China, has never been so serene… Read More
Banks Need to Do More to Promote SME Financing Options: SBP
The State Bank of Pakistan (SBP) has asked commercial banks to set a target of 1000 account holders in every… Read More
SECP Passes Law Safeguarding Employee’s Contributory Funds
The Securities and Exchange Commission of Pakistan (SECP) has introduced Employee’s Contributory Funds (Investment in Listed Securities) Regulations, 2018. The… Read More
Pakistan Secures $1 Billion SAFE Deposit Deal With China
Pakistan and China have finalized a $1 billion SAFE deposit deal.… Read More
Supreme Court Approves Tax Amnesty Scheme Launched By Previous Govt
A senior official of the Federal Board of Revenue (FBR) revealed that they have received around 1,000 tax returns under… Read More
Dollar-Rupee Exchange Rate Falls Due To Forex Supply-Demand Gap
Yesterday, the PKR-US$ exchange rate in the interbank market closed at Rs. 119.84 per US dollar while witnessing an intraday… Read More
Govt Increases Petrol Price by Rs. 4.26 Per Liter
Caretaker Government has decided to increase Petrol Price by Rs. 4.26 (or by 4.9%) per liter, effective immediately i.e. June 12th,… Read More
Rupee Hits a Record Low Against Dollar at Rs. 120 per USD
US dollar has hit a record high of Rs 120 per USD in interbank trading on Monday morning. The greenback,… Read More
