US dollar has hit a record high of Rs 120 per USD in interbank trading on Monday morning. The greenback,… Read More
Pakistan to Receive More Than $11 Billion of Inflows During FY 2018-19
The total inflows of external financing are expected to be over US$ 11.653 billion during the upcoming fiscal year (2018-19).… Read More
Stockbrokers Caught Violating Loan Documentation Rules
The Securities and Exchange Commission of Pakistan (SECP) has discovered violations while performing a compliance review of selected Pakistan Stock… Read More
There Are Over 40 Million ATM, Debit and Credit Cards in Use in Pakistan
The number of users of payment cards issued by banks have been on the rise in Pakistan. The total number… Read More
Rupee Weakens to Record Low as Dollar Inflows Dwindle
Rupee has fallen to an all-time low value against the US dollar.… Read More
Tax Reforms Have Limited Success in Pakistan: Moody’s
Tax reforms have limited success prospects in Pakistan, given weaker tax compliance and administration, and structural economic factors that restrict… Read More
Bestway Cement Completes Brownfield Expansion Project in Record Time
Bestway Cement Limited has announced the completion of the construction and installation of a brownfield expansion project at its Farooqia plant… Read More
SECP and Pakistan-China Institute Sign MoU to Research on the CPEC Initiative
The Securities and Exchange Commission of Pakistan (SECP) and the Pakistan-China Institute (PCI) have signed an MOU at the SECP… Read More
FBR Collects Rs 3.274 Trillion in Taxes During July-May FY18
Federal Board of Revenue on Thursday issued further refunds of Rs 31.3 billion to take the total amount of refunds… Read More
Digital Financial Services to be a $36 Billion Industry by 2025: SBP
The market potential of Digital Finance Services in Pakistan will cross $36 billion by 2025, providing a 7% boost to… Read More
Pakistan Receives $9.6 Billion in Foreign Assistance During First 10 Months of FY17-18
The country provisionally received $9.6 billion of foreign assistance from multilateral and bilateral donors in first ten months (July-April) of… Read More
Pakistan Repays $1.190 Billion As External Loans in Just 14 Days
Pakistan has paid a colossal amount of $1.190 billion as repayment of loans to various international agencies and development& commercial… Read More
