The currency swap arrangement between State Bank of Pakistan (SBP) and People’s Bank of China (PBOC) has been extended for… Read More
SBP Rejects Demands to Relax Rules for Money Exchange Companies
On Wednesday, a delegation from the exchange companies met with State Bank officials in a bid to change its decision… Read More
Meezan Bank to Raise Rs 7 Billion via Sukkuk Bonds
Meezan Bank Limited has planned to raise up to Rs7 billion by issuing Tier 1 Islamic bond or Sukkuk in… Read More
DG Khan Cement’s New Cement Plant in Hub is Now Operational
D.G Khan Cement, on Wednesday, announced it had finalized the installation of Pakistan’s biggest cement plant situated at Hub, Baluchistan.… Read More
Exchanges Mandated to Keep CNIC Details for Sale and Purchases Over $500
By Abdul Rahman & Jehangir Nasir In anti-money laundering efforts, State Bank of Pakistan (SBP), on Tuesday, made it mandatory… Read More
Moody’s Maintains Pakistan’s B3 Stable Rating
Moody’s Investors Service says that Pakistan’s (B3 stable) credit profile is supported by the country’s robust growth performance and potential,… Read More
Pakistan Listed Among Top Money Laundering Sources by British Govt Agency
Pakistan ranked among the top sources of money laundering by the British government.… Read More
PSX to Use RapidCompute Cloud for Site and IT Services
Earlier this week, Pakistan Stock Exchange and RapidCompute signed an agreement to host Pakistan Stocks Exchange’s mission critical website and… Read More
Govt Releases Rs 659 Billion Under PSDP for Various Development Projects
The government has released Rs 659.5 billion (66 percent) including Rs 155.8 billion from foreign aid for different development projects… Read More
Pakistani Startup Wins $100,000 for its Low Cost and Fuel Efficient Stove
Jaan Pakistan has won the financial assistance of $100,000 at Expo Live Dubai.… Read More
Pakistan’s External Debt Balloons to $91.8 Billion
SBP says that Pakistan’s total external debt and liabilities have reached $91.8 Billion as of March 2018.… Read More
FBR Gives 15 Day Deadline for Banks, Brokerages to Give Financial Data of Foreign Customers
The Federal Board of Revenue (FBR) has given a 15-day deadline to banks and brokerages to provide financial data of… Read More
