Pakistan Stock exchange witnessed bullish trend in the opening day of the week. The benchmark KSE-100 index gained 944.61, or… Read More
Govt Admits It Needs $18 Billion From External Sources In FY18
The present government has estimated a financing need of $18 billion, mainly through borrowing from external sources (International Banks) and… Read More
Govt Officials Found Stealing Building Rent Worth Rs. 37 Crore
Monetary misappropriation of almost 370 million Rupees was discovered by the Ministry of National Heritage. The administration of Aiwan-e-Iqbal were… Read More
SBP Orders Money Changers to Reduce Price Margins for Dollar
The State Bank of Pakistan met with money changers on Thursday to discuss the ongoing Dollar price and asked them… Read More
FBR Officials Meet Big Bank CEOs to Boost Filing of Tax Returns
An FBR team, led by Member Facilitation and Taxpayer Education (FATE) Wing, continued meeting heads of leading banks and organisations… Read More
Summit Bank’s BoD Revises Share Swap Ratio for Merger with Sindh Bank
Summit Bank’s board of directors has revised the value of its shares to 4.17 against one share of Sindh Bank… Read More
PM Abbasi Meets With Stock Brokers Over Deteriorating Market Situation
Directors of Pakistan Stock Exchange (PSX), senior brokers and representatives of mutual funds held a meeting with the Prime Minister… Read More
World’s First Islamic Bank Selects IRIS Payment Platform for Digital Transformation
To keep up with the transforming banking industry and meet growing expectations, Dubai Islamic Bank Pakistan has opted for IRIS… Read More
SBP Forecasts GDP Growing by 6% in Fiscal Year 2018
State Bank of Pakistan (SBP) predicts that the real GDP growth is projected to come close to the 6.0 percent… Read More
SBP Holds A Meeting on Uncertainty Over Rupee’s Valuation
Pakistani Rupee is constantly under pressure due to political uncertainty, tension in Pak-US relations and rumors about Rupee devaluation. Once… Read More
Govt’s WHT on Banking Transactions Is Doing More Harm Than Good
The government has enhanced the burden of taxes on the common man to generate revenues for the economy but its… Read More
Remittances to Pakistan Continue to Decline in September 2017
Remittances are one of the major sources of income of foreign exchange for Pakistan. This Tuesday, a report regarding statistics… Read More
