A parliamentary committee meeting held on Monday revealed a difference of opinion over the way the China-Pakistan Economic Corridor was using… Read More
SBP Issues Warning to Banks Not Accepting Old US Currency Notes
The State Bank of Pakistan has warned banks and money exchange companies to accept older and smaller US dollar notes… Read More
Pakistani Workers in Gulf Countries Are Being Replaced by Indians & Bengalis
The State Bank of Pakistan, in an announcement last week, reported a fall in remittances during the first seven months… Read More
JazzCash to Facilitate Millions of Customers Through 1Link
JazzCash, Pakistan’s fastest growing mobile & digital financial service provider has partnered with 1LINK (Guarantee) Limited. Now online customers can… Read More
Pakistan Govt Puts SME Bank Up For Sale
The Privatization Commission (PC) invited expressions of interest (EoIs) for dispossession of 93.88 per cent government shareholding in Small and… Read More
Banking Sector Expects Benefits with CPEC Investments in Pakistan
Pakistan’s banks are likely to have their potential share in the development projects under China Pakistan Economic Corridor (CPEC) which… Read More
HBL Declares Profit Of Rs. 34.2 Billion for 2016
HBL today declared a consolidated profit after tax of Rs 34.2 billion for the full year 2016, with earnings per… Read More
World Bank to Provide $145 Million in Financing to Engro Foods’ Buyer
The International Finance Corporation (IFC) will give $145 million worth of funding to the Dutch Dairy company Friesland Campina (one… Read More
Overseas Pakistanis Remit $11 billion in First Seven Months of FY17
Overseas Pakistani workers remitted US$10,946.38 million in first seven months (July to January) of FY17, down from US$11,154.72 million received… Read More
Pakistan To Get $600 Million Loan From China
Pakistan has opted to get a $600 million loan from China to lift its decreasing financial reserves. The reserves have… Read More
Tick Tock: Pakistan’s Public Debt Has Crossed Rs. 18 Trillion
Pakistan’s net public debt has crossed the PKR 18.28 trillion, rising about 35% during the tenure of the governing Pakistan… Read More
Income Tax Non-Filers Can Now Be Imprisoned & Fined
Federal Board of Revenue (FBR) has started imposing fines and penalties against those citizens who do not file annual income tax… Read More
