2016 has barely finished and already the new year has started to bring good news. In its first day of… Read More
Pakistan Imports the Most From China And Exports the Most to USA
In the fiscal year 2015 (FY2015), the United States (U.S.) stood out as the top export destination for the Pakistan-based… Read More
Govt to Pay Back Those Who Had Contributed to Qarz Utaro Mulk Sunwaro Scheme in 1997
Secretary Finance Dr Waqar Masood has stated that the Central Bank would issue a circular to all banks for directing… Read More
Bitcoin Crosses $900 & Reaches 3 Year High
The drastic shifts in the global geopolitical scenario, following the assassination of the Russian Ambassador, Andrey Karlov, the recent Berlin… Read More
Ishaq Dar Tells FBR to Prepare Plan for Improving Direct Tax Collection
In an attempt to encourage more taxpayers to play their part and increase collection of revenue, the Finance Minister, Ishaq… Read More
NBP’s Assistant Vice President Caught in A Scam Worth Billions of Rupees
Assistant Vice President of the National Bank of Pakistan, Sadaf Siddiqui, led four men into defrauding her bank and client,… Read More
No Plans to Demonetize Rs. 5,000 Note in Pakistan: Finance Ministry
A week ago we had covered the news that a resolution was passed by the Senate, calling for the 5,000… Read More
UBL and Mastercard Launch Service for Making Payments Via QR Code
United Bank Limited (UBL), in collaboration with Mastercard has launched the Masterpass QR digital payment service. The Masterpass QR digital… Read More
Chinese Consortium Wins 40% Stake in PSX for Rs 8.96 Billion
The bidding for the sale of 40 percent of PSX’s stocks started on 5th December and a Chinese-led Consortium has won… Read More
New Mr 10%? NAB Frees 2 Bureaucrats Accused of Rs. 40 Billion Corruption
Today the National Accountability Bureau (NAB) broke the news that it had set free 2 bureaucrats from Balochistan who were… Read More
Saudi Arabia to Impose 6% Tax on International Remittances Sent Back to Pakistan
Saudi Arabia is eyeing the huge amount of remittances sent by expats in the kingdom every year. The Saudi Arabia… Read More
Saudi Telecom to Buy 10% of Careem at $1 Billion Evaluation
Saudi Arabia’s largest telecommunications firm, Saudi Telecom Co (STC) plans to buy a 10% stake in the famous Middle-East based… Read More
