The State Bank of Pakistan (SBP) announced on Wednesday that it has kept the interest rate unchanged at 11 percent.… Read More
CCP Recovers Rs. 360 Million in Penalties From Pending Cases
The Competition Commission of Pakistan (CCP) has made significant progress in reducing its legal backlog and recovering penalties, marking a… Read More
Pakistan Eyes Giving Tax Relief to US Tech Firms to Unlock Long-Awaited Trade Deal
The Federal Board of Revenue (FBR) has submitted a summary seeking tax exemptions for US tech companies (like Google and… Read More
Systems Limited to Acquire BAT UK’s IT Services Unit
Systems Limited (PSX: SYS) has announced its acquisition of British American Tobacco SAA Services (Private) Limited from British American Tobacco… Read More
Govt to License Banks, Exchange Companies for Crypto Operations
The federal government has begun implementing its virtual asset regulatory framework. It held a high-level meeting in Islamabad on Tuesday… Read More
Sugar Millers Made Billions, Now They Must Pay: Public Accounts Committee
Members of the Public Accounts Committee (PAC) on Tuesday sharply criticized the federal government’s sugar export policy, pointing out that… Read More
Rupee Continues to Boss Top Performing Currencies
The Pakistani rupee (PKR) closed in green 5th day in a row against the US Dollar (USD) and against the… Read More
Zardari, Sharif and Tareen Families the 3 Biggest Sugar Players in Pakistan, Member PAC Claims
In a fiery exchange during a meeting of the Public Accounts Committee (PAC) today, Member of National Assembly (MNA) Aamir… Read More
Govt Presses Banks, Forex Companies to Cut PKR/USD Rate ‘At All Costs’
The federal government is bullying banks and exchange companies to push the US dollar rate below the current rate. Banks… Read More
Govt to Launch New EV Policy on August 14 With Rs. 100 Billion IMF-Backed Subsidy
The federal government will launch a new five-year electric vehicle (EV) policy on August 14, backed by the International Monetary… Read More
Billions Lost As Hundreds of Challans of Oil and Gas Companies Go Missing
The Directorate General of Petroleum Concessions (DGPC) has revealed that hundreds of payment challans submitted by private oil and gas… Read More
SBP’s Dollar Purchases from Interbank Market Cross $7 Billion After 11 Months
The State Bank of Pakistan (SBP) purchased $473 million worth of foreign currency (USD) from the interbank FX market in… Read More
