A major online investment fraud case linked to the “Gold Box” and “GLBX” applications has surfaced in Islamabad, where authorities… Read More
Colgate Palmolive Pakistan Set to Acquire P&G Manufacturing Assets
Colgate Palmolive Pakistan Limited has announced plans to acquire land, manufacturing facilities, and other assets from Procter and Gamble Pakistan… Read More
SBP Reserves Rise Near $16 Billion After Fresh Dollar Inflows in One Week
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed inflows of $17 million in the week that ended… Read More
Banks Get Special Power to Publicly Shame and Seize Property of Loan Defaulters
The National Assembly Standing Committee on Finance and Revenue has approved the Financial Institutions (Amendment) Bill 2026 that grants banks… Read More
SBP Ends Bank Statement Requirement for Overseas Pakistanis to Claim Inheritance
The State Bank of Pakistan (SBP) has revised procedures governing the transfer of inheritance funds abroad by non-resident legal heirs,… Read More
Small Investors Can Now Put More Money Into Mutual Funds Under New SECP Rules
The Securities and Exchange Commission of Pakistan has introduced major reforms aimed at making mutual fund investing easier for small… Read More
Pakistan Receives Loan Tranche of $1.3 Billion From IMF
Pakistan has received approximately $1.3 billion from the International Monetary Fund (IMF) following the successful completion of key program reviews,… Read More
Pakistan Planning to Launch New Small Cars Category With Cheaper-Than-Alto Prices
The Government of Pakistan is considering introducing a new L6/L7 affordable small vehicle category as part of reforms being discussed… Read More
Banks Panic Refund Rs. 187 Crore After Complaint System Gets Flooded With Cases
The Banking Mohtasib Pakistan (BMP) provided monetary relief exceeding Rs. 1.87 billion (PKR 187 crore) to banking customers by resolving… Read More
Many US Wealthiest Billionaires Are Also World’s Least Charitable to the Public
Despite holding unprecedented levels of wealth, many of America’s richest individuals are not among the country’s most generous philanthropists, according… Read More
Overseas Pakistanis Send Home $13 Billion in Remittances After 22% Surge in April
Investment in Roshan Digital Accounts (RDAs) has recorded a significant increase, with total inflows crossing $12.7 billion, according to the… Read More
SECP Allows Pace Pakistan to Settle Debt By Offering Discounted Shares
Pace (Pakistan) Limited (PSX: PACE) has informed the Pakistan Stock Exchange that the Securities and Exchange Commission of Pakistan (SECP)… Read More
