Habib Metropolitan Modaraba Management Company (Private) Limited (HMMCL) and Habib Metro Modaraba (HMM) will merge operations to do business as… Read More
Pakistan Banks Association Opposes New Tax on Banks
Pakistan Banks Association (PBA) has urged the Federal Board of Revenue to avoid introducing additional or new taxes on the… Read More
BlueEx is Planning to Acquire Stake in Major E-Commerce Company
Universal Network Systems Limited (BlueEx) has planned to expand its footprint by acquiring stakes in a major e-commerce logistics, and… Read More
Govt Likely to Hike Gas Prices for Fertilizer Makers: Report
Gas bills for the fertilizer sector are likely to go up as the government tries to convince the International Monetary… Read More
Govt Reduces KP’s Merged Area Development Budget
The federal government has reduced the development budget of the merged districts of Khyber Pakhtunkhwa (KP) for the next fiscal… Read More
Moody’s Downgrades WAPDA’s Outlook from Stable
Moody’s Investors Service has revised Pakistan Water and Power Development Authority’s (WAPDA) outlook to negative from stable. At the same… Read More
FBR Revises Adminstrative Structure of DG Internal Audit-Inland Revenue
The Federal Board of Revenue (FBR) has streamlined the Administrative Structure of the Directorate General of Internal Audit-Inland Revenue (IR)… Read More
SBP Launches Easy Data Portal Allowing Access to Economic Data Sets
The State Bank of Pakistan (SBP) has launched the Easy Data Portal which is accessible to all without any restrictions… Read More
Govt Jacks up National Savings Profit Rates by 150 BPS
The government has revised the profit rate on several national savings certificates and schemes by 36 to 150 basis points.… Read More
Finance Division Stalls Budget Ceiling Request for Development Projects in FY2022-23
The Finance Division has yet to respond to the Ministry of Planning’s request for enhancing the provisional Indicative Budget Ceiling… Read More
Govt and SBP Support Islamic Banking in Pakistan
The policymaker and regulator threw their weight behind the Islamic banking sector, expressing their different viewpoints about the industry and… Read More
Truck It In Joins Airlift, Swvl and Fires Around 30% Workforce
Truck It In follows Airlift and Swvl in a wave of major layoffs as the company overhauls its business to… Read More
