The IT industry has raised many questions about the role of the Special Technology Zones Authority (STZA) and has asked… Read More
Development Spending Throw-Forward Soars to Rs. 6 Trillion
Unavailability of funds for the developmental budget has caused the throw-forward of the Public Sector Development Program (PSDP) to reach… Read More
Saudi National Bank Shelves Plan to Sell its Stake in Samba Bank
Samba Bank’s parent company, Saudi National Bank (SNB), has decided to revoke its plan to divest its majority stake of… Read More
Shocking Report Reveals Pakistan’s Super Rich Own Property Worth Trillions in Dubai
While the long-standing structural weaknesses of Pakistan’s economy continue to scare away foreign investments, data suggests the country’s super-rich owns… Read More
State Bank Likely to Raise Interest Rate to Avoid Disaster: Report
The State Bank of Pakistan (SBP) will most likely raise the policy rate by 100 basis points (bps) from 12.25… Read More
NBP Shuts Down Operations in 3 Countries
The National Bank of Pakistan (NBP) shut down three foreign branches in different countries namely Bangladesh (Sylhet), Afghanistan (Jalalabad), and… Read More
Customs Foil Attempt to Smuggle Rs. 7.3 Million Worth of Foreign Currency
Continuing with its ongoing incessant operations against currency smuggling, Pakistan Customs has seized Qatari Riyals worth USD 38,500 on Sunday… Read More
SECP Proposes Sindh Govt to Revoke Stamp Duty on Insurance Services in Budget FY23
The Securities and Exchange Commission of Pakistan (SECP) has proposed the Sindh government revoke the levy of stamp duty on… Read More
Govt Decides to Keep Petrol Prices Unchanged Despite IMF Pressure
The new government has decided to keep the prices of petroleum products unchanged till 15 May. An official document stated… Read More
National Telecom & IT Security Board Warns FBR of Possible Cyber Attack
National Telecom and Information Technology Security Board (NTISB) has warned the Federal Board of Revenue (FBR) that government job advertisement-related… Read More
Banks Not Responsible for AML/CFT Obligations of Regulated Financial Institutions: SECP
Banks are not responsible for anti-money laundering and countering the financing of terrorism (AML/CFT) obligations of the financial institutions regulated… Read More
Minister Lauds Success of Mobile Device Manufacturing Policy
Federal Minister for Industries and Production Makhdoom Syed Murtaza Mahmud Friday lauded the Mobile Device Manufacturing Policy and hoped that… Read More
