Federal Minister for Privatisation, Muhammed Mian Soomro, chaired a meeting with the heads of banks at State Bank of Pakistan,… Read More
SBP Revises Prudential Regulations For Consumer Financing
The State Bank of Pakistan (SBP) has revised Prudential Regulations (PRs) for Consumer Financing. This targeted step will help moderate… Read More
K-Electric Requests NEPRA to Raise Electricity Prices
Karachi’s power distribution company, K-Electric (KE), has requested the National Electric Power Regulatory Authority (NEPRA) to increase the price of… Read More
Apple Authorizes Airlink to Resell its Products in Pakistan
Airlink Communication Limited has entered into an agreement to resell Apple-branded products in Pakistan as an Apple Authorized Reseller. According… Read More
Govt Should Reduce Interest Rates to Below 5%: ICCI President
The President of the Islamabad Chamber of Commerce and Industry, Sardar Yasir Ilyas Khan, is displeased with the State Bank of… Read More
CEO Etisalat and Govt Stakeholders Agree to Resolve Outstanding Issues
Federal Minister for Finance and revenue, Shaukat Tarin, held a virtual meeting with Group CEO Etisalat International, Hatem Dowidar, at… Read More
Only 26 Partners Ratified Measures in Double Taxation Agreement: FBR
The Federal Board of Revenue (FBR) has entered into 66 double taxation agreements with foreign tax jurisdictions, but only 26… Read More
Finance Minister Stresses Employing Best Practices to Establish Pakistan’s International E-Payment Gateway
Federal Minister for Finance and Revenue Mr. Shaukat Tarin presided over a significant meeting on the establishment of Pakistan International… Read More
Privatization Board Approves Pricing Mechanism for Divestment of Govt’s Shares in Pakistan Re-Insurance Company Ltd
The Privatization Commission Board approved on Tuesday a pricing mechanism for divestment of up to 20 percent of the Government… Read More
FBR Clarifies Whether New Law Will Result in More Taxes on General Public’s Electricity Use
Tax Laws (Third Amendment) Ordinance 2021 has not imposed any tax on electricity consumption by the general public, as only… Read More
New IFC Report Highlights Sizeable Opportunities in Pakistan’s Housing Finance Sector
The supply of housing for low-income groups in Pakistan remains negligible despite high demand while the mortgage finance market remains… Read More
SECP Introduces SPACs for Capital Formation Through PSX
The Securities and Exchange Commission of Pakistan has amended the Public Offering Regulations, 2017, to introduce a regulatory framework for… Read More
