The State Bank of Pakistan (SBP) has decided to fix the sorting parameters of banknote processing machines, the regulator said… Read More
MSCI Index Review: No Change in Pakistan’s Market Status
Morgan Stanley Capital International (MSCI) released an update on its November 2023 Index Review, notifying that there is no change… Read More
TPL Corp And ABHI Want to Acquire FINCA Microfinance Bank
TPL Corp Limited (PSX: TPL) has decided to jointly explore the potential acquisition of majority shares in FINCA Microfinance Bank… Read More
Govt Likely to Tax Windfall Profits of Banks on Foreign Exchange Transactions For 2021, 2022
The caretaker government on the instructions of the International Monetary Fund (IMF) will impose a tax on windfall profits of… Read More
IMF Calls on Pakistan to Enforce Stricter Anti-Money Laundering Measures
The International Monetary Fund (IMF) has called on Pakistan to enforce more stringent Anti-Money Laundering (AML) measures and a clear… Read More
SECP Allows China Chengxin to Collaborate With Pakistani Credit Rating Companies
The Securities and Exchange Commission of Pakistan (SECP) has allowed China Chengxin (Asia Pacific) Credit Rating Company Limited as an… Read More
SECP Proposes Issuance of Subordinated Debt by Insurance Companies
The Securities and Exchange Commission of Pakistan (SECP) has proposed the issuance of subordinated debt by insurance companies to significantly… Read More
SHC Approves Merger of Archroma Chemicals With Archroma Pakistan Limited
Sindh High Court has approved the merger of Archroma Chemicals with Archroma Pakistan Limited (PSX: ARPL), the company informed the… Read More
FBR Issues New Customs Values on Import of Glassware
The Directorate General of Customs Valuation, Karachi has issued new customs values on the import of glassware/porcelain ware from China,… Read More
Sitara Peroxide Ltd Suspends Production For Another Month
Sitara Peroxide Limited (PSX: SPL) has extended the suspension of operations for another 30 days, the company informed the Pakistan… Read More
PPRA Prepares Draft for Cloud-First Policy in Pakistan
The Public Procurement Regulatory Authority (PPRA) has prepared the initial draft of the Cloud Procurement Framework (CPF) for the adoption… Read More
Islamabad High Court Should Not Intervene in Other Provinces’ Sales Tax Laws: SC
The Supreme Court has held that the Islamabad High Court (IHC) lacked jurisdiction, and should not have entertained the writ… Read More
