The Pakistani rupee (PKR) started the new week with losses against the US Dollar today after opening trade at 278… Read More
Microfinance Banking Sector’s Losses Reduced By Over Rs. 10 Billion in 2023: SBP
The aggregate profitability of the Microfinance Banks remained in losses for the fifth year in a row, as the sector’s… Read More
Financial Sector Showed Steady Performance in 2023, Posts 27% Growth in Asset Base: SBP
The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY2023, which… Read More
Special Court to Take Up Mega Tax Fraud Case Against Leading Tractor Manufacturer
Special Judge Customs & Excise Taxation Karachi will take up the matter of alleged tax fraud on fake/flying sales tax… Read More
Ex-SBP Deputy Governor Reveals 5 Biggest Problems With Pakistan’s Economy
Pakistan’s economic model is no longer sustainable, unable to grow beyond 4 percent without incurring significant risks. The economy faces… Read More
Interloop is Now Largest Textile Exporter of Pakistan
Interloop Limited (PSX: ILP) has become one of the largest exporters of Pakistan after recording $530 million in total exports… Read More
Govt Has Spent Over Rs. 16 Billion on Advertisements in Last 5 Years
The federal government has spent over Rs. 16 billion on advertisements in the last five years, according to official documents… Read More
FBR Incurs Rs. 78 Billion Annual Loss Due to Tax Exemptions Given to Pensioners
The income tax exemption to pensioners has caused an annual revenue loss of Rs. 78 billion to the national kitty.… Read More
Rupee Plunges Against All Major Currencies Despite IMF News
The Pakistani rupee (PKR) lost further ground third day in a row against the US Dollar today after opening trade… Read More
Rupee Posts Tiny Losses 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) posted small losses second day in a row against the US Dollar today after opening trade… Read More
PSX Closes At All-Time High After Crossing 80,000 Points
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed at an all-time high after crossing 80,000 for the second time… Read More
Pakistan’s Cash in Circulation Surges to Highest Level in History
Currency in circulation (CiC) in Pakistan has increased by Rs. 900 billion to Rs. 9.4 trillion as of June 21,… Read More
