The International Monetary Fund (IMF) has urged all key bilateral creditors to maintain their exposure to Pakistan in line with… Read More
IMF Wants Govt to Abolish Sales Tax Concessions and Exemptions in Next Budget
International Monetary Fund (IMF) has said that Pakistan’s Federal budget (2021-22) will abolish all sales tax concessionary rates and sales… Read More
Service Global Footwear Ltd IPO Oversubscribed by 5.8 Times
Service Global Footwear Limited (SGFL) successfully raised Rs. 2.175 billion through a two-day book-building, which saw broad-based participation from institutional… Read More
SECP Opens Public Consultation on Major Revamping of REIT Regulations
The Securities and Exchange Commission of Pakistan (SECP) has initiated a final round of public consultation on draft amendments to… Read More
IMF Report Applauds COVID-Shock Responses by Pakistani Government
The report released by the IMF over the completion of the second through fifth reviews of the Extended Arrangement under… Read More
IMF Report Details Pakistan’s Fiscal Policy Considerations Going Forward
In March 2021, the Executive Board of the International Monetary Fund (IMF) completed the combined second through fifth reviews of… Read More
JBS Acquires Power and IoT Startup ENA for Rs. 300 Million
Jaffer Business Systems (JBS) has acquired significant share of ENA (Energy N Automation), a Green Tech, Power and IoT startup… Read More
Pakistani Rupee Posts Big Gains Against the US Dollar 3rd Day in A Row
Pakistani Rupee continued its appreciation for the third consecutive day against the US dollar. The Rupee closed at Rs. 153.01… Read More
NBP and SMEDA Sign MOU to Promote Financial Inclusion
National Bank of Pakistan (NBP) and Small and Medium Enterprises Development Authority (SMEDA) inked a broad-based Memorandum of Understanding (MoU)… Read More
PM Lays The Foundation of Another ‘Naya Pakistan Apartments’ Project
Prime Minister Imran Khan performed the groundbreaking of Farash Town apartments in Islamabad today under the Naya Pakistan Housing program.… Read More
10Pearls Acquires Social Media Agency Likeable
10Pearls, a global end-to-end digital transformation company headquartered in Washington D.C., is expanding its breadth of digital services with the… Read More
Import of Duty-Free Items Increased During FY2020
Data released by the Federal Board of Revenue (FBR) showed that the import volume of duty-free goods had increased to… Read More
HBL Planning to Acquire Silkbank’s Consumer Banking After Fauji Foundation Withdraws Interest
Habib Bank Limited (HBL) plans to acquire the Consumer Banking Portfolio of Silkbank Limited. In this regard, the management of… Read More
Pakistan’s Gross Debt Could Climb to 87.7% of its GDP in FY2021: IMF
The International Monetary Fund (IMF) has projected an increase in the government gross debt for Pakistan from 87.2 percent of… Read More
CPEC Milestone: Pakistan Customs Clears First Consignment for Gwadar Free Zone
In line with the vision and directives of the Prime Minister of Pakistan to boost exports and trade, Pakistan Customs… Read More
