The Asian Development Bank (ADB) has pledged $2 billion in annual loans to Pakistan, beginning in 2024, with half of… Read More
SECP to Boost Islamic Finance With New Capital and Dispute Resolution Mechanisms
The Securities and Exchange Commission of Pakistan (SECP) will introduce the concept of Tier-I and Tier-II capital for all non-bank… Read More
DG Khan Cement Posts Rs. 542 Million Profit for FY24
D.G. Khan Cement Company Limited (DGKC) announced its financial result for FY24 today, posting a profit of Rs. 542 million… Read More
Pak Rupee Posts Small Gains 5th Day in a Row Against US Dollar
The Pakistani rupee (PKR) rose 5th day in a row against the US Dollar (USD) today after opening trade at… Read More
Audit Urges Unified Refund Platform as FBR’s STARR Lags Behind FASTER in Efficiency
The Federal Board of Revenue’s (FBR) “FASTER” refund payment system took eight to 19 days to process refunds whereas the… Read More
Rupee Up 4th Day in a Row Against US Dollar After IMF News
The Pakistani rupee (PKR) rose 4th day in a row against the US Dollar (USD) today after opening trade at… Read More
Rupee Maintains Positive Momentum Against US Dollar 3rd Day in a Row
The Pakistani rupee (PKR) rose third day in a row against the US Dollar (USD) today after opening trade at… Read More
Real Estate Market Falls in Islamabad and Lahore
The real estate market maintained a mixed trend as the commercial capital witnessed moderate growth in values, but major cities… Read More
Govt to Link Increase in Pensions to Inflation Rate
The Finance Ministry will most likely scrap the lump sum increase in pensions of retired civil servants and instead increase… Read More
Finance Division Announces Up to 26% Adhoc Relief Allowance for Govt Employees
The government has decided that the grant of Adhoc Relief Allowance-2023 will also apply to the employees of Autonomous/Semi-Autonomous Bodies… Read More
Rupee Appreciates 2nd Successive Day Against US Dollar
The Pakistani rupee (PKR) rose second day in a row against the US Dollar (USD) today after opening trade at… Read More
ADB Report Exposes Whopping 398% Rise in Trade-Based Money Laundering in Pakistan
Pakistan’s Financial Monitoring Unit (FMU) identified the types of goods commonly linked to suspicious trade include solar panels, textiles, chemicals,… Read More
