International Finance Corporation (IFC) more than doubled its trade financing program in Pakistan during fiscal year 2022 (FY22). In a… Read More
CDA Approves Islamabad Bus Service Project Worth Rs. 7.2 Billion
The Capital Development Authority (CDA) has approved the Islamabad bus service project, which would run across the entire city of… Read More
Japan to Provide $9 Million for Sewerage Upgradation in Multan
Japan has agreed to provide new grant assistance worth 1,236 million Japanese Yen ($9.06 million) to Pakistan for the upgradation… Read More
SECP Releases Diagnostic Review Report on Pakistan’s Private Funds Sector
The Securities and Exchange Commission of Pakistan (SECP) has released a Diagnostic Review of Pakistan’s Private Funds Industry, providing a… Read More
PTA Drafts Regulations for Telecom Equipment’s Standards
Pakistan Telecommunication Authority (PTA) has drafted “Regulations for Telecom Equipment’s Standards, 2022” to provide different standards for different classes of… Read More
SBP Suspends Operations of Exchange Companies Over Violations
State Bank of Pakistan (SBP) has suspended the operations of four branches of two Exchange Companies (ECs), Galaxy Exchange Co… Read More
FBR Removes Officer for Money Laundering
The Federal Board of Revenue (FBR) has sacked an official against charges of money laundering after an inquiry. Inspector-IR (BS-16),… Read More
Finance Minister Chairs First Meeting of Spectrum Auction Advisory Committee
The auction advisory committee Wednesday unanimously decided to go for auction of 2100 megahertz (MHz) band in 5, 5 megahertz… Read More
Govt Decides Against Setting up Fuel Based Power Plants
Secretary, Power Division, Wednesday said that no new power generation plants would be installed that generate electricity using fuel. He… Read More
AJK Higher Education Minister Sentenced to 14 Years in Jail
Azad Jammu and Kashmir’s (AJK) Minister for Higher Education, Malik Zafar Iqbal, has been sentenced to jail after the AJK… Read More
Bosnia and Herzegovina Begins Deporting Migrants Back to Pakistan
Bosnia and Herzegovina (BiH) deported two migrants to Pakistan on Sunday in accordance with the bilateral Readmission Agreement that the… Read More
Coral Energy Becomes Top Fuel Supplier to Pakistan
Coral Energy, a Dubai-based company, has become the top fuel supplier to Pakistan by winning several import tenders issued by… Read More
