The State Bank of Pakistan has jacked up the mark-up rate for financing under Export Finance Scheme (EFS) by 2.5… Read More
SBP Allows Commission To Foreign Dealers for Attracting Investment
The State Bank of Pakistan (SBP) has allowed general permission to Authorized Dealers (ADs) for remitting the share of the… Read More
SBP Imposes 100% Cash Margin Restriction on 177 Items
In order to arrest the unabated imports bill, the State Bank of Pakistan (SBP) has decided to impose 100 percent… Read More
NHA Protests Against FBR’s Method of Advance Tax Recovery
The National Highway Authority (NHA) has strongly protested against the Federal Board of Revenue (FBR) enforcement action of attachment of… Read More
FBR Suspends Documentation Exercise for Registering 3.5 Million Non-Filers
The Federal Board of Revenue’s (FBR) biggest documentation exercise of launching a new web portal for registering 3.5 million non-filers… Read More
Leading Economist Paints Bleak Picture of Pakistan’s Economy
Pakistan finds itself in deep economic malaise which could further worsen according to Economic Analyst Shahid Mehmood. In a series… Read More
Pakistan’s Forex Reserves Plunge by $1 Billion
Pakistan’s liquid foreign reserves witnessed massive outflows of $1 billion in the week that ended on April 1, 2022, depicting… Read More
ECP Unable to Hold Timely Elections in the Country
The Election Commission of Pakistan (ECP), on Thursday, informed President Dr. Arif Alvi that free and fair elections in the… Read More
Toyota Pakistan Stops Booking New Cars: Report
After celebrating the highest monthly sales in almost two decades, Toyota Indus Motor Company (IMC) has suspended bookings for its… Read More
FBR Revises Customs Values of Branded Dates During Ramazan
Directorate General of Customs Valuation, Karachi has revised customs values, ranging between US$ 0.18 per kg and US$ 3.52 per… Read More
ICCI Voices Concern at Pakistan’s Rising Trade Deficit
The President of the Islamabad Chamber of Commerce & Industry (ICCI), Muhammad Shakeel Munir, has voiced his concern about Pakistan’s… Read More
Rupee Bloodbath Results in Biggest Single-Day Loss Against US Dollar in Over a Year
The Pakistani Rupee (PKR) continued its record-breaking fall against the US Dollar (USD) and reported losses in the interbank market… Read More
