Islamabad: CORPORATE PAKISTAN GROUP and Nutshell Group bring yet another groundbreaking event – Thought Leaders Dialogue – Pakistan: the Next Great Infrastructure Connector. The event will be held in Islamabad…

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has published a concept paper titled “Review of Landscape & Revamping Framework-REITs” for soliciting public comments. It provides a glance at…

At today’s meeting, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 15 percent. To cool the overheating economy and contain the current account deficit, the policy…

The Monetary Policy Committee of SBP will meet on Monday, August 22, 2022 at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy…

State Bank of Pakistan conducted Open Market Operation, Reverse Repo Purchase (Injection) on Aug 18, 2022. The result is as under: A: OMO DETAILS: No OMO Tenor Range (%) Number…

Karachi Customs Agents Association informed through press release that in order to resolve certain issues relating to Import & Export the delegation comprising of Mr. Saif Ullah Khan President Karachi…

Lahore: The Board of Directors of MCB Bank Limited (MCB) in its meeting under the Chairmanship of Mian Mohammad Mansha, on August 17, 2022, reviewed the performance of the Bank…

Workers’ remittances recorded an inflow of US$2.5 billion during July 22, continuing their record streak of above $2 billion for the 26 consecutive months.   In terms of growth, during…

Acting Governor State Bank of Pakistan (SBP) Dr. Murtaza Syed unveiled a Rs. 75 Commemorative Banknote to mark the 75th Anniversary of Pakistan’s Independence in a ceremony held at the SBP Museum, Karachi on…

In continuation of steps taken for ease of doing business, State Bank of Pakistan (SBP) has automated the verification of refinance claims under the Export Finance Scheme (EFS). Automated verification…

Pakistan’s economic recovery continued in H1-FY22, notes the Half Year Report for FY22 on the State of Pakistan’s Economy, released by the State Bank of Pakistan (SBP) today. From the…

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 1,691 new companies in the first month of Fiscal Year 2022. After July’s incorporations, the total number of registered companies…

Karachi: The Russian Consul General in Karachi, H.E Mr. Andrey Viktorovich Fedorov visited the Institute of Business Management (IoBM) on August 10, 2022. During his talk, he shed light on…

Karachi: Pakistan Stock Exchange (PSX) has formally launched a new sector, “Property”, for non-REIT real estate related listed companies. This addition takes PSX closer to a better and improved reflection…

The State Bank of Pakistan (SBP), in collaboration with Pakistan Telecommunication Authority (PTA) and UK’s Foreign, Commonwealth and Development Office (FCDO), unveiled the mass media campaign for Asaan Mobile Account…

Karachi: On a consolidated basis, Lucky Cement Limited, once again, reported its highest ever profit after tax of PKR 36.42 billion for the year ended June 30, 2022, of which…

Karachi: As a landmark and first of its kind initiative in Pakistan’s capital market landscape, “Emlaak Financials” the first digital aggregator platform for mutual funds has been formally inaugurated by…

In view of recent volatility in the exchange rate and the difference between the interbank rate and the rate offered by Exchange Companies (ECs) and banks to their customers, State…

Dr. Murtaza Syed, Governor (A) State Bank of Pakistan (SBP) has announced the formation of a committee and appointment of an SBP liaison officer for close coordination with the Federation…

Pakistan’s problems are temporary and are being forcefully addressed. Pakistan’s foreign exchange reserves have fallen since February as foreign exchange inflows have been outpaced by outflows. The inflows mainly comprise…