Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has strongly criticized the State Bank of Pakistan’s decision to maintain the policy…
Business community and general public severely affected; Awaam Pakistan Party Balochistan demands immediate rate cut from State Bank: Karachi: Syed Aman Shah, Provincial Convener of Awaam Pakistan Party Balochistan, has…
Karachi: The leaders of the United Business Group (UBG), including S.M. Tanveer, Zubair Tufail, Khalid Tawab, Hanif Gohar, Syed Mazher Nasir, Malik Khuda Bakhsh and Momin Ali Malik have expressed…
KARACHI: Dost Muhammad, Principal Appraiser Directorate General of I&I Customs, has requested the FBR Probe Committee to form a high level Joint Investigation Team (JIT) of the concerned departments (including…
The State Bank of Pakistan has suspended with immediate effect the authorization of an Exchange Company Namely M/s Royal International Exchange Company (Pvt) Limited till further orders on violations of…
The Senate of Pakistan or Aiwan-e-Bala Pakistan, constitutionally House of the Federation, is the upper legislative chamber of the bicameral parliament of Pakistan. The Senate of Pakistan, having equal representatives…
State Bank of Pakistan (SBP) has noticed that an increasing number of offshore foreign exchange trading websites, mobile applications and platforms such as OctaFX, Easy Forex, etc. are offering their…
The State Bank of Pakistan has suspended with immediate effect the authorization of an Exchange Company namely M/s Noble Exchange International (Pvt) Limited till further orders for violation of SBP…
In an overwhelming response to the first ever Mera Pakistan Mera Ghar (MPMG) Mela organized by State Bank in Faisalabad, banks logged in applications of Rs18 billion from applicants. In…
In order to enhance the flow of home remittances through formal channels and improve foreign exchange liquidity in the interbank market, State Bank of Pakistan together with the Government of…
OBVERSE: The waxing crescent moon and five-pointed star facing North West in rising position is in the center on the obverse side of the coin. The words “ISLAMI JAMHORIA PAKISTAN”…
To mark the 100th Anniversary of establishment of University of Engineering & Technology (UET), Lahore, the Government of Pakistan has decided to issue a commemorative coin of Rs.100. UET Lahore…
To facilitate buyers of under construction housing units in obtaining housing finance, State Bank of Pakistan has issued guidelines for banks and DFIs that allow them to extend loans for…
The State Bank of Pakistan (“SBP”) and its subsidiaries disclaim responsibility for any private publication or statement by any individual. The views expressed in this email are those of the…
Business confidence and the outlook for growth have improved Confidence improved after easing of lockdowns, as well as the timely stimulus provided by the Government and SBP Forecast for inflation…
Since its launch of Refinance Scheme to Support Employment and Prevent Layoff of Workers, called Rozgar Scheme in common parlance, State Bank has been constantly receiving feedback from various stakeholders,…
In the background of rising cases of COVID-19 in the country and with the need to strengthen health sector in fight against COVID-19, SBP today enhanced financing limit of a…
In an effort to further facilitate the exporters as well as the manufacturing sectors, SBP has allowed exporters to directly dispatch the shipping documents of their exports’ consignment to their…
In order to broaden the scope of business-to-customer transactions through home remittance channel, the State Bank of Pakistan (SBP) has enhanced payment limits against freelance services in computer and information…
KARACHI: State Bank of Pakistan has completed its four-day SME finance awareness campaign in Sialkot, Gujranwala and Gujrat from March 13 to March 16, 2019 wherein meetings and interactions were…
