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BUSINESS
Govt forms task force to reform incorrigible, monstrously corrupt FBR
ISLAMABAD: September 29: The government has constituted a 10-member task force to reform Pakistan tax collection system of the Federal Board of Revenue (FBR).
Federal minister for Finance, Dr Shamshad Akhtar, will be chairperson of the…
SECP imposes pricing caps on digital personal loans
ISLAMABAD, September 25: In a significant move towards promoting responsible lending and consumer safety, the Securities and Exchange Commission of Pakistan (SECP) issued an all-encompassing set of requirements for Non-Banking Financial…
Dr Shamshad suggests listing of debt securities at PSX
ISLAMABAD : Sept 22 : Caretaker Finance minister Dr. Shamshad Akhtar, on Friday said the securities market can play a vital role in the development of debt market through the listing of Government debt securities on PSX.
Speaking at…
FFC wins prestigious ” Company of the year award ” by RCCI
RAWALPINDI : Rawalpindi Chamber of Commerce and Industry (RCCI) held its 35th International Achievement Awards Ceremony and Business Opportunity Conference at Cairo, Egypt.
Fauji Fertilizer Company Limited (FFC) has been conferred…
Shamshad Akhtar sees signs of economic recovery as ‘Things start moving in positive direction’ISL;
ISLAMABAD: Sept 15: Interim Finance Minister Shamshad Akhtar on Friday said there were some signs of economic recovery as things are starting to pick up to move in the positive direction .
Addressing a press conference in Islamabad with…
SBP maintains policy rates at 22 % for now
KARACHI : Sept 14: At its meeting today, the Monetary Policy Committee (MPC) decided to maintain the policy rate at
22 percent. This decision takes into account the latest inflation outturn reflecting the continuing declining
trend in…
Saudia takes 3rd position among top 10 global airlines in on-time performance
Jeddah, (Saudi Arabia): September 13: Saudi Arabian Airlines (SAUDIA) has taken third position among the top 10 international airlines in terms of on-time performance in July 2023, according to Cirium’s monthly On-time Performance Report.…
“Hawala”, “Hundi” boomed in Ishaq Dar’s LCs ban regime
KARACHI: Sept 7: Apprehensions of a crackdown on illegal currency trading has stopped upward trend in dollar value in the local currency market.
After weeks of surge, US dollar lost its value by Rs 1 and settled at Rs 306 in interbank on…
SBP decides to create another monster of forex exchanges
KARACHI: Sept 6 : At a time when forex exchanges' credibility is at the lowest ebb, the State Bank of Pakistan has decided to introduce structural reforms in the Exchange Companies’ sector and
as part of these reforms, leading banks…
SECP issues Shariah compliance certificate to startup
ISLAMABAD, September 6: The Securities and Exchange Commission of Pakistan (SECP) has issued a Shariah compliance certificate to a licensed non-banking finance company (NBFC) offering Buy Now Pay Later (BNPL) services on the Shariah…
