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BUSINESS
Poverty hit Pakistanis paying price of unabated sugar smuggling
LAHORE : April 16, 2023: As Pakistani nation is already bracing with a mutli- dimensional crisis a crisis of sugar shortage is yet waiting to test its patience in very near future.
A team of Pakistan Sugar Mills Association (PSMA)…
SBP to issue commutative coin at 50th anniversary of 1973 constitution
KARACHI: April 13,2023: The constitution of Pakistan, also known as the 1973 constitution, is the supreme law of Pakistan, intended to guide Pakistan's law, political culture, and system. It sets out the state's outline, and serves
to…
Webinar in HR policy conducted by Nutshell, S&P Global : Reimagine , Restructure to retain…
ISLAMABAD, April 10, 2023: S&P Global, in collaboration with Nutshell Group, held a webinar on ‘Career Development: Creating a Path for Employee Growth and Retention,’ recently.
Leading corporate executives and HR experts examined…
SBP makes history; pushes up interest rate to 21 %
KARACHI: April 4,2023: At its meeting today (Tuesday), the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) decided to increase the policy rate by 100
basis points to 21 percent. The MPC noted that inflation in March…
SBP to announce new monetary policy on Tuesday
KARACHI . April 1, 2023: The Monetary Policy Committee of SBP will meet on Tuesday, April 04, 2023 at SBP Karachi to decide
about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release on the…
FBR loses steam, misses revenue collection target of July-March miserably
ISLAMABAD : March 31,2023:. The Federal Board of Revenue (FBR) has failed to achieve revenue target of Rs 5460 billion in the first nine months of the current fiscal year .
According to the data made Available to NEWSMAN , FBR could…
NdcTech modernizes core banking platform for Samba Bank to hyper scale operations, drive business…
ISLAMABAD- March 28, 2023: NdcTech, a premium technology services firm transforming banks and financial institutions globally has successfully modernized the core banking system of Samba Bank onto the latest release of Temenos Transact.…
SBP withdraws cash margin restrictions on imports
KARACHI: March 25,2023: The State Bank of Pakistan (SBP) has taken a bold step and withdrawn cash margin restrictions on imports.
In a directive issued to the
Presidents/Chief Executive Officers
of the banks SBP has said refer to…
Bank ABC partners with Temenos, NdcTech for next generation.core banking system
ISLAMABAD: : March 22:2023:
Bank ABC, one of MENA’s leading international banks, has signed agreements with Temenos and NdcTech to replace its core banking systems for its retail, corporate and wholesale businesses and power its…
OGRA grants Mehar Group’s M/s Echo Oil (Pvt) Ltd license to operate as OMC in Punjab
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has granted M/s Echo Oil (Pvt) Limited a license to operate as an oil marketing company (OMC) and allowed it to setup 97 outlets in Punjab in the first phase.
OGRA issued grant to M/s…
