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BUSINESS
Tobacco contributes negatively in Pakistan’s economy
Islamabad – May 28, 2023: Increased tobacco taxation is a win-win situation for the government and people of Pakistan provided that the government remains steadfast on its decision of increasing tobacco taxation. This argument was raised…
“The big rethink” business leaders summit coming to Islamabad
Islamabad, May 26, 2023: The 6th Edition of Pakistan’s biggest corporate event, LEADERS IN ISLAMABAD BUSINESS SUMMIT 2023 (LIIBS), will take place on May 31 & June 1, 2023, at a local hotel in Islamabad. Curated under the theme of “The…
SECP, AADIFI to host international conference on Islamic capital markets in Islamabad
ISLAMABAD, May 25: The Securities and Exchange Commission of Pakistan (SECP) and Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) will be hosting the inaugural conference on Islamic Capital Markets (ICM), in…
Discriminatory taxation may force beverage industry to shut down permanently
KARACHI : May 24,2023: A high-tax-paying industry in Karachi is facing imminent closure, exacerbating the economic crisis in the country. Prominent entities such as Toyota Indus Motors, Honda Pakistan, Suzuki Pakistan, and several textile…
SBP cancels license of M/s Noble Exchange International over violation of rules
KARACHI : May 18, 2023:The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s. Noble
Exchange International (Pvt.) Limited on account of contraventions of the relevant laws and
regulations.
Therefore, the…
Date for Encashment of Withdrawn Prize Bonds Extended
KARACHI: May 16, 2023: The Federal Government has given another opportunity to the public to get the withdrawn prize bonds
of Rs.7500, 15,000, 25,000 and Rs. 40,000 redeemed/encashed by June 30, 2023. Earlier, the
government had fixed…
JazzCash, CBA partner to bring greater financial empowerment to people
ISLAMABAD : May 8,2023: In a recent development, JazzCash and Community Business Agent CBA) have formed a partnership to provide Cash-In and Cash-Out services to JazzCash customers through CBA's retail network. This collaboration is…
SBP cancels license of M/s Mega Currency Exchange Company for violation of rules
KARACHI: May 8, m2023: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s. Mega
Currency Exchange Company ‘B’ (Pvt.) Limited on account of contraventions of the relevant laws and
regulations.
SBP,…
NEPRA concludes public hearing on KE’s generation tariff petition
ISLAMABAD, May 02, 2023: The National Electric Power Regulatory Authority (NEPRA) concluded its public hearing today on KE’s tariff petition for its existing power generation plants. During the hearing, KE’s leadership shed light on details…
Gold rates cross another peak today in Pakistan
RAWALPINDI : May 1,2023: Gold set yet another peak record in its price in Pakistan market on May 1,2023.
According to Markazi Sarafa Bazar Rawalpindi, gold per tola price for 24 Carat jumped up to Rs 217500 in local market today..…
