Karachi: Bank Alfalah, a distinguished financial institution in Pakistan, has published its revised schedule of charges, which is scheduled to come into effect on January…
According to figures issued by the Pakistan Bureau of Statistics (PBS), exports from Pakistan climbed by 12.57% in the first five months of fiscal year…
The merger between Silk Bank Limited (SILK) and United Bank Limited (UBL) has been approved by both parties. UBL, one of Pakistan’s largest commercial banks,…
In October 2024, with a surge of 1.47 trillion rupees in advances, banks have been aggressively lending to certain consumers to avoid penalties imposed by…
Banks and financial institutions have been instructed by the State Bank of Pakistan (SBP) to implement the RAAST payment system in e-commerce and online purchasing…
The non-renewal of registrations for thousands of IT companies has resulted in a substantial revenue loss of Rs. 39.67 million for the Pakistan Software Export…
The Federal Board of Revenue (FBR) is expected to fall short of its tax collection goal by more than Rs. 255 billion in the first…
The Ministry of Information Technology and Telecommunication has developed the “Semiconductor Policy and Action Plan,” which provides the semiconductor industry with a variety of incentives,…
KARACHI: The aviation industry of Pakistan has taken a significant leap forward with the announcement of the introduction of a new airline, ‘Air Karachi,’ by…
The Pakistan Stock Exchange (PSX) witnessed a historic rally on Monday, as the KSE-100 index skyrocketed by 3,359 points, registering a 3.59% surge and closing…
Meezan Bank Limited and Bank Alfalah immediately withdrew their recently introduced 5% monthly fee on high-balance accounts. The decision, which was announced in an official…
A new study from the Asian Development Bank (ADB) titled “Road Maintenance Financing and Cost Recovery Options” predicts that Pakistan’s road infrastructure will take a…
During the first four months of the current fiscal year 2024-25, the government imported mobile phones worth $420.799 million. This represents a decrease of 10.46%…
