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Is the 5,000 Rupee Note Being Discontinued Soon?
2 min read
ISLAMABAD: Several Members of Parliament (MPs) and government officials have recently expressed their opinions that the 5,000 rupee note should be abolished, citing concerns over…
PSX Sees Sharp Drop as Shares Tumble Nearly 2,000 Points Amid Afghanistan Tensions
3 min read
The Pakistan Stock Exchange (PSX) experienced a sharp decline on Thursday, as bearish sentiment took hold, with shares plummeting by nearly 2,000 points. The KSE-100…
Only 600,000 of 3.3 Million Top Pakistani Earners File Taxes; FBR Report
2 min read
The Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has revealed that Pakistan’s top 5% income earners owe an alarming Rs. 1.6 trillion in…
Punjab to Enforce 5% Penalty on Non-Banking Property Transactions
2 min read
The Punjab government has announced that it will impose a 5% penalty on immovable property transactions conducted without the use of banking channels. This decision…
FBR Implements New Password Policy; Here’s What You Need to Know
2 min read
The Federal Board of Revenue (FBR) has rolled out a revamped password policy to bolster the protection of taxpayers’ credentials against increasing cybersecurity threats. The…
PEL Buys $60M Assets from Kuwait Firm Leaving Pakistan
3 min read
ISLAMABAD: An official from the Ministry of Energy stated that a foreign company has initiated its withdrawal from Pakistan’s oil and gas sector by selling…
Greentree Holdings Ltd Aims for 35% Stake in TRG Pakistan
2 min read
AKD Securities, the manager of the offer, informed the main stock exchange on Monday that Greentree Holdings Limited had submitted a Public Announcement of Intention…
Digital Payment Share Reaches 87% of Total Retail Transactions; SBP Report
3 min read
Karachi: The State Bank of Pakistan (SBP) has reported a significant shift toward digital payments, with digital channels now processing the majority of retail transactions…
Meezan Bank Releases Cybersecurity Advisory Following Unauthorized Transaction Claims
2 min read
Meezan Bank has responded to recent reports of unauthorized transactions on its debit and credit cards, with several customers alleging third-party data breaches. The bank…
Pakistan’s Default Risk Drops 93% as CDS Spreads Hit Lowest Level in Years
2 min read
Pakistan’s sovereign default risk has significantly reduced by 93%, with 5-year CDS spreads dropping to 505 basis points in December 2024, down from a high…
Pakistan’s Economic Outlook 2024: Key Insights from the PSER Report
3 min read
The newly released Pakistan Startup Ecosystem Report (PSER) 2024 provides an in-depth analysis of the nation’s economic strategies, policy changes, and the outlook for the…
FBR to Impose Strict Restrictions on Non-Filers: Ban on Vehicle, Property Purchases, and Bank Transactions
2 min read
The government is set to implement stricter measures against non-filers, imposing a ban on several financial and property-related activities. Non-filers will be prohibited from purchasing…
Meezan Bank Refuses Data Breach, Links Unauthorized Transactions to Third-Party Platforms
2 min read
Meezan Bank has addressed concerns over unauthorized debit card transactions, compensating at least ten affected customers following reports of potential third-party data breaches. The bank…
