1 year ago Senate Committee Calls for More Action Against Banks Involved in 2022 Currency Manipulation The Senate Standing Committee on Economic Affairs has resolved to recommend further action against banks implicated in the 2022 currency
1 year ago Lt. Gen. Muhammad Asim Malik Appointed as New ISI Chief The Inter-Services Intelligence (ISI) is set to welcome a new Director General as Lieutenant General Muhammad Asim Malik assumes the
1 year ago Investment-to-Deposit Ratio Surpasses 100% for the First Time, ADR Falls to Record Low In a first, the Investment-to-Deposit Ratio (IDR) in Pakistan has exceeded 100 percent, while the Advance-to-Deposit Ratio (ADR) has dropped
1 year ago SBP Confirms IMF Loans Solely Allocated for Balance of Payments Management In a recent briefing to the Senate Standing Committee on Economic Affairs, officials from the State Bank of Pakistan (SBP)
1 year ago SBP Allows Continued US Dollar Imports by Exchange Companies Until Mid-2025 The State Bank of Pakistan (SBP) has allowed exchange companies to import US dollars till June 2025. The central bank
1 year ago Govt Likely to Increase Rental Allowance for Grade 1 to 22 Employees The federal government is likely to announce a 45% increase in the house rent ceiling for its employees, ranging from
1 year ago Man Caught Smuggling Dozens of iPhone 16 Pro Max into Pakistan Customs authorities at Islamabad Airport have seized over two dozen imported phones, including the newly launched iPhone 16 Pro Max,
1 year ago Farmers Warn of Dire Consequences from FBR’s Tractor Sales Tax Proposal The farming community in Pakistan has voiced strong opposition to the Federal Board of Revenue’s (FBR) proposal to increase the
1 year ago FBR to Limit Cash Withdrawal and Real Estate Purchases For High-Income Taxpayers The Federal Board of Revenue (FBR) is set to introduce stringent enforcement measures targeting compliant taxpayers as part of its
1 year ago CCP Issue Notices to Major 20 Brands Over Misleading ‘Up to’ Discounts The Competition Commission of Pakistan (CCP) has taken decisive action against retailers advertising discounts as “up to a percentage” during