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Increased Demand for Pakistani Medicines in Kenya, says Lions Club Vice...

Investment Information Will Be Provided, Dr. Manoj Shah Speaks at Dinner Hosted by Malik Khuda Bakhsh: Karachi: Dr. Manoj Shah, Third Vice President of Lions Club International, stated that Pakistani...

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WHT Reaches 70% of Direct Taxes in Sales Tax Mode FPCCI Opposes Any Further...

Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has unequivocally stated that FPCCI vociferously opposes any further increase in taxation on already taxed classes or sectors; advanced tax collection;...

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SECP Issues Warning Against Fraudulent Social Media and WhatsApp Groups

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert regarding the increasing number of fraudulent social media and WhatsApp groups that are operating under...

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KCCI wants substantial reduction of 500 basis point in policy rate

KARACHI: Chairman Businessmen Group Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh have advised the State Bank of Pakistan (SBP) to announce a...

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SSGC Disconnects 3,276 Illegal Gas Connections in Sindh and Balochistan

The Sui Southern Gas Company Ltd., in its efforts to curtail the UFG (Unaccounted for Gas) has been taking active steps to prevent its increase. One major contributor to UFG is gas theft; a menace that...

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UN and EFP Strengthen Collaboration on SDGs and Fair Work in Pakistan

Islamabad: A high-level delegation from the Employers’ Federation of Pakistan, in collaboration with the International Labour Organization Office for Pakistan, met with the United Nations Resident...

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Meezan Bank and Mastercard Strengthen Strategic Partnership with Enhanced...

Karachi: Meezan Bank, Pakistan’s leading Islamic bank and Mastercard, have announced the renewal of their strategic partnership. This collaboration, formalized through a Memorandum of Understanding...

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MTB & PIB (Floater) Auction Result September 5, 2024

Result of SBP Shariah Compliant (OMO)-Injection Result of SBP Shariah Compliant (OMO)-Injection Result of SBP Open Market Operations (OMO) Injection Result of SBP Open Market Operations (OMO) Injection...

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UBG Leaders condemn Karachi’s pathetic infrastructure amidst recent downpour

KARACHI: The leaders of  the United Business Group (UBG) President Mr. Zubair Tufail, Chairman sindh zone Mr. Khalid Tawab, Secretary General (sindh) Mr. Hanif Gohar and  Former SVP of FPCCI Mr. Syed...

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SI Global Signs Partnership with Global Tech Company ProDevice

KARACHI: SI Global Solutions, a leading Pakistani system integration and IT company, has signed a strategic agreement with the global tech firm, ProDevice, to become its exclusive partner in Pakistan....

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Pakistan’s Liquid Foreign Reserves Position

The total liquid foreign reserves held by the country stood at US$ 14,739.9 million as of 30-Aug-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...

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Cut Interest Rates to Revive Economy, Syed Mazhar Ali Nasir

KARACHI: Syed Mazhar Ali Nasir, Former Senior Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Vice Chairman UBG Sindh Region has appealed to the government...

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SECP and U.S. CFTC commence 2nd Training Session on Commodities Futures Market

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the U.S. Commodity Futures Trading Commission (CFTC) commenced the second training session on the development...

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Sindh’s Energy Ministry supports IEEEP Fair: Nasir Hussain

Karachi: Minister of Energy, Government of Sindh, Syed Nasir Hussain Shah has said that his department stands fully committed to support the IEEEP Fair. “We will work closely along with our support...

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Pak-Qatar Family Takaful and Meezan Bank Sign Agreement to Launch Instant...

Karachi: Pak-Qatar Family Takaful Limited (PQFTL), Pakistan’s Pioneer and leading Family Takaful Company and Meezan Bank, Pakistan’s leading Islamic bank, have announced a strategic partnership aimed...

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Monetary Policy Announcement

The Monetary Policy Committee (MPC) of SBP will meet on Thursday, September 12, 2024 to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through a press release...

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CCP Enforces Competition Law: PKR 27 Million in Penalties Recovered

ISLAMABAD: The Competition Commission of Pakistan (CCP) has successfully recovered PKR 27 million in penalties from Reliance Paints and Pakistan Steel Mills (PSM) by exercising its authority under...

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CCP, British Council partner to strengthen industry’s understanding of...

ISLAMABAD: The Competition Commission of Pakistan (CCP), in collaboration with the British Council, conducted an interactive session on Competition Law for UK Alumni based in Karachi. The session...

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Mastercard and UPaisa launch a new debit card to transform the Pakistan...

The new co-branded physical and virtual card will enable UPaisa wallet users to perform e-commerce, POS, and ATM cash withdrawal transactions securely in Pakistan: Islamabad, Pakistan: Mastercard and...

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2 percent cut in interest rate not in line with declining trend in inflation:...

KARACHI: Acting President Karachi Chamber of Commerce & Industry (KCCI) Altaf A. Ghaffar, while commenting State Bank’s decision to reduce the interest rate by 2 percent to 17.5 percent, stated...

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