Pakistan’s banking sector saw deposits climb to Rs31.03 trillion in January 2025, a 12.6% increase from the previous year, based on data from the State Bank of Pakistan (SBP) released Thursday. Compared to the prior month, deposits grew by 2.4%, showing steady growth in the financial Read More...
Pakistan has managed to lower the customs valuation of its rice exports to Kenya from $615 to $460 per metric ton, making its rice more competitive in the Kenyan market and boosting trade between the two countries.
A news report states that this change came after Pakistani rice exporters Read More...
The Securities and Exchange Commission of Pakistan (SECP) released a consultation paper on Wednesday, asking for public comments on a proposed policy for issuing ordinary shares with different rights and privileges. The goal, as stated in a press release, is to improve corporate governance, Read More...
Pakistan is set to establish a legal framework for cryptocurrency trading to draw in international investment, according to Bilal bin Saqib, CEO of the newly formed Pakistan Crypto Council. In a Bloomberg TV interview, he explained that the country wants to create clear regulations for digital Read More...
The Pakistan Dairy Association (PDA) stormed into battle Wednesday, slamming the government to gut the crippling 18% General Sales Tax (GST) on packaged milk. They’re screaming bloody murder—this tax is a chokehold driving up milk prices, strangling producers, and bleeding consumers dry. The Read More...
The federal government just unleashed a gut punch on the little guy, cranking the Petroleum Development Levy (PDL) on regular petrol to a brutal Rs70 per liter—while tossing a cushy Rs50 per liter bone to high-octane guzzlers, the playground of smug luxury car owners. Motorcyclists and beat-up Read More...
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The Khyber Pakhtunkhwa government just dropped a bombshell: the “Cashless Khyber Pakhtunkhwa Initiative”—a full-throttle assault on old-school cash dependency. This isn’t some half-baked idea; it’s a merciless push to drag every business—big or small—into a mandatory digital Read More...
Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar roared into action Wednesday, torching the outrageous Rs178-180 per kg sugar racket as a slap in the face to every Pakistani. He’s ramming through a brutal price cap—Rs164 per kg retail, Rs159 per kg ex-mills—effective Read More...
Port Qasim Electric Power Company (PQEPC) has told the government it might shut down its coal power plant if they don’t get Rs 93.5 billion they’re owed soon. Business Recorder says the payment’s way past due, and PQEPC can’t pay its shareholders their share, which could get worse fast Read More...
Port Qasim Electric Power Company (PQEPC) has told the government it might shut down its coal power plant if they don’t get Rs 93.5 billion they’re owed soon. Business Recorder says the payment’s way past due, and PQEPC can’t pay its shareholders their share, which could get worse fast Read More...
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