Business
UAE Agrees to Rollover of $2b and $1b additional Loan
Right after Saudi Arabia, the United Arab Emirates (UAE) stepped in to save Pakistan by agreeing to rollover the existing $2 billion loan and giving an…
Business
Business
SECP introduces digital-only insurers and microinsurers
ISLAMABAD, August 18: The Securities and Exchange Commission of Pakistan (SECP) has introduced registration regime for digital-only insurers and dedicated microinsurers. This will promote digitalization and…
Business
Donald Blome highlighted U.S. economic and development assistance
Peshawar- On August 3 and 4, U.S. Ambassador Donald Blome visited Khyber Pakhtunkhwa (KP) to highlight the U.S. government’s extensive economic and development assistance, which has…
Business
Pakistan to Spend Rs3.9 trillion to pay mark-up on Debt
Nearly half of Pakistan’s budget will go to paying interest on domestic and foreign debt totalling Rs 3.9 trillion in the upcoming fiscal year 2022-23. In the…
Business
HEVs are an immediate solution to cut import bill: Ali Asghar Jamali
The HEVs are an immediate solution as they can consume less foreign exchange and reduce CO2 and Oil import bills while there will be no infrastructure investment,…
Business
Key Cigarette Industry Makers Call For Increasing Advance Tax
The cigarette makers have called for an increase in advance tax in the next fiscal year’s budget to curtail illicit trade. It will also help…
Business
Pakistan to convince IMF over energy subsidies amid Political Crisis
As the talks start in Doha, the new government will try to convince IMF over subsidies amid the recent political crisis. Earlier, Pakistan had committed…
Business
Digital Currency Player-RAIN Calls for Cryptocurrency Regularization
The international players have demanded that government authorities finalize a plan of cryptocurrency regularization to check capital flight. One of the key international players in the…
Business
Fractionalization: SECP ensures assets accessible to smaller investors
SECP has made high-value illiquid assets accessible to smaller investors under a concept note on “Asset Fractionalization”. In line with SECP’s continuous efforts for modernizing the…
Business
Urea Prices in Pakistan Today
The price of urea fertilizer stands at Rs4,365 per 50 bag in domestic market. The price of urea in Pakistan have witnessed a decline during the…
