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Govt Approves Rs3.5b Subsidy for QR-Based Payments
The government has tasked the State Bank of Pakistan (SBP) with preparing a detailed report on the impact of a Rs3.5 billion annual subsidy approved…
SBP Directs Banks to Equip 25% Branches with CDMs by 2028
The State Bank of Pakistan (SBP) has ordered all banks and microfinance banks (MFBs) to ensure that at least 25 percent of their branch network…
Pakistan Govt Moves Ahead with Utility Stores Asset Sale in FY26
The federal government has decided to sell and dispose of Utility Stores Corporation (USC) assets within the current financial year. Officials said proceeds will help…
National Assembly Sends Back Audit Reports to AGP Over Procedure Violations
The National Assembly has formally returned all 2024-25 audit reports prepared by the Auditor General of Pakistan (AGP) after finding serious procedural violations in how…
Cement Sales in August 2025 Rise Over 10%
Cement sales in August 2025 recorded a year-on-year increase of 10.33 percent, driven by rising construction activity and stronger export volumes. According to data from…
KP Aasan Karobar Bill 2025 Passed to Simplify Business Registration
The Khyber Pakhtunkhwa Assembly has approved the Aasan Karobar Bill 2025, aimed at making business registration and licensing easier through a single online portal. On…
SBP Cancels Money Masters Currency Exchange License
The State Bank of Pakistan (SBP) has cancelled the authorization and operating license of Money Masters Currency Exchange Company (Pvt.) Limited with immediate effect, following…
SECP Issues New Rules for Digital Asset Management Services
The Securities and Exchange Commission of Pakistan (SECP) has introduced new rules for Digital Asset Management Services (DAMS) to regulate Digital Asset Management Companies (Digital…
Pakistan’s Trade Deficit Hits $2.9bn in August 2025
Pakistan’s economy faces fresh pressure as the trade deficit widened sharply in August 2025, raising concerns over foreign exchange reserves and economic stability. The latest…
Deutsche Bank Announces New CCO in Pakistan
Deutsche Bank has appointed Syed Ali Haider Zaidi as its new Chief Country Officer (CCO) in Pakistan, replacing Kamran Zaidi, who will be moving into…
ECC Approves Dollar-Based Returns for White Oil Pipeline Project
The federal government has approved a dollar-based guaranteed return for the transportation of petroleum products through the Machike-Thallian-Tarujabba White Oil Pipeline, a 477-kilometer project costing…
PIA Privatisation Expected by November
A parliamentary committee was informed on Monday that PIA privatisation is expected to be completed by November this year, with four companies currently in the…
