Finance
DISCOs Push for Fixed Charges on Solar Net Metering Users
Power distribution companies (DISCOs) have asked the National Electric Power Regulatory Authority (NEPRA) to approve fixed charges for solar net metering users as more consumers reduce reliance on the national grid, increasing financial pressure on the power sector. At a…
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SBP Keeps Monetary Policy Rate Steady at 11%
3 min read
The State Bank of Pakistan (SBP) has opted to maintain the monetary policy rate at 11 percent, citing a mix of easing inflation, emerging risks…
Rs53 Billion Refund for Electricity Consumers on the Cards
3 min read
The government is preparing to issue electricity refunds for consumers amounting to Rs53.4 billion across the country, including for K-Electric customers. The adjustment is part…
Pakistan-Kyrgyzstan Trade Aims for $100 Million Revival
3 min read
Pakistan and Kyrgyzstan on Monday reaffirmed their commitment to boosting bilateral trade to $100 million during the fifth session of their Inter-Governmental Commission on Trade-Economic…
FBR Customs Values on Duplex and Packaging Board Revised
2 min read
The Directorate General of Customs Valuation Karachi has revised the FBR customs values on duplex and packaging board imports. The changes apply to One Side…
SBP Unveils New Framework to Ease Bank Account Opening
2 min read
In an effort to streamline the process of bank account opening, the State Bank of Pakistan (SBP) has released new regulations for customer onboarding. Standardization…
Atlas Honda Bikes Achieves Record Profit on Rising Sales
2 min read
Atlas Honda Limited (PSX: ATLH) has reported a record profit after tax (PAT) of Rs4.8 billion for the quarter ended June 30, 2025 — the…
Pakistan’s Pharmaceutical Exports Highest in 20 Years
2 min read
Pakistan’s pharmaceutical exports have reached their highest growth in two decades, driven by strategic policy reforms and expanding global demand. In the fiscal year ending…
Govt Sets New Date for Utility Stores Closure
2 min read
The government has revised the timeline for utility stores closure, now setting July 31, 2025, as the new date to cease operations of the Utility…
UBL Workday Now Includes Sunday to Serve Customers Daily
2 min read
United Bank Limited (UBL) has officially extended the UBL workday to include Sundays, enabling customers to access banking services all seven days of the week.…
PSEB Audit Report Uncovers Major Financial Irregularities
2 min read
A recent PSEB audit report has uncovered major financial irregularities within the Pakistan Software Export Board, citing issues such as misuse of funds, unsecured advance…
PM Directs Launch of Digital Invoicing System in Urdu
2 min read
Prime Minister Shehbaz Sharif on Monday stressed that Pakistan’s digital invoicing system must be introduced in Urdu to make it more inclusive and user-friendly for…
ZTBL Refutes Media Reports on Alleged Rs. 11 Billion Loan Losses
2 min read
Zarai Taraqiati Bank Limited (ZTBL) has strongly refuted recent media reports alleging the loss of loan files worth over Rs. 11 billion. In a statement…
SBP to Roll Out Pilot for Pak’s Own Digital Currency
2 min read
ISLAMABAD / SINGAPORE: The State Bank of Pakistan (SBP) is preparing to launch a pilot project for a central bank digital currency (CBDC). SBP Governor…
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