Finance
Pakistan to Re-Enter Global Debt Markets with New Eurobond Issuance
Pakistan is preparing to return to the international debt markets next year through a new Eurobond issuance, ending a nearly five-year break. The move, confirmed by the Finance Ministry’s adviser, aligns with the government’s strategy to diversify external financing as…
SBP Unveils New Framework to Ease Bank Account Opening
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
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
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
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
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
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
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
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
ISLAMABAD / SINGAPORE: The State Bank of Pakistan (SBP) is preparing to launch a pilot project for a central bank digital currency (CBDC). SBP Governor…
Money Link Exchange Ceases Operations in Pakistan
Money Link Exchange has ceased its operations in Pakistan after its license was revoked by the central bank, following the company’s own request. The State…
Govt Confirms 7% Pension Increase From This Date
The Finance Division has formally announced a 7% pension increase, effective from July 1, 2025, for all civil pensioners of the Federal Government, including armed…
SECP Imposes Rs425M Penalties for Compliance in FY2024-25
The Securities and Exchange Commission of Pakistan (SECP) has reaffirmed its commitment to promoting a proactive compliance culture by concluding 1,761 adjudication proceedings during the…