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Sindh Assembly Salaries Increased by 200pc
The Sindh Assembly salaries have been increased by 200 percent after a sub-committee unanimously approved a bill presented earlier this month. The Sindh Assembly passed…
Nvidia Earnings Swing Could Reach $260 Billion Market Move
Options markets are pricing in a major Nvidia earnings swing after the chipmaker reports second-quarter results. Traders expect about a 6% move in the share…
FBR Issues New Tax Rules for Online Marketplaces & Couriers
The Federal Board of Revenue (FBR) has introduced fresh compliance requirements for online marketplaces, couriers, and payment intermediaries, aimed at improving tax transparency in Pakistan’s…
Pakistan Textile Council Raises Concerns Over Export Facilitation Scheme Amendments
The Pakistan Textile Council (PTC) has expressed concern over the recent changes to the Export Facilitation Scheme (EFS), highlighting operational hurdles faced by textile and…
Goldman Sees Oil Falling Below $55 in 2026 and Pakistan Stands to Benefit
Oil price outlook from Goldman Sachs predicts Brent crude will fall into the low $55 range in 2026. The bank projects a global surplus of…
Bank Al Habib Profitability Sees Decline in First Half of 2025
Bank Al Habib has posted a decline in profitability for the half-year ended June 30, 2025, as per its latest financial results. The bank reported…
Meezan Bank Profitability Drops 10% in H1 2025 Report
Meezan Bank profitability declined in the first half of 2025, as the bank posted a Profit After Tax (PAT) of Rs46.2bn, marking a 10% drop…
ECC Clears Rs11bn PTV Bailout, Petroleum Levy Recovery
The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved an Rs11 billion financial bailout for Pakistan Television (PTV) and endorsed a recovery framework…
SBP Dollar Purchases Push Reserves to $14.5 Billion
The State Bank of Pakistan (SBP) has revealed that its dollar purchases from the open market since June 2024 totaled $7.8 billion, raising foreign exchange…
Bank of Balochistan Approved to Boost Provincial Economy
In a major step towards economic independence, the provincial government has approved the establishment of the Bank of Balochistan, addressing a long-standing demand of the…
SECP Mandates Digital Payments for All Entities by Oct 2025
Pakistan has taken another major step toward a cashless economy. The Securities and Exchange Commission of Pakistan (SECP) has directed all regulated entities to mandatorily…
SBP Opens Fintech Sandbox for Innovative Solutions
The State Bank of Pakistan (SBP) has opened applications for the first cohort of its Regulatory Sandbox (RSB), aiming to drive innovation in Pakistan’s financial…
