Secp

SECP Proposes Legal Framework for Waqf Companies

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has proposed a landmark amendment to the Companies Act, 2017 by introducing Section 42A, which would establish…

Pakistan Mobile Phone Imports Rise 109% in FY26 Start

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan has recorded a sharp increase in mobile phone imports, reaching $300.509 million in July-August 2025, compared to $143.703 million in the same period last…

Pakistan Microfinance Sector Shifts to Islamic Banking

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s microfinance sector is gradually transitioning from conventional operations to Islamic banking modes in line with constitutional directives. The shift covers both microfinance banks and…

Pakistan’s Commerce Committee Pushes Institutional Reforms and Export Growth

By Zohaib Shah ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The National Assembly Standing Committee on Commerce, chaired by Muhammad Jawed Hanif Khan, met at Parliament House to assess Pakistan’s trade agreements, export performance, and…

SBP Approves LemFi-UBL Partnership for Remittances

By Sponsored ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

RightCard Payment Service Limited, trading as LemFi, a leading international payments platform, announced today that the Apex Bank in Pakistan, the State Bank of Pakistan…

FBR Crackdown on Jewelers as 60,000 Shops Face Tax Investigation

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has launched a major crackdown on jewelers, compiling data on more than 60,000 businesses across Pakistan to curb widespread…

SECP Proposes Major Changes to Company Share Regulations

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Securities and Exchange Commission of Pakistan (SECP) has issued draft amendments to the Companies (Further Issue of Shares) Regulations, 2020, in a bid to…

NCERT Issues Urgent Security Warning on Adobe Commerce, Magento Platforms

By Zohaib Shah ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The National Computer Emergency Response Team (NCERT) has issued a critical advisory for businesses running Adobe Commerce and Magento Open Source. The warning highlights a…

PIA Audit Reveals Rs9.43bn Loss from Free and Discounted Tickets

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

An Auditor General of Pakistan (AGP) audit report has revealed that Pakistan International Airlines (PIA) caused a loss of Rs9.43 billion to the national exchequer…

Pakistan’s Power Sector Circular Debt Hits PKR 1.6 Trillion in July 2025

By Zohaib Shah ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s power sector circular debt stood at PKR 1.6 trillion in July 2025, compared to PKR 2.3 trillion in July 2024. The latest figures highlight…

FBR Goes After 100,000 Influencers Showing Off Wealth Online

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Federal Board of Revenue (FBR) has launched a crackdown on 100,000 influencers and wealthy individuals who are flaunting their wealth on social media platforms.…

Govt Moves Ahead with Reforms to Cut Power Costs

By Manik Aftab ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The federal government has taken a major step forward in its power sector reforms by introducing measures designed to cut power costs for consumers. As…

Pakistan’s IT Exports Jump 13% YoY in August 2025, Hit $337 Million

By Zohaib Shah ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistan’s information technology (IT) export remittances rose 13 percent year-on-year in August 2025, reaching $337 million. The figure compares with $298 million in the same…

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