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IMF Flags Pakistan’s Weak Fiscal Controls, Urges Urgent Cash & Budget Reforms
Pakistan’s fiscal system has once again come under scrutiny as the IMF flagged serious weaknesses in cash management, budget oversight and financial controls, warning that the gaps are undermining transparency, governance and economic stability. The new findings highlight the core…
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UBL Workday Now Includes Sunday to Serve Customers Daily
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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.…
Federal Cabinet Approves EOBI Pension Increase
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In a significant session held on July 16, 2025, at the Prime Minister’s House, Islamabad. The Federal Cabinet, chaired by Prime Minister Muhammad Shehbaz Sharif,…
Transporters Call Nationwide Wheel-Jam Strike Over Tax Hike
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The Pakistan Transport Council has declared a nationwide wheel-jam strike on July 19, 2025, vowing to suspend all transport operations in protest against a new…
PSEB Audit Report Uncovers Major Financial Irregularities
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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…
SECP Releases Women EquiSmart Policy 2025–2028
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Islamabad: The Securities and Exchange Commission of Pakistan (SECP) issued the Draft Women EquiSmart Policy 2025–2028 on July 15, 2025, its first comprehensive gender equality…
Pakistan, Japan Sign JDS 2025 Grant Agreement for Scholarship Program
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The governments of Pakistan and Japan have signed a JPY 379 million (US$2.63 million) grant agreement to support the Human Resource Development Scholarship Program (JDS)…
Zarea Launches Dubai Subsidiary to Boost Global B2B Expansion
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Islamabad / Dubai: Pakistan’s leading B2B commodities platform, Zarea Limited, has officially incorporated a wholly owned subsidiary in Dubai as part of its aggressive global…
Fast Cables Joins UAE’s TAQA Vendor Network
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LAHORE: Fast Cables Limited has reached a major milestone by becoming the first cable manufacturer in Pakistan to earn approved vendor certification from Abu Dhabi…
CCP Penalties on Businesses Top Rs1 Billion in FY25
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The CCP penalties on businesses have surged past Rs1 billion in FY25, following a sweeping crackdown by the Competition Commission of Pakistan (CCP) that targeted…
Rs750 Prize Bond Draw Results for July Announced by National Savings
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On July 15, 2025, the National Savings Division conducted the Rs 750 prize bond draw in Rawalpindi. The draw revealed that the first prize, amounting…
PM Directs Launch of Digital Invoicing System in Urdu
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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…
ADB Warns Pakistan of Risk from High Digital Taxes
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The Asian Development Bank (ADB) has cautioned Pakistan that its steep and inconsistent taxes on digital infrastructure pose a serious risk to foreign investment, growth,…
FBR Makes Property Value Declaration in Tax Returns Mandatory
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The Federal Board of Revenue (FBR) has made property value declaration in tax returns compulsory for the tax year 2025, requiring taxpayers to report immovable…
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