Business
Dar Urges European Companies to Explore Pakistan’s Expanding Investment Opportunities
Deputy Prime Minister and Foreign Minister Ishaq Dar has called on top European firms to take advantage of the growing investment prospects in Pakistan’s major sectors. Speaking at a reception in Brussels, he stressed that Pakistan’s vast potential especially in…
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Systems Limited Announces 5-for-1 Stock Split to Boost Market Liquidity
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Systems Limited has announced a 5-for-1 stock split, reducing its share value from Rs10 to Rs2. The company’s Board of Directors approved the move, aligning…
Pakistan’s Digital Financial Services Expand, But Full Adoption Lags
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ISLAMABAD: Digital financial services in Pakistan are expanding rapidly, but full adoption remains a challenge. While mobile banking, Raast, and fintech solutions have increased financial…
Fly Jinnah & Air Arabia Secure CCP Approval to Launch ‘Fly Jinnah T3 Flight Academy’ in Pakistan
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Islamabad: The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited and Air Arabia Academy LLC. The two…
Roshan Digital Account Sees 8,653 New Openings in February 2025
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KARACHI: The Roshan Digital Account (RDA) initiative continues to expand, with 8,653 new accounts registered in February 2025, according to a report by the State…
Stock Market Alert: PSX Cautions Against 4 Listed Firms
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The Pakistan Stock Exchange (PSX) has raised concerns over four publicly listed companies for failing to meet financial obligations, issuing a Risk Warning Alert (RWA)…
IMF Rejects FBR’s Tax Relief Plans for Property, Tobacco, and Beverages
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ISLAMABAD: The International Monetary Fund (IMF) has denied the Federal Board of Revenue (FBR)’s request to lower taxes on property transactions, contradicting earlier government claims…
Systems Limited sees 14% dip in profitability
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Systems Limited (PSX: SYS) reported a profit of Rs7.46 billion [EPS: Rs25.55], reflecting a 14.14% decline compared to Rs8.69 billion [EPS: Rs29.86] in the previous…
Pakistan Launches First PKR-Denominated Green Bond on PSX to Drive Sustainable Finance
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ISLAMABAD: Parwaaz Financial Services Limited (PFSL), a subsidiary of Karandaaz Pakistan, has launched Pakistan’s first-ever PKR-denominated Green Bond under the Parwaaz Green Action Bond initiative.…
Govt Increases Profit Rates on National Savings Schemes, Cuts Savings Account by 100 Bps
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The Central Directorate of National Savings (CDNS) has revised profit rates for various National Savings Schemes (NSS), with the new rates taking effect from March…
SECP Proposes Distinct Regulatory Framework for NBMFCs
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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a concept note outlining proposed amendments to the Non-Banking Financial Companies (NBFCs) framework. These…
World Bank Approves $102M for Pakistan’s RAM Project to Boost Microfinance
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ISLAMABAD: The World Bank’s Board of Directors has approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project, aimed at expanding access…
US Remains Pakistan’s Top Export Destination in February
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ISLAMABAD: The United States remained Pakistan’s leading export destination in February, with shipments totaling $444.6 million—an increase of 4.9% compared to $423.8 million recorded in…
Govt to Launch Digitized Tax Return Forms for Salaried Individuals
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ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has announced that simplified tax return forms for salaried individuals will be introduced by September, ahead…
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