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KARACHI: The State Bank of Pakistan (SBP) revealed that digital transactions continued its growth trajectory owing to the increased consumers’...

FIA impounds luxury vehicles owned by showroom owner

KARACHI: The Federal Investigation Agency (FIA) Commercial Banking Circle team seized four luxury vehicles in a trade-based money laundering case....

Pakistan issues tender for two LNG cargoes for winter

KARACHI: Pakistan LNG Limited (PLL) -- a government subsidiary that procures liquefied natural gas (LNG) from the international market --...

Finance Minister reviews spending patterns of PSDP

ISLAMABAD: Federal Minister of Finance, Revenue, and Economic Affairs Division Dr. Shamshad Akhtar on Wednesday reviewed the spending patterns of...

CCP, ICAP to hold specialized training on competition ‘Law for ICAP Members’

ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Institute of Chartered Accountants of Pakistan (ICAP) will jointly have Continuing...

OMAP chief for early resolution of oil tankers’ issues

LAHORE: In a relentless demonstration that has paralyzed the National Highway and Super Highway, transporters have been staging a protest...

SBP unveils online payment system for merchants on Raast

KARACHI: The State Bank of Pakistan (SBP) has unveiled a new online person-to-merchant (P2M) payment system. This system is designed...

State Bank of Pakistan announces closure of banks

KARACHI: The State Bank of Pakistan (SBP) has announced a public holiday on September 29 on the occasion of Eid...

Peshawar Customs to auction motor vehicles on Sept 20

byQaisar Mansoor

PESHAWAR: Collectorate of Customs Enforcement has announced auction of motor vehicles scheduled to take place on September 20, 2023. This...

FTO directs to establish fact finding committee in case of non clearance of Bentley car

LAHORE: The Federal Tax Ombudsman (FTO) has issued directives to establish a fact-finding committee in response to a complaint regarding...

FPCCI, KP Forest Dept join hands to accelerate forestation

PESHAWAR: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI), Khyber Pakhtunkhwa Region and Department of Forest have signed...

Jazz, NUST 5G innovation lab hosts Pakistan’s first 5G Hackathon

ISLAMABAD: Jazz, Pakistan’s largest digital operator is bringing Pakistan’s first 5G Innovation Hackathon in close collaboration with the National University...

Pakistan, Germany sign convention for eliminating double taxation

ISLAMABAD: Federal Board of Revenue (FBR) has initiated re-negotiations on the agreement for the eliminating double taxation with respect to...

Pakistan receives first shipment of Russian LPG: Russian Embassy

ISLAMABAD: Pakistan has received its first shipment of liquified petroleum gas from Russia, Moscow's embassy in Islamabad said, marking Islamabad's...

Pakistan secures $5.4bn inflows in first two months of fiscal year

ISLAMABAD: As Pakistan grapples with the current financial crisis, Islamabad managed to secure $3.206 billion in loans in the first...

SIFC for resolving key impediments to investment environment

ISLAMABAD: The Executive Committee of the Special Investment Facilitation Council (SIFC) devised a practical option, by drawing consensus among stakeholders,...

SECP amends AML/CFT Regulations, 2020

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced important amendments to the Anti-Money Laundering and Countering Financing...

UK investors show keen interest in Pakistan’s capital market