SBP to Launch Pilot of Digital Currency in Pakistan
The State Bank of Pakistan (SBP) is gearing up to initiate a pilot launch of a digital currency in the coming months....
World Bank Approves $46 Million for Khyber Pakhtunkhwa
The World Bank's Board of Executive Directors has given the green light for $46 million in financing for the Khyber Pakhtunkhwa Citizen...
Sitara Peroxide Limited Temporarily Suspends Production Activities
Sitara Peroxide Limited (PSX: SPL) has made the decision to temporarily halt its production activities for a period of two weeks, as...
PTCL and Sindh Bank Empower 200 Branches with SD-WAN Deployment
Pakistan Telecommunication Company Limited (PTCL) and Sindh Bank have recently signed a significant agreement to deploy SD-WAN (Software-Defined Wide Area Network) at...
SBP’s Robust Financial System Performance in 2022
The State Bank of Pakistan (SBP) has released its annual flagship publication, the Financial Stability Review (FSR) for CY22. This review provides...
PTC’s Response to SBP’s Temporary Economic Refinance Facility
In its recent statement, the Pakistan Textile Council (PTC) addressed the Temporary Economic Refinance Facility (TERF) provided by the State Bank of...
Gold Prices Rise for Third Consecutive Day in Pakistan
The price of gold in Pakistan has recorded a continuous increase for the third day in a row, reaching Rs. 208,400 per...
Ishaq Dar’s Committee to Interview NBP President Candidates
A committee headed by Finance Minister Ishaq Dar is set to conduct interviews for the position of President of the National Bank...
Decreased Cost of Income Tax Exemptions in 2021-22
According to the newly issued tax expenditure report-2023 by the Federal Board of Revenue (FBR), the overall tax expenditure for income tax...
Pakistani Rupee Faces Losses Against US Dollar
The Pakistani rupee concluded the week with a decline against the US dollar in intraday trade, starting at an interbank market opening...