MMBL impresses upon need to build more inclusive financial system: CEO
KARACHI: Chief Executive Officer Jazz and Chairman Mobilink Microfinance Bank (MMBL) Aamir Ibrahim has emphasised urgent need to build more inclusive financial system and presented recommendations for same. Speaking at webinar ‘Spotlight Pakist...
IMF demands for imposition of tax on retailers, agriculture, real estate
ISLAMABAD: IMF has demanded for clamping tax on retailers, agriculture and real estate. FBR has said if shortfall comes in tax collection then fixed tax can be imposed on retailers after December. According to FBR powers for introducing scheme to imp...
Azerbaijan President, interim PM Kakar discuss trade, energy, defence
Islamabad: Caretaker Prime Minister Anwarul Haq Kakar met with President of republic of Azerbaijan Ilham Aliyev on sideline of 16th summit of Economic Cooperation Organisation in Tashkent, capital of Uzbekistan. Both leaders have reviewed recent deve...
IMF urges Pak to introduce taxes on retailers, real estate, and agri income
The IMF has called for the imposition of taxes on retailers, agricultural income, and the real estate sector in Pakistan. According to sources, the Federal Board of Revenue (FBR) has developed a plan for the current fiscal year, which will be shared...
SBP announces bank closures in specific areas
The State Bank of Pakistan (SBP) has announced the closure of bank branches on Friday, November 10, 2023, in Lahore Division and specific districts of Punjab that have been severely affected by smog. All banks and Micro Finance Banks (MFBs) are requ...
Reko-Diq Project: Pak hopeful of reaching deal with Saudi Arabia by Dec: Kakar
ISLAMABAD: Pakistan’s caretaker Prime Minister Anwaar-ul-Haq Kakar has said the government is hopeful of inking a deal by December for Saudi Arabia to buy any potential stake in the Reko Diq project. The project, one of the world’s bigg...
Gold price increases Rs200/tola
Gold prices in Pakistan slightly increased yesterday, with per tola rate of the yellow metal witnessing a gain of Rs200 to reach Rs214,200. The 10-garam gold was sold at Rs183,642 after an increase of Rs172, according to the rates shared by the All...
Bullish run continues at PSX, KSE-100 gains over 525 points
Bullish run continued at the Pakistan Stock Exchange, as the benchmark KSE-100 Index settled at a new historic high level of 54,261 level amid record activity yesterday. Led by institutional buying, the benchmark index crossed the 54,000 level durin...
Alvi ties with Indonesia to promote trade, investment
ISLAMABAD: President Dr Arif Alvi yesterday called for further promoting trade, investment, economic, cultural and political relations with Indonesia to bring the two countries further closer. The president expressed these views while talking to the...
UFL, PET join forces to achieve Net Zero emissions by 2050
Karachi: Unity Foods Limited (UFL) and its affiliated companies have embarked on transformative journey towards more sustainable and environmentally responsible future. In initiative, UFL has teamed up with Pakistan Environment Trust (PET) to commit...
