The State Bank of Pakistan (SBP) has decided that the authorized branches of National Bank of Pakistan (NBP) as well as field offices of SBP banking services corporation (SBP-BSC) will observe extended banking hours up to 9:00 P.M. on Tuesday, December…
Branchless banking companies failed to re-activate dormant m-wallet accounts despite back to back promotional activities and incentivized offers, causing a massive correction of the account holder base which declined by over 40 percent.According to the…
FBR Chairman Shabbar Zaidi has announced that the board will launch an automated ‘Point of Sale’ for all large retailers next month.FBR will launch an automated ‘Point of Sale’ (POS) for all large retailers from next month. All largescale retailers are…
To safeguard the interests of the general public, the Securities and Exchange Commission of Pakistan (SECP) has initiated to wind up proceedings against 6 companies which are allegedly involved in illegal and unauthorized business activities.These comp…
The International Monetary Fund (IMF) has not accepted Pakistan’s request to decrease FBR’s annual revenue target of Rs. 5.5 trillion, however, efforts will continue to convince them.This was disclosed by Chairman FBR Shabbar Zaidi while talking to med…
Weeklong performance of Pakistan Stock Exchange has shown sustainable growth patterns in the country.The performance by the stock exchange exhibited the confidence reposed by investors in the PSX.It also demonstrated that the traders virtually rejected…
The Pakistan Stock Exchange was bullish today.The KSE-100 Index closed today at 35978.16 points as compared to 35758.52 points on the last working day with a positive change of 219.64 points.The total turnover was 210,573,470 as compared to 265,966,053…
The government has released funds amounting to 286.548 million rupee during first four months of the of current fiscal year to execute petroleum projects under the Public Sector Development Programme 2019-20.According to the official data, an amount o…
Punjab Chief Minister Sardar Usman Buzdar has said that economy will be strengthened with the promotion of agriculture in the province.He stated this while presiding over a meeting in Lahore on Friday.The meeting reviewed the measures for provision of …
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