Business

SBP waives charges on internet, mobile banking services

SBP waives charges on internet, mobile banking services

The State Bank of Pakistan (SBP) has instructed all banks to provide minimum set of services on their Internet Banking…
IMF likely to resume loan programme by March 24

IMF likely to resume loan programme by March 24

The International Monetary Fund (IMF) may revive Pakistan’s stalled loan programme on March 24 as the fund’s executive board is…
Late tax filers penalised: Banks block foreign currency account transactions

Late tax filers penalised: Banks block foreign currency account transactions

Banks in Pakistan have refused to entertain foreign exchange transactions in accounts held by individuals who are not included in…
FBR goes after Payoneer, freelancers over billions of rupees transferred from abroad

FBR goes after Payoneer, freelancers over billions of rupees transferred from abroad

The Federal Board of Revenue (FBR) has said it has uncovered a ‘mega scam’ involving a foreign company transferring around…
KP govt, Chinese company sign accord for Balakot hydropower project

KP govt, Chinese company sign accord for Balakot hydropower project

The Khyber Pakhtunkhwa government has signed an agreement with a Chinese company for the construction of a 300 megawatts Balakot…
Saudi Arabia’s PIF signs $15 billion loan

Saudi Arabia’s PIF signs $15 billion loan

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, said on Wednesday it has signed a $15 billion multi-currency revolving…
Chicken prices skyrocket to Rs500/kg in Karachi

Chicken prices skyrocket to Rs500/kg in Karachi

The price of chicken here in the provincial capital of Sindh has increased by more than Rs50 and being sold…
Non-custom paid vehicles worth millions seized in Balochistan

Non-custom paid vehicles worth millions seized in Balochistan

Balochistan Customs has launched a crackdown on non-custom paid vehicles in the province. According to customs officials, non-custom paid vehicles…
CAA decides allowing new airlines to commence int’l flights

CAA decides allowing new airlines to commence int’l flights

The Civil Aviation Authority (CAA) has decided to facilitate new airlines under the Aviation Policy 2021 to allow operating international…
Energy sector: IMF, govt agree to freeze circular debt at current level

Energy sector: IMF, govt agree to freeze circular debt at current level

The Government and International Monetary Fund (IMF) have reportedly agreed to freeze the energy sector circular debt at current level…
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