Ambassador of Azerbaijan to Pakistan Khazar Farhadov called on Caretaker Minister for Railways and Maritime Affairs Shahid Ashraf Tarar in Islamabad on Monday.The Ambassador said that after direct flights between Pakistan and Azerbaijan, we want to co…

Tax Bar Associations, chartered accountant firms, tax advisers, and tax experts have approached the Federal Board of Revenue (FBR) for an extension in the last date for income tax return filing up to October 31, 2023, due to technical and legal issues…

Foreign Minister Jalil Abbas Jilani has reaffirmed government’s resolute commitment to foster partnerships with global business and industrial community.During his interaction with a group of US business leaders at the Business Council for Internationa…

Caretaker Federal Minister (FM) for Finance Dr. Shamshad Akhtar assured the Pakistan Business Council (PBC) that measures taken by the interim government to stem smuggling and close the gap between inter-bank and open market exchange rates would stabil…

Fatima Fertilizer Company Limited (PSX: FATIMA) has accorded its approval for investing Rs. 7.662 billion in Real Estate Investment Trusts (REITs), the company informed the Pakistan Stock Exchange on Friday.According to the stock filing, the following…

Currency dealers warned that replacing existing money exchange companies could backfire and allow banks to abuse the situation by manipulating the exchange rate.Authorities have stated that they are under pressure to close down exchange companies beca…

In a bid to foster innovation, financial inclusion, and availability of affordable digital financial services, the State Bank of Pakistan (SBP) has granted In-Principle Approval (IPA) for establishing five digital retail banks, namely HugoBank Limited…

Despite business challenges in various sectors of the economy, the banking sector remained consistent in major indicators as its assets surged to over Rs. 40 trillion by the end of June 2023.According to the State Bank of Pakistan’s Mid-Year Performanc…

A team of the World Bank led by its Country Director Njay Benhassine called on Caretaker Minister for Planning Development and Special Initiatives Muhammad Sami Saeed in Islamabad on Monday.Talking to them, the Planning Minister said that the governmen…

Balochistan Governor Malik Abdul Wali Khan Kakar has said that Balochistan is the gateway to Asia from where trade can be done with many countries.He was addressing the business role model award ceremony at the Islamabad Chamber of Commerce and Industr…