NBP Introduces Up to Rs200 Million in Hassle-Free Financing for SMEs and Commercial Enterprises
National Bank of Pakistan rolls out a new financing facility offering up to Rs200 million for SMEs and commercial businesses, with low markup rates, simplified processing, and nationwide accessibility.
Pakistan Stock Exchange Soars Over 6,000 Points Amid Easing Middle East Tensions
Pakistan Stock Exchange sees massive rally as KSE-100 Index climbs over 6,000 points in a single day, following temporary de-escalation in Middle East tensions.
SBP Receives Unclaimed Deposits from Banks: Here’s How You Can Claim Your Funds
The State Bank of Pakistan confirms receipt of unclaimed deposits from all banks and DFIs as of December 31, 2023. Individuals can now reclaim their funds by following the SBP refund process through respective bank branches.
Beyond Tax Targets: PBA Urges Structural and Institutional Reforms for Sustainable Economic Growth
The Pakistan Banks Association calls for structural and institutional reforms beyond headline tax targets. Zafar Masud and Farhan Bokhari explore deeper economic constraints and policy misalignments stalling sustainable growth in Pakistan.
Pakistan Advertisers Association Demands Immediate Reversal of Withholding Tax Hike at FPCCI Forum
The Pakistan Advertisers Association calls for urgent rollback of the WHT hike from 4% to 6% during a post-budget forum at FPCCI, citing the severe financial pressure on service-based industries like advertising.
National Credit Guarantee Company Secures AAA Rating from PACRA, Boosting SME Credit Reform
The National Credit Guarantee Company Ltd receives AAA rating from PACRA, underlining its role in transforming SME finance access in Pakistan through innovative credit guarantees and financial infrastructure reform.
Pakistan Seeks Fourth Extension for $393.7 Million World Bank Higher Education Digital Uplift
Pakistan has approached the World Bank for a fourth restructuring of its $393.73 million Higher Education Development project, requesting a four-month extension to complete critical IT activities aimed at enhancing digital infrastructure across universities nationwide
PSX Releases Term Sheet for 10-Year Fixed Rate GoP Ijarah Sukuk to Deepen Islamic Capital Market
The Pakistan Stock Exchange has published the term sheet for a 10-year fixed rate zero-coupon GoP Ijarah Sukuk, aiming to raise Rs25 billion through a Shariah-compliant issuance maturing in 2035.
PSX Opens Over 2,000 Points Lower Amid Market Shock Following US Strike on Iran
The Pakistan Stock Exchange opened with a sharp drop of over 2,000 points in response to heightened geopolitical tensions after a US strike on Iranian nuclear facilities, triggering immediate investor panic.
PSX Crashes Over 4,100 Points Amid Geopolitical Tensions Following US Strike on Iran
The Pakistan Stock Exchange saw a massive decline of over 4,100 points following heightened geopolitical tensions triggered by a US strike on Iranian nuclear facilities, causing widespread panic among investors.