Ogra Mandates Digital Payments Across Oil and Gas Sector by October 31
The Oil and Gas Regulatory Authority has directed all licensed entities, including fuel stations, refineries, and utilities, to adopt digital payment solutions such as Raast QR codes by October 31, 2025, in a major push towards a cashless economy.
FBR Imposes New Tax Filing Duties on Couriers, Payment Channels, and Online Marketplaces
The Federal Board of Revenue has rolled out new compliance rules for couriers, payment intermediaries, and online marketplaces, making quarterly and monthly tax statements mandatory under updated Income Tax Rules 2002.
Monetary Indicators Show Seasonal Trends While Pakistan Stock Market Reaches Historic Highs
Pakistan’s monetary indicators in early FY2026 reflected seasonal trends with negative money supply growth, while the Pakistan Stock Exchange surged to historic highs, signaling investor optimism despite inflationary risks and fiscal adjustments.
SECP Proposes Expanded Investor Eligibility for Private Funds to Boost Market Participation
The Securities and Exchange Commission of Pakistan (SECP) has proposed expanding investor eligibility for private funds to include individual and foreign investors, easing entry requirements and strengthening Shariah compliance under revised regulations.
Engro Holdings Posts Rs. 73.3 Billion Profit in H1 2025 Amid Thermal Asset Reversal and Deodar Towers Acquisition
:Engro Holdings Limited reported a consolidated profit of Rs. 73.3 billion for H1 2025, boosted by impairment reversals and the acquisition of Deodar Towers, while focusing on long-term strategic growth over dividends.
SECP Approves Digital Lending License for Foremost Financial Services, Paves Way for Instant Finance NBFC Entry
SECP has issued an NBFC license to Foremost Financial Services for digital nano-lending and approved Instant Finance’s entry into the sector, signaling growing investor confidence and advancing digital financial inclusion in Pakistan.
Faysal Bank Reports 23% Decline in Half-Year Profit as Expenses Rise
Faysal Bank Limited reported a 23% drop in profit after tax to Rs10.42 billion for the first half of 2025, as rising operating expenses and weaker returns weighed on earnings despite growth in fee and forex income.
Pakistan prepares to debut Panda Bond with ADB backing
Pakistan is preparing to launch its first-ever Panda Bond with support from the Asian Development Bank, marking a milestone in tapping Chinese capital markets. The move reflects growing international confidence in Pakistan’s economic reforms and will be backed by expanded ADB cooperation in climate resilience, infrastructure, and financial sector development.
Samba Bank Reports Rs186 Million Profit in H1 2025 Amid Steep Decline in Earnings
Samba Bank Limited (PSX: SBL) reported a profit after tax of Rs185.53 million for H1 2025, down 72 percent year-on-year. The results reflect a steep decline in net interest income, reduced foreign exchange earnings, and lower profitability, despite gains on securities and cost containment measures.
UBL Issues Advisory to Former Silkbank Customers Ahead of September Merger
United Bank Limited (UBL) has issued an advisory for former Silkbank account holders ahead of the merger becoming effective on September 1, 2025. Customers are informed about unchanged account numbers, new IBANs, replacement debit cards, continued credit card services, and the shift from Silkbank’s digital platforms to the UBL Digital App.