FBR Reports 40% Surge in Tax Payments and Return Filings for 2024, Reflecting Stronger Compliance
Karachi, March 7, 2025 – The Federal Board of Revenue (FBR) has reported a remarkable 40% increase in tax payments…
HBL Posts Record Profit of Rs120 Billion in 2024, Demonstrating Strong Growth and Resilience
Karachi: Habib Bank Limited (HBL) has reported exceptional financial results for the year ended December 31, 2024, posting a profit…
Pakistan Stock Exchange Faces Heavy Losses Amid Institutional Selling Pressure
Karachi, February 7, 2025 – The Pakistan Stock Exchange (PSX) experienced a turbulent session on Thursday, as institutional selling led…
Pakistani Banks Among Asia-Pacific’s Top Performers in 2024: S&P Report
Pakistani banks have made a significant mark in the Asia-Pacific (APAC) region, securing six spots in the top 15 best-performing…
Banks Record Rs1.9 Trillion Lending Surge to Private Sector in FY25
The private sector in Pakistan borrowed a record Rs1.9 trillion from banks during the first half of FY25, marking an…
Pakistani Rupee Declines by 9 Paisas Amid Rising Dollar Demand
The Pakistani rupee experienced a modest decline of 9 paisas against the US dollar on Thursday, January 2, 2025. It…
State Bank of Pakistan Releases Foreign Exchange Rates for December 17, 2024
The State Bank of Pakistan (SBP) has released the official foreign exchange rates for December 17, 2024, providing a critical…
Workers’ Remittances Surge to USD 2.9 Billion in November 2024
In a significant boost to Pakistan’s foreign exchange reserves, workers’ remittances reached an inflow of USD 2.9 billion in November…
UAE’s Monetary and Banking Developments – August 2024 Highlights
The Central Bank of the UAE (CBUAE) released its monetary and banking development report for August 2024, highlighting key trends…
SBP Foreign Reserves Reach $11.5 Billion, Highest in Over 31 Months
Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) witnessed a notable increase of $131 million in…