PSM Retirees' Dues Must Be Cleared Immediately: Committee
A parliamentary sub-committee has urgently directed Pakistan Steel Mills to clear all outstanding liabilities of retired employees on priority basis, addressing long-delayed financial dues.
Category : Banking Sector
Pakistan Forex Reserves Rise by $31 Million
Pakistan's foreign exchange reserves show positive movement with a $31 million increase, reaching $14.572 billion as of July 5. Discover what this means for the nation's economic stability and the breakdown between State Bank and commercial bank holdings.
SECP Simplifies Corporate Bank Account Opening Process
Pakistan's SECP introduces groundbreaking reforms to streamline corporate bank account opening, eliminating bureaucratic hurdles and boosting business growth.
PIA Engineers' Protest Grounds Flights Nationwide
Pakistan International Airlines faces massive disruptions as engineers' protest over unpaid salaries grounds flights nationwide, leaving passengers furious and airports in chaos.
SBP Pressured to Align Rates with Regional Economies
Business leaders and economists urge State Bank of Pakistan to harmonize interest rates with regional counterparts, arguing current high rates stifle economic growth and investment.
SBP Reserves Edge Up to $14.47 Billion
Pakistan's central bank reserves edge higher by $16 million amid economic stabilization efforts. Latest SBP data reveals current foreign exchange position and economic trends.
Ex-FBR Chief Shabbar Zaidi in Tax Fraud Case
Former FBR chairman Shabbar Zaidi embroiled in serious tax fraud allegations as FIA registers case involving millions in undeclared income and property transactions.
CDNS Hits Rs11bn Islamic Investment Milestone
In a significant financial breakthrough, the Central Directorate of National Savings (CDNS) has successfully secured Rs11 billion through Islamic investment instruments, marking a major achievement in Pakistan's Sharia-compliant finance sector.
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