SBP’s reserves go down by $383m in last 15 days

KARACHI: The total reserves of the State Bank of Pakistan (SBP) declined by $383 million in the last 15 days as the country’s...

SBP launches Systemic Risk Survey

KARACHI: State Bank of Pakistan (SBP), has rolled out a Systemic Risk Survey (SRS) to gauge the views of market participants and experts...

FIA-CBC unearths fraud in DIBPL

KARACHI: Federal Investigation Agency Commercial Bank Circles (FIA-CBC) successfully unearthed a bank fraud in Dubai Islamic Bank Pakistan Limited (DIBPL) arresting three accused...

Government taking steps for revival of sick industrial units: State Minister for Finance

ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan has said that the government is taking various steps for the revival of...

Senate body urges NBP to promptly meet financing needs of sugar mills

KARACHI: Senate's Standing Committee on Finance and Economic Affairs has advised the National Bank of Pakistan (NBP) to promptly meet the financing requirements...

Another association opposes proposed Sindh Industries Registration Bill

KARACHI: SITE Super Highway Association of Industry in Karachi on Monday emphatically opposed the proposed Sindh Industries Registration Bill, 2017 as saying...

SECP tells listed companies to submit financial statements in PDF, MS Excel formats

KARACHI: Consequent upon the promulgation of the Companies Act, 2017, every listed company, in addition, to file its annual financial statements, the...

Power Division suspends senior officials on violation of load shedding schedule

ISLAMABAD: Taking cognizance of the issue of violation of power load shedding management schedule being faced in many parts of the country,...

Commerce ministry removes CEO, nine senior officials of NICL over allegations

ISLAMABAD: The Ministry of Commerce has now removed Chief Executive officer (CEO) and nine senior officials of National Insurance Company Limited (NICL)...

SECP notifies Listed Companies (Code of Corporate Governance) Regulations, 2017

ISLAMABAD: Listed Companies (Code of Corporate Governance) Regulations, 2017, have been approved for notification by the Securities and Exchange Commission of Pakistan...

MoU signed to improve Public Financial Management in Balochistan, FATA

ISLAMABAD: A Memorandum of Understanding (MoU) was signed between the Association of Chartered Certified Accountants Pakistan (ACCA), the Auditor General of Pakistan...

Tab to taxpayers: Rs5 billion

Located around 318 kilometers east of Karachi, the headquarter of Tharparkar, amid the sand dunes lies Mithi – infamous for its...