PIA privatisation considers government-to-government option as traditional bids fall short

Government explores direct government-to-government sale option for PIA after low private bid, marking a shift in privatisation strategy

Pakistan ranks 5th among nations with highest illegal migration to Europe: report  

Due to socio-economic challenges and political instability nearly 40% of Pakistanis expressed desire to leave the country, reveals NCHR report 

 PSX briefly crosses 95,000 mark, ends day up 500 points

Analysts attribute the bull run to non-stop buying by local funds, growing economic optimism 

Pakistan cargo ship docks in Bangladesh for the first time since 1971

Historic arrival of Pakistan's first direct cargo vessel in Bangladesh seen as a breakthrough in decades-old diplomatic divide, signaling renewed potential for trade and cooperation

SECP registers 2,477 new companies in October, led by growth in IT sector

Foreign investment boosts corporate registrations to 233,587 as SECP’s digital drive enhances ease of business

Acquirers withdraw acquisition offer for 83.96% stake in Calcorp Limited

Pending regulatory approvals cited for delay in acquisition process

Bank Alfalah receives approval for due diligence on its Bangladesh operations sale

BAFL seeks to sell Bangladesh assets to Sri Lanka's Hatton National Bank

SECP introduces regulations allowing brokers to offer portfolio management services  

New framework sets Rs30 million net worth and BFR 2 rating as eligibility criteria for securities managers

Gold price in Pakistan for today, November 15, 2024

Gold prices in Pakistan fluctuate frequently based on international market trends. The rates listed are provided by local gold markets and Sarafa...

Foreign exchange rates in Pakistan for today, November 15, 2024

The Exchange Rates Committee of the Financial Markets Association of Pakistan issued the following Exchange rates bulletin on Friday.

Govt to repair Neelum-Jhelum tunnel at Rs23bn, plant offline for eight more months

Faulty section identified; temporary fix to avoid Rs222bn complete overhaul

Govt to enforce ‘Know Your Customer’ for importers, manufacturers under new tax ordinance  

KYC system will enable FBR to trace sales records and identify non-compliant buyers who are not part of the tax roll

Court temporarily halts 15% additional tax on banks failing to meet lending targets  

Nearly a dozen banks seek relief from IHC, arguing against the tax introduced in the budget  

Baluchistan Glass suspends production at Hub plant due to technical issues

Temporary halt expected until technical problems are resolved

IMF raises concerns over energy sector, provincial budget slippages  

Energy reforms under scrutiny amid risks of default in public entities