Multan Sultans won their fourth consecutive match in Pakistan Super League (PSL) 7 as they defeated Islamabad United by 20 runs. Multan extended their lead at the top of the PSL points table with four wins out of four while Islamabad maintained their s…
The foreign investment inflows in the equity market stood at $42.8 million in January 2022. The inflows of portfolio investment stood higher than the outflows for the first time in the current financial year.The latest data of the State Bank of Pakista…
Federal Minister for Finance and Revenue, Shaukat Tarin has stated that the government is taking measures to stop under-invoicing, especially taking place in the import of petroleum products, as it is causing huge revenue loss.Addressing the inaugurati…
The government has withdrawn the option of accepting a Corporate Guarantee against any imported items, while a bank guarantee or pay order would remain valid as an instrument of guarantee.The purpose of the guarantee arises in case of a dispute on cust…
The Government of Pakistan has successfully raised $1 billion through the issuance of International Sukuk.According to a press release issued by the Ministry of Finance, the transaction generated great interest, as leading global investors from Asia, t…
Meezan Bank will launch Pakistan’s first Islamic e-commerce payment gateway and point-of-sale (PoS) system this year, as the bank aims at providing a Sharia-based digital transaction system and solution to merchants and customers countrywide.The bank i…
