Economy

Telcos Have so Far Blocked SIMs of 9,000 Non-Filers

Telecom operators have so far blocked mobile SIMs of 9,000 non-filers under directives of the Federal Board of Revenue (FBR).

A spokesperson of the FBR said on Wednesday that telecom operators have sped up the process of blocking SIMs. The spokesper…

Economy

Govt to Prepare Upcoming Budget in Consultation with IMF

The federal government will prepare the budget for the upcoming fiscal year (FY25) in consultation with the International Monetary Fund (IMF).

Sources told ProPakistani that talks are underway with the IMF for the preparation of the FY25 budget. Und…

Economy

Crescent Star Insurance Shares Update on Settlement with Dost Steels

Crescent Star Insurance Limited (PSX: CSIL) Wednesday announced that it has started receiving money from advance given to Dost Steels Ltd (DSL), in continuation of the arrangements made.

‘Further to information shared by Crescent Star Insurance Limi…

Economy

Raqami Islamic Digital Banking and 1LINK Join Forces to Revolutionize Digital Financial Services

Raqami Islamic Digital Bank Ltd. (RIDBL), one of five aspirants to the digital retail bank license under the Licensing and Regulatory Framework for Digital Banks, 2022 is thrilled to announce a strategic partnership with 1LINK, Pakistan’s largest Pay…

Economy

FBR Restricts Entry of Visitors At Main Office Amid Budget Preparations

The Federal Board of Revenue (FBR) has restricted the entry of visitors at its main headquarters to ensure confidentiality and security of the budget preparation process.

According to a circular issued by the tax machinery, only the FBR Chairman, Ta…

Economy

Cordoba Logistics’ Associated Companies Enters Into Share Subscription Agreement with Symmetry Group

Cordoba Logistics and Ventures Limited (PSX: CLVL) Wednesday said its associated company has entered into a share subscription agreement with Symmetry Group Limited.

‘We have been informed by M/s. Finox (Pvt.) Limited, an associated company of Cor…