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FPCCI Criticises SBP’s 100bps Cut as Inadequate

FPCCI Criticises SBP’s 100bps Cut as Inadequate

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has voiced strong disappointment over the State Bank of Pakistan’s…

10 months ago

Bank Al Habib to Exit Kenya after Seven Years

Bank Al Habib Limited (BAHL) will shut down its representative office in Nairobi on May 15, 2025, ending its presence…

10 months ago

FBR Considers Tax on High Pensions, Plans to Raise Income Tax Exemption Limit

The Federal Board of Revenue (FBR) is drafting two major proposals for the upcoming 2025–26 federal budget, aiming to broaden…

10 months ago

Bangladesh and Pakistan Eye Closer Ties in Pharmaceutical Trade and Investment

Bangladesh and Pakistan are exploring deeper cooperation in the pharmaceutical sector, recognising untapped potential for trade and investment. This was…

10 months ago

Dairy Price-Fixing Penalties Reduced by Tribunal

The Competition Appellate Tribunal (CAT) has upheld a ruling against three Karachi-based dairy farmer associations for colluding to fix milk…

10 months ago

Payoneer’s 3% Withdrawal Fee Hits Pakistani Freelancers as Costs Rise

Global payments platform Payoneer has introduced a new 3% withdrawal fee for users in Pakistan, drawing widespread concern from freelancers…

10 months ago

Federal Ministers’ Pay Nearly Triples as Zardari Approves Major Salary Hike

President Asif Ali Zardari has approved a sharp increase in the monthly salaries of federal ministers and ministers of state,…

10 months ago

SBP Set to Announce Policy Decision Amid Hopes for Rate Cut

The State Bank of Pakistan’s Monetary Policy Committee is scheduled to convene today to determine the country’s benchmark interest rate…

10 months ago

Massive Tax Shortfall Undermines Pakistan’s Fiscal Targets

The Federal Board of Revenue (FBR) has reported a widening tax shortfall of Rs833 billion during the first 10 months…

10 months ago

NA Committee Approves Tax Bill Targeting Non-Filers with Strict Restrictions

The National Assembly Standing Committee on Finance and Revenue on Wednesday approved the revised Tax Laws (Amendment) Bill, 2024, proposing…

10 months ago