National Accountability Court (NAB) has received endorsement from an Accountability Court for freezing the bank accounts of two Chinese companies involved in investment scams. The Securities and Exchange Commission of Pakistan (SECP) had originally complained to NAB after which an investigation ...

Finance Minister Miftah Ismail Tuesday said that with increased hydel power, lower energy demand, and lower oil prices, Pakistan may even have a balance of payments surplus in the coming months. The minister expressed these views during a meeting hosted by Pakistan Stock Exchange (PSX). Speaking ...

The State Bank of Pakistan (SBP) has allowed overseas Pakistanis to invest in pension funds offered by various asset management companies through Roshan Digital Accounts of their respective commercial banks. According to the circular issued by the SBP, “In order to improve the value proposition ...

Federal Minister for Finance and Revenue, Shaukat Tarin, presided over the Steering Committee meeting of Kamyab Pakistan Program (KPP) at Finance Division today. Adviser to the Prime Minister on Overseas Pakistanis and Human Resource Development, Ayub Afridi, Secretary Finance, Secretary Overseas ...

KARACHI – Pakistan, and Russia concluded the fourth Russia-Pakistan Joint Technical Committee meeting in the country’s federal capital, reaffirming their commitment towards the strategic project and finalising the shareholders’ agreement in November. A joint statement issued by the ...

LAHORE – Pakistan's accountability watchdog has decided to auction all the properties of former prime minister Nawaz Sharif and his dependents. The National Accountability Bureau (NAB) would file an application in an accountability court on the matter, reports in local media suggested ...

ISLAMABAD – Pakistan has issued a licence to a Chinese liquor company Hui Coastal Brewery and Distillery Limited to manufacture liquor for the first time in the country. According to media reports, the Chinese Liquor Company was registered in April 2020 with the Securities and Exchange ...

The 52nd meeting of the National Assembly Standing Committee on Finance and Revenue was held at Parliament House, Islamabad, under the chairmanship of MNA, Mr. Faiz Ullah. The Additional Secretary Power Division (M/o Energy) informed the Committee about the sector-wise circular debt. He ...

The federal cabinet has approved changes to the visa rules which introduce new policies regarding the need for visas for work and health emergencies, as well as the reduction of the total number of categories from 18 to 11, it emerged on Monday. A letter shared by the Ministry of Interior to the ...

State Bank of Pakistan (SBP) has notified the revisions in Foreign Exchange Manual (chapter 20) to facilitate startups, fintechs, and exports. Accordingly, the new policy for equity investment abroad will attract foreign direct investment through the establishment of holding companies ...