KSE-100 index makes gain for third consecutive session

KARACHI: The stock market gained for third consecutive trading session on Wednesday owing to improved confidence of investors. Read more »

SBP issues Islamic financing scheme for renewable energy projects

KARACHI: State Bank of Pakistan (SBP) on Wednesday issued a new scheme of Islamic financing for renewable energy power projects. Read more »

Meezan Bank, CarFirst sign MoU for Islamic financing

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank has signed a Memorandum of Understanding (MoU) with CarFirst to provide Shariah-compliant financing solutions to customers for the purchase of used cars. Read more »

Rupee makes gain in interbank

KARACHI: The Pak Rupee gained two paisas against dollar on Wednesday owing to lower demand for import payments and contraction in current account deficit. Read more »

Pakistan, USAID partner to streamline customs, trade procedures

ISLAMABAD: The Federal Board of Revenue (FBR) and US Agency for International Development (USAID) through its Pakistan Regional Economic Integration Activity (PREIA), jointly organized a one-day Stakeholders’ workshop on Pakistan Single Window... Read more »

Crescent Star plans to bring Hollywood’s iconic Fatburger into Pakistan

KARACHI: Crescent Star Foods (Pvt) Limited has announced plans to bring Hollywood’s iconic Fatburger into Pakistan. Read more »

FBR issues draft rules for managing risks on clearance of goods, passengers

ISLAMABAD: Federal Board of Revenue (FBR) has notified draft rules for risk management system (RMS) for customs clearance of goods and passengers. Read more »

SRB suspends sales tax registration of Chinese sanitation firm

KARACHI: Sindh Revenue Board (SRB) on Tuesday suspended sales tax registration of a Chinese sanitation firm for defaulting sales tax payment and failure to file monthly sales tax returns. Read more »