Islamabad, March 28, 2024 – Today, a high-level meeting between the Finance Minister of Pakistan, Muhammad Aurangzeb, and You Hang, the Chief Representative of China Financial Futures Exchange (CFFEX) in Pakistan, alongside directors of the Pakistan Stock Exchange (PSX), marked a significant step towards fostering collaboration between China and Pakistan in the financial sector.
(more…)Author: Faisal Shahnawaz
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Pakistan Retains Secondary Emerging Market Status in FTSE
Islamabad, March 28, 2024 – The position of Pakistan as a secondary emerging market has been retained by the Financial Times Stock Exchange (FTSE) Russell, a globally recognized index provider.
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ICC Announces Path to 2027 Cricket World Cup Qualification
The International Cricket Council (ICC) has recently disclosed the groupings for the forthcoming cycle of the ICC Men’s Cricket World Cup Challenge League, setting the stage for the highly anticipated ICC Men’s Cricket World Cup 2027.
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Pakistan vs. New Zealand T20I Series Tickets Available Soon
The highly anticipated five-match T20I series between Pakistan and New Zealand is just around the corner, and tickets are now up for grabs. Starting from Friday, March 29, fans can secure their seats for what promises to be a thrilling display of cricketing prowess.
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Illicit Cigarette Manufacturers Exploit Exports Quota to Evade Tax
Karachi, March 28, 2024 – Cigarette manufacturers in Pakistan are finding loopholes in export regulations to evade taxes, causing significant losses to the national exchequer.
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Pakistan Sees $37 Million Increase in Weekly Forex Reserves
Karachi, March 28, 2024 – Pakistan has experienced a notable increase of $37 million in its foreign exchange reserves for the week ending March 22, 2024, according to official data released on Thursday.
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Banks Extend Operations for March 2024 Tax Collection
Karachi, March 28, 2024 – In a bid to streamline tax collection for the month of March 2024, the State Bank of Pakistan (SBP) has instructed banks to open on weekly holidays and observe special working hours to facilitate taxpayers.
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KIBOR – Karachi Interbank Offered Rates on 28 March 2024
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Thursday 28 March 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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Muneer Kamal Assumes as CEO of Pakistan Banks Association
Karachi, March 28, 2024 – The Pakistan Banks Association (PBA) has announced the appointment of Muneer Kamal as its new Chief Executive Officer (CEO) and General Secretary, effective April 1, 2024, succeeding the longstanding CEO & Secretary General, Tawfiq A. Hussain.
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Shipping Activity Flourishes at Port Qasim on March 28, 2024
The Port Qasim Authority (PQA) has released its shipping activity report for Thursday, March 28, 2024, providing valuable insights to stakeholders and highlighting the bustling maritime operations at one of Pakistan’s premier ports.
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