The Securities and Exchange Commission of Pakistan (SECP) announced on Wednesday that three new Housing Finance Companies (HFCs) were granted licences in FY21, with the goal of revitalising the industry.The firms include Pakistan Housing Finance Company Limited, Trellis Housing Finance Company Limited, and Asaan Ghar Finance Limited, according to theRead More →

ISLAMABAD :Samsung has been in negotiations with three investors about establishing a mobile manufacturing facility in Pakistan. According to sources, one of the three parties has a franchise from Korea and has already established car assembly factories in Pakistan as part of the Auto Development Policy (ADP) 2016-21, while theRead More →

On Tuesday, Pakistan issued $1 billion in international bonds under the Sukuk programme. These Sukuk bonds have a subscription price of $3 billion for five, ten, and thirty years.The federal cabinet has approved the issuance of Eurobond and Sukuk bonds, which are expected to produce 3.5 billion dollars this fiscalRead More →

Jeff Bezos stood down from his role as CEO of Amazon on Monday, twenty-seven years after creating the firm, as he prepared to embark on a new professional path.Bezos, who is 57 years old, will now focus on his own space exploration company, philanthropy, and other endeavours. He will, however,Read More →

ISLAMABAD – Federal Minister for Finance and Revenue, Shaukat Tarin Friday expressed government’s strong commitment to manage national economy in most efficient and effective manner to achieve higher sustainable and inclusive growth. Addressing virtually on “Pakistan’s Economy- Fragility & Smart Action Strategy” National Workshop Balochistan-7, which was organized by HeadquartersRead More →

KARACHI (AFP) – TikTok was running again in Pakistan Saturday after a provincial court lifted suspension of the popular social media service but ordered it to address complaints that it hosted objectionable content. The Pakistan Telecoms Authority (PTA) blocked access Thursday for a third time after a ruling by aRead More →

ISLAMABAD: The PTI government will introduce the National Remittance Loyalty programme to facilitate overseas Pakistanis and more financial incentives will be extended to them. This was shared in a meeting on an increase in foreign remittances, which was chaired by Prime Minister Imran Khan on Friday. The loyalty programme willRead More →