The Federal Board of Revenue (FBR), in collaboration with the United Nations Office on Drugs and Crime (UNODC), organized outreach and capacity-building sessions for Designated Non-Financial Businesses and Professions (DNFBPs) to ensure AML/CFT compliance in Karachi. The representatives from the Financial Monitoring Unit (FMU), National Counter Terrorism Authority (NACTA), and

The Pakistani Rupee (PKR) has posted losses against the US Dollar (USD) for the second time since last week as the local unit deteriorated by 50 paisas against the greenback in the interbank currency market today. The local currency maintained its shape against the USD on Friday, a trend that

Senior representatives of one of the world’s largest investment banks, JP Morgan Chase & Co., called on Federal Minister for Privatization, Mohammed Mian Soomro, to discuss privatization of the National Power Parks Management Company (NPPMCL) on Monday. The meeting was held in the backdrop of the government’s plans to privatize

Chairman Special Technology Zones Authority (STZA), Amer Ahmed Hashmi, called on Prime Minister Imran Khan on Monday and briefed him on the progress and achievements of STZA. The Chairman briefed the Prime Minister on the progress of STZA vis-à-vis Islamabad Technopolis, the interest of national and international companies in investment

Bank Islami Pakistan Limited (BIPL) and Elahi Group of Companies (EGC)/Zafar Agencies (ZA) have filed a compromise agreement in the Sindh High Court through which all liabilities will be settled and full closure and withdrawal of all pending complaints and litigation has been agreed on a no-fault basis between the

At a CDWP meeting presided over by Deputy Chairman Planning Commission, Mohammad Jehanzeb Khan, cleared three development projects with a cost of Rs. 9.168 billion and recommended two projects worth Rs. 130 billion to the Executive Committee of the National Economic Council (ECNEC) for further consideration. Secretary Planning, Hamid Yaqoob