Finance

The Executive Committee reviews the progress of various projects in SIFC’s key sectors – Trendy Blogger

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The Executive Committee reviews the progress of various projects in SIFC’s key sectors – Trendy Blogger

Islamabad: The Private Investment Facilitation Council (SIFC) held its twelfth meeting of its Executive Committee to review the progress made on various aspects and projects in key sectors of the Council. The Committee also gave directions to accelerate various outstanding cross-sectoral issues through policy-level initiatives and stakeholder consultation, using the SIFC Forum. The meeting was … Read more

The Finance Minister meets with the Malaysian Prime Minister and Senior Advisor BD on the sidelines of the World Economic Forum – Trendy Blogger

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The Finance Minister meets with the Malaysian Prime Minister and Senior Advisor BD on the sidelines of the World Economic Forum – Trendy Blogger

IslamabadFederal Finance and Revenue Minister Muhammad Aurangzeb on Wednesday met with Malaysian Prime Minister Anwar Ibrahim and Bangladesh Interim Government Chief Advisor Dr Muhammad Yunus on the sidelines of the World Economic Forum’s annual meeting in Davos. The Minister attended the opening dinner of the World Economic Forum 2025 Annual Meeting, hosted by Professor Klaus … Read more

Senate committee presents data protection bill, reviews telecom sector updates – Trendy Blogger

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Senate committee presents data protection bill, reviews telecom sector updates – Trendy Blogger

Islamabad: The Senate Standing Committee on Information and Communications Technology, chaired by Senator Balwasha Muhammad Zai Khan, met today at Parliament House to deliberate on key issues, including the Personal Data Protection Bill, Starlink operations and the performance of the telecommunications enterprise. The committee discussed the ministry’s observations on the draft Personal Data Protection Bill, … Read more

The dollar is struggling near two-week lows amid uncertainty over tariffs – Trendy Blogger

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The dollar is struggling near two-week lows amid uncertainty over tariffs – Trendy Blogger

The dollar struggled to recover against major currencies on Wednesday, remaining near two-week lows as markets awaited clarity on President Donald Trump’s tariff plans. Trump said on Tuesday that his administration is considering imposing a 10% tariff on goods imported from China starting February 1. He also mentioned that Mexico and Canada could face tariffs … Read more

Pakistan Tobacco Board warns against transfer of tobacco regulations to provinces – Trendy Blogger

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Pakistan Tobacco Board warns against transfer of tobacco regulations to provinces – Trendy Blogger

ISLAMABAD: The Pakistan Tobacco Board (PTB) has urged Finance Minister Senator Muhammad Aurangzeb to reconsider the Federal Cabinet’s decision to dissolve the organization and transfer its core functions to regional authorities. In a letter to the Finance Minister, PTB officials condemned the move, calling it unconstitutional and illegal. They say that the decision to dissolve … Read more

NAB warns against investing in the Bahria Town project in Dubai, and seeks to hand over Malik Riad – Trendy Blogger

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NAB warns against investing in the Bahria Town project in Dubai, and seeks to hand over Malik Riad – Trendy Blogger

The National Accountability Bureau (NAB) has advised the general public to avoid investing in the new real estate project in Bahria Town in Dubai, stating that the government of Pakistan is approaching the UAE authorities through legal channels seeking extradition. Malik Riad. According to a press release carried by the state Radio PakistanNAB is conducting … Read more

Pakistani rice exports rose 19% in H1 FY25 and are expected to reach $4.5 billion – Trendy Blogger

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Pakistani rice exports rose 19% in H1 FY25 and are expected to reach .5 billion – Trendy Blogger

Pakistani rice exports registered a remarkable growth of 19% during the first half of the current fiscal year, despite global trade turmoil and intense competition from regional players. From July to December 2024, the country exported 3.06 million tons of rice worth $1.87 billion, compared to 2.57 million tons worth $1.64 billion in the same … Read more

PSX suffers a sharp decline amid a volatile trading session – Trendy Blogger

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PSX suffers a sharp decline amid a volatile trading session – Trendy Blogger

The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Tuesday, with the benchmark KSE-100 index fluctuating throughout the day before closing 802.56 points (-0.69%) lower at 115,042.25. The index initially rose to an intraday high of 116,424.85, up 580.04 points, but selling pressure in the latter half of the session erased those gains, … Read more

FBR shares revenue plan with IMF amid economic challenges – Trendy Blogger

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FBR shares revenue plan with IMF amid economic challenges – Trendy Blogger

The Federal Board of Revenue (FBR) has outlined a bold plan to address Pakistan’s significant revenue shortfall, ahead of an upcoming visit by an International Monetary Fund (IMF) delegation. This development comes at a time when Pakistan is struggling to meet critical financial commitments to secure International Monetary Fund support and stabilize its fragile economy. … Read more

Pakistan is moving towards liberalization of the wheat market – Trendy Blogger

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Pakistan is moving towards liberalization of the wheat market – Trendy Blogger

The government is preparing to take an important step towards liberalizing the wheat market, in line with the structural reforms approved by the International Monetary Fund. To formulate a comprehensive strategy, the Ministry of National Food Security and Research (MNFS&R) will host a national workshop on liberalization of the wheat sector on Friday, January 24, … Read more