Category Archives: General

Kuwait Parliament Speaker lauds Saudi Arabia’s services for Hajj pilgrims

Kuwait's National Assembly Speaker Marzouq Al-Ghanim praised the services and facilitation provided by Saudi Arabia, led by King Salman bin Abdulaziz Al Saud and Crown Prince Mohammad bin Salman Al-Saud, to pilgrims.Al-Ghanim made his remarks on Saturd...

SBP Issues Fresh Currency Notes Worth Rs. 284 Billion for Eid-ul-Azha

The State Bank of Pakistan (SBP), through 16 field offices of its subsidiary SBP Banking Services Corporation (SBP BSC), has issued fresh banknotes of various denominations aggregating to Rs. 284 billion, including Rs. 274 billion via commercial banks ...

Pakistan Receives Over Rs. 2 Billion Remittance in July 2019

Overseas Pakistanis remitted $2.039 billion in the first month (July) of FY 2019-20 as compared with $1.98 billion received during the same period in the preceding year. The growth in remittance inflows was reported due to seasonal surge ahead of

FBR Planning to Bring Dealers, Showrooms & Others into the Tax Net

In a bid to increase revenue, the FBR has decided to bring all businesses associated with the auto-sector into the tax net including denters, painters, parts dealers, showrooms, workshops and vehicle service centers.This step is not surprising given th...

Adviser to PM on Finance and Revenue chaired a meetings of CCoP and ECC

The Cabinet Committee on Privatisation (CCoP) has directed the Ministry of Privatisation to expedite the process of privatization of public sector enterprises approved for privatization and further advised the Ministry of Privatisation to hire financia...

Tuesday’s Daily Brief: Venezuela-Colombia baby breakthrough, Italy piles on rescue boat pressure, States must combat hate, Kashmir rights latest and a musical plea to combat CAR hunger

Colombia offers nationality rights to Venezuelan children born there: UN hails 'very important step'The UN migration agency, IOM, has welcomed Colombia's decision on Monday to grant nationality status to more than 24,000 Venezuelan babies born inside t...

Banking Industry Fails to Meet AgriCredit Target of Rs. 1.25 trillion in FY19

Pakistan's banking industry has once again missed the target of agriculture disbursement of loans by Rs. 76 billion due to the slowdown of economic activities in the sector.This is the second consecutive year that the banking industry as a whole

Monday’s Daily Brief: Independent UN experts on Myanmar, UN chief renounces attacks in US, Libyan airport violence, UN spokesperson on Kashmir, and FAO and Italy on development

Myanmar companies bankroll 'brutal operations' of military, independent UN experts claim in new report Money earned by the Myanmar military from international and domestic business deals, substantially enhances its ability to carry out gross violation...