34 h. ago State bank keeps interest rate at 11% to support stability, warns of trade deficit risks

The State Bank of Pakistan has announced that the interest rate will remain unchanged at 11% for the next two months. The decision was made during the latest Monetary Policy Committee (MPC) meeting held in Karachi. The bank aims to maintain economic balance and control inflation. In its statement, the MPC said that inflation in […]

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9 d. ago Engro connect acquires all 10,500 jazz telecom towers in $560 million deal

Engro Connect has completed a landmark $560 million deal to buy all 10,500 telecom towers owned and operated by Jazz. This is the first time in Pakistan’s history that a telecom operator has sold its entire tower infrastructure. The deal was finalized after approval from regulatory bodies, including the Competition Commission of Pakistan, and resolving […]

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2 w. ago International airlines resume flights over Pakistan, Indian carriers remain banned

LAHORE: Air traffic through Pakistan’s airspace has returned to normal following disruptions caused by the recent Pakistan-India conflict. All international airlines have resumed regular operations except for Indian carriers, which remain barred until June 24 as per government orders. Saifullah, Director of Public Relations for the Pakistan Airport Authority (PAA), told the Lahore Press Club […]

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2 w. ago Pakistan’s First Professionally Run Sports Management Organization Secures Sports TV Channel

ISLAMABAD: In a ceremony held at its headquarters, Pakistan Electronic Media Regulatory Authority (PEMRA) issued sports satellite tv channel license to Strawberry Sports Management, country’s first professionally run sports management organization. The organization secured the sports satellite tv channel license through a competitive bidding process. Chairman PEMRA, Mr. Saleem Baig Mirza, shared, ”We are delighted […]

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2 w. ago SBP, finance ministry say crypto is illegal—despite govt promotion

ISLAMABAD: Pakistan’s top financial authorities have confirmed that cryptocurrency is still illegal in the country. This comes even as the government promotes digital assets like Bitcoin. The State Bank of Pakistan (SBP) and the Ministry of Finance both said crypto transactions remain banned under current laws. Finance Secretary Imdadullah Bosal told parliament that no legal […]

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2 w. ago Pakistan faces regulatory dilemma as Crypto remains banned amid launch of Bitcoin Reserve

ISLAMABAD – Cryptocurrency transactions are still banned in Pakistan while regulatory body Pakistan Digital Assets Authority (PDAA) making global headlines

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2 w. ago Pakistan maintains ban on cryptocurrency, calls for proper regulations: finance secretary

Pakistan’s Finance Secretary has confirmed that cryptocurrency remains banned in the country and emphasized the urgent need for proper regulations to manage digital assets. He made the remarks during a meeting of the National Assembly’s Standing Committee on Finance held on May 29, 2025. The session, chaired by Dr. Nafisa Shah, also saw MNA Sharmila […]

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3 w. ago Microfinance in Pakistan: Achievements, but Miles to Go and some questions to ask!

By: Malik Mirza Microfinance in Pakistan has emerged as a critical tool for financial inclusion, extending access  to credit and essential financial services to millions who remain unbanked. The industry operates within a structured regulatory framework involving two key regulators, namely State Bank of Pakistan for micro finance banks and the Securities and Exchange Commission […]

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3 w. ago Microfinance Firms to offer Home Loans under Apni Chhat Apna Ghar Housing Scheme

ISLAMABAD –  Securities and Exchange Commission of Pakistan (SECP) approved regulatory relaxations for Non-Banking Microfinance Companies (NBMFCs), enabling them to

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3 w. ago Govt sets up Pakistan digital assets authority to oversee crypto & web3

ISLAMABAD: Pakistan has decided to create a Digital Assets Regulatory Authority to manage and supervise digital financial markets such as cryptocurrencies, DeFi (decentralized finance) platforms, stablecoins, and tokenized assets, all under a unified legal framework. The Ministry of Finance announced that the new body, called the Pakistan Digital Assets Authority (PDAA), will aim to bring […]

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4 w. ago Sikandar Raza Exits PSL 10; Qalandars Sign Mehidy Hasan Miraz as Replacement

  Lahore Qalandars have confirmed the signing of Bangladesh all-rounder Mehidy Hasan Miraz for the remainder of PSL 10, following the departure of Sikandar Raza, who has left to join Zimbabwe’s squad for a historic Test match in England. As Zimbabwe prepares to meet England in a rare red-ball match, Raza’s departure falls on a […]

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