Pakistan’s First AAA Rated gender bond launch by the InfraZamin
InfraZamin Pakistan, a licensed NBFI and credit guarantee provider, in partnership with Kashf Foundation, a not for profit and licensed microfinance institution, are proud to announce the closing of South Asia’s and Pakistan’s inaugural ‘Gender Bond’ thereby revolutionizing financial empowerment and inclusion for women. The Bond, which holds a prestigious long-term AAA rating by PACRA, marks a significant leap in Pakistan’s capital market, establishing our commitment to market development and economic opportunities for women.
Mehfooz
Pakistan’s Tractor industry massive production growth
The production of farm tractors in the Pakistan witnessed an increase of 55.1 per cent to 17,098 units during the first four months of the financial year 2023-24.
Adil Aziz
IHC granting to banks stay order on windfall tax till next week
The Islamabad High Court refrained the government from collecting windfall tax from banks till the next hearing.
FBR Committed To Eliminate Tax Evasion In Sugar Industry
Monitoring teams from Field formations of FBR have been deputed on sugar mills across the country. Sugar is one of the notified products on which monitoring or tracking of production, sales, clearances, stocks or any other related activity is implemented.
OECD forecast global growth of next year slow
THE global economy will slow slightly next year but the risk of a hard landing has subsided despite high levels of debt and uncertainty over interest rates, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday (Nov 29).
President Arif Alvi directs Bank to refund Rs 344,600 to fraud victim
President Dr Arif Alvi has upheld the orders of Banking Mohtasib directing Allied Bank Ltd to pay Rs 344,600 to a customer as the amount was fraudulently transferred from his account and the bank had committed maladministration by opening the fund transfer facility without his consent which caused financial loss to the customer.
PSX set new records to crosses 61,000 Points of 100 index
The benchmark index of the Pakistan Stock Exchange continued its bullish run on Wednesday(Nov 29) to cross the 61,000 barrier in a record high.
Editor
PSX’s crosses 60,000 points in 100 index in first time of history
A bullish trend witnessed on Tuesday (today) on second day of business week as 100-Index for the first time in its history crossed its limit of 60,000.
Pakistan travel services export up by 27.72% to $157 million
Pakistan earned US $157.075 million by providing different travel services in various countries during the first three months of FY-2023-24.
WB to launch ‘Policy Notes’ for Pakistan’s key-area reforms
The World Bank will present a series of ‘Policy Notes’ outlining the most critical policy shifts for Pakistan’s key areas including achieving fiscal sustainability.