Business

Khyber Pakhtunkhwa-BOIT Introduces Aasan Karobar for Investors

Khyber Pakhtunkhwa-BOIT Introduces Aasan Karobar for Investors

The Government of Khyber Pakhtunkhwa, Industries Department and KP Board of Investment (KP-BOIT), with support from Sustainable Energy and Economic Development (SEED) – UK-funded programme, has launched a major reform package “Aasan Karobar” for investors aimed at transforming the province’s business environment, boosting investment, and improving ease of doing business. Part of the reform are

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Pakistan sees sharpest drop in default risk globally; Bloomberg Intelligence

Bloomberg: Pakistan interest rates set to fall at least 100bps this year

Pakistan’s central bank is expected to cut interest rates by at least 100 basis points (1%) this fiscal year, according to a Bloomberg analysis. The forecast cites manageable inflation (projected to average 6%), a modest current account deficit (0.3% of GDP), and the State Bank of Pakistan’s capacity to reduce rates by up to 250

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commemorative coin

SBP issues Rs75 commemorative coin for Marka-e-Haq and Independence Day

The State Bank of Pakistan (SBP) has issued Rs 75 commemorative coin for Marka-e-Haq and Independence Day. To honour the valour of our armed forces during the Marka-e-Haq and to celebrate Independence Day with due dignity, the Federal Government is pleased to issue a commemorative coin of Rs. 75 denomination, featuring the following metal composition,

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FBI Accuses North Korea of $1.5 Billion Crypto Heist, Largest in History

A $300 million crypto scam shocks US & Mexico

A fraudulent cryptocurrency scheme run through the DeFi platform “Terablock” has devastated over 1,200 investors across Mexico and the United States, with losses exceeding $300 million. Authorities report the scam, active from 2019 until mid-2021, lured victims with promises of high monthly returns (7-15%) on USDC stablecoin investments. Investors tracked supposed profits via mobile apps

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