Financial News Archives - Pakistan Property Real Estate - Commercial, Residential, Buy and Sell Properties in Pakistan

Banks allowed to accept third party guarantee for house financing

Banks allowed to accept third party guarantee for house financing. KARACHI: The State Bank of Pakistan (SBP) on Monday allowed banks to accept third party guarantee for lending low-cost housing loans under the government’s subsidised...

PM Imran Khan approves Rs500m uplift grant for each MP

PM Imran Khan approves an Rs500m uplift grant for each MP. ISLAMABAD: PM Imran Khan approves an Rs500m uplift grant for each MP. Development grant for each lawmaker from the treasury benches and urged them...

SBP launches complaint resolution portal for housing loans

SBP launches complaint resolution portal for housing loans. KARACHI: The State Bank of Pakistan (SBP) on Thursday launched an online complaint resolution portal to resolve complaints of potential customers under the government’s mark-up subsidy scheme...

SECP urges investors to set up house finance companies

SECP urges investors to set up house finance companies. ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Friday called upon investors — including the banking sector — to establish Housing Finance Companies (HFCs)...

China Providing $100m Grant to Pakistan for Road Construction Projects

China Providing $100m Grant to Pakistan for Road Construction Projects. Islamabad: China is providing $100 million to Pakistan as a grant for re-building four sections of the N5 National Highway between Moro and Hala of...

Sindh Govt. must use Rs.700bn allocated for Karachi Asad Umar

Sindh Govt. must use Rs.700bn allocated for Karachi Asad Umar. KARACHI: Federal Minister for Planning Asad Umar has urged the PPP-led Sindh government to utilize the Rs700 billion, which, according to him, has been allocated...

Pakistan records the current account surplus for fourth consecutive month

Pakistan records the current account surplus for a fourth consecutive month. The country’s current account witnessed a surplus for the fourth consecutive month in October, rising to $382 million or 1.6 percent of the gross...

112 FBR registered Companies to work on 123 on Housing & Construction

112 FBR registered Companies to work on 123 on Housing & Construction. ISLAMABAD, Pakistan: The Chairman Federal Board of Revenue (FBR) Muhammad Javed Ghani has told a meeting of the National Coordination Committee on Housing,...

Ease-of-doing business amongst govt’s ‘foremost’ priorities: PM

Ease-of-doing business amongst govt’s ‘foremost’ priorities: PM ISLAMABAD: Ease of doing business, elimination of unnecessary regulations, improvement of the tax system, and maximum facilitation of businessmen involved in the process of industrialization are government’s foremost...

Punjab Excise to launch crackdown against property tax defaulters

Punjab Excise to launch crackdown against property tax defaulters. The Rawalpindi chapter of the provincial Excise and Taxation Department would launch its crackdown against the property tax defaulters from October 1. The concessional period for...