FLASHNEWS:

Day: May 5, 2025

Bitget Amplifies Global Leadership and Community Impact with Strong Presence at TOKEN2049 Dubai

DUBAI, United Arab Emirates, May 05, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has wrapped up an impactful and illuminating week at TOKEN2049. As a Gold Sponsor, Bitget marked its presence through headline participation, strategic dialogue, and community-focused activations, engaging with key industry leaders, partners, and thousands of attendees from around […]

State Bank of Pakistan Provides Overnight Lending Data

Karachi: The State Bank of Pakistan released data on its overnight repo and reverse repo facilities, providing insights into the country’s financial liquidity landscape. On May 5, 2025, one institution accessed the SBP’s overnight repo facility, borro…

Amended Tax Ordinance Sparks Economic Concerns

Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has voiced strong opposition to the newly issued Tax Laws (Amendment) Ordinance 2025. He criticized the ordinance for being enacted without stakeholde…

Industry Chief Calls for Aggressive Rate Cuts to Boost Economy

KARACHI: Ahmed Azeem Alvi, president of the SITE Association of Industry, expressed dissatisfaction with the State Bank of Pakistan’s recent decision to reduce the policy rate by 100 basis points. Alvi urged the central bank to slash the rate into sin…