The US government has placed 28 technology firms from Pakistan, China, Russia, and Japan on an export blacklist for allegedly… Read More
Rupee Nears All-Time Low Against the US Dollar
The Pakistani Rupee (PKR) has reported losses against the US Dollar (USD) once again and depreciated 48 paisas against the… Read More
Daraz Eyes Expansion to Compete Against Amazon
Pakistan’s leading e-commerce retail platform Daraz expects to host 300,000 small to medium enterprises (SMEs) in the next two years… Read More
Finance Division’s Proposals in Revised Draft of SBP Amendment Bill Outrightly Rejected by IMF
The International Monetary Fund (IMF) has outright rejected the Finance Division’s proposal in the revised draft of the State Bank… Read More
Lahore-based Software Firm Plans to Get Listed on PSX
Coeus Solutions Limited intends to raise $5 million by getting listed on the Growth Enterprise Market Board of the Pakistan… Read More
Adamjee Life Assurance Company Ltd Applies for Listing on PSX
Adamjee Life Assurance Company Limited (ALACL) has applied for listing on the Pakistan Stock Exchange (PSX). The principal purpose of… Read More
Rupee Manages to Break Its Sharp Fall Against the US Dollar
The Pakistani Rupee (PKR) posted blanket gains against the US Dollar (USD) and appreciated six paisas against the greenback in… Read More
Pakistan’s Overall Debt and Liabilities Have Reached Rs. 50.5 Trillion
Official numbers issued by the State Bank of Pakistan (SBP) indicate that Pakistan’s overall debt and liabilities have eclipsed Rs.… Read More
SBP Explains Factors That Contributed to Inflation in FY21
While keeping the policy rate aligned with the medium-term inflation target, the State Bank of Pakistan (SBP) has inferred that… Read More
Rupee Crashes Again Breaking the Winning Streak Against the US Dollar
The Pakistani Rupee (PKR) has broken its winning streak against the US Dollar (USD) once again and depreciated 73 paisas… Read More
Cabinet Approves Payment of Second Installment to IPPs
The federal cabinet has approved the release of Rs. 134.783 billion to independent power producers (IPPs) as the second installment… Read More
Cabinet Approves Gas Price Hike for Captive Power Plants
The federal cabinet has decided to increase gas prices for captive power plants to $2.5 per MMBtu. According to the… Read More
