According to a new survey released on Friday, people consider the police and judiciary as the most corrupt sectors of… Read More
Rupee Slides 5th Day in a Row Against US Dollar Despite SBP Governor’s Assurances
The Pakistani Rupee (PKR) dipped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Google is Now Officially Registered as a Company in Pakistan
American tech giant Google has registered itself as a company with the Securities and Exchange Commission of Pakistan (SECP). Sources… Read More
Nimir Industrial Chemicals to Set Up Subsidiary in Uzbekistan
Nimir Industrial Chemicals Limited (NICL) will set up a wholly-owned subsidiary in the jurisdiction of Uzbekistan. According to a stock… Read More
JP Morgan Expects SBP to Raise Policy Rate to All-Time High
The State Bank of Pakistan (SBP) is expected to raise the policy rate by another 400 basis points from 16… Read More
KeepTruckin (Motive) Lays Off Hundreds of Employees Shortly After Rebranding
Motive (formerly KeepTruckin) announced to reduce its workforce by 6 percent and let go of 237 of its team members… Read More
Top Fertilizer Companies Join Forces With Mari Petroleum to Ensure Stable Gas Pressure
Pakistan’s top fertilizer manufacturers are entering the big game alongside pioneers Mari Petroleum Company Limited (MARI) to help ensure gas… Read More
Forex Reserves to Increase in 2nd Half of FY23: SBP Governor
State Bank of Pakistan (SBP) Governor Jameel Ahmad has said that all debt repayments are on track and the country’s… Read More
Roshan Digital Account Inflows Drop for Fifth Straight Month in November
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) were recorded at a total of $5.4 billion by the end… Read More
US Dollar Rises Higher 4th Day in a Row Against PKR As ‘Debt Trap’ Worries Investors
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan Inches Closer to Huge UAE Oil Import Deal
Pakistan has moved one step closer to clinching an important oil import deal with the United Arab Emirates. The government… Read More
After Google Payments, State Bank Blocks $225 Million Airline Funds
The State Bank of Pakistan (SBP) has blocked $225 million in airline funds for repatriation. Pakistan is at a high… Read More
