Saudi Arabia will assist Pakistan’s finances as it seeks to strengthen alliances with countries grappling with the effects of inflation,… Read More
Fact Check: No, Telenor is Not Closing Operations in Pakistan
Telenor on Thursday categorically denied the news item in the media regarding the operator’s plans to shut down operations in… Read More
Rupee Loses Further Against US Dollar As Business Crisis Worsens
The Pakistani Rupee (PKR) fell further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan’s Domestic Debt to Reach Record High of Rs. 55 Trillion in Early 2023
With domestic debt already hitting historic levels of above Rs. 50 trillion as of October 2022, the government plans on… Read More
Govt to Extend Tax Laws Ordinance 2022 for Another 120 Days
The government has decided to extend the Tax Laws (Second Amendment) Ordinance 2022 to continue with the taxation measures of… Read More
Pakistan Will Not Default, IMF Talks Underway: Minister
Minister of State for Finance Dr. Aisha Ghaus Pasha said Tuesday that Pakistan has made timely payments on its Sukuk… Read More
Bank Alfalah Limited to Buyback 200 Million Shares
Bank Alfalah Limited (BAFL) will buyback up to 200 million ordinary shares having a face value of Rs. 10 per… Read More
US Dollar Climbs Back Above 224 Against PKR As Economic Woes Intensify
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Afghan Coal is Being Smuggled into Pakistan to Bypass Import Restrictions
With import restrictions and liquidity shortfalls already crippling the economy, Pakistani importers are now buying Afghan coal through informal channels.… Read More
Finance Ministry to Halve Development Funds For Getting IMF Loan
The Finance Ministry has reportedly decided to slash the Public Sector Development Program (PSDP) by almost 50 percent to Rs.… Read More
GSKCH Will Now Be Called Haleon Pakistan Ltd
GlaxoSmithKline Consumer Healthcare (GSKCH), a subsidiary of GlaxoSmithKline Consumer Healthcare B.V, has decided to change its name to ‘Haleon Pakistan… Read More
Rupee Falls Against US Dollar As Default Scare Erases Gains
The Pakistani Rupee (PKR) was all red against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
