Pakistan’s foreign exchange reserves declined by $38 million in the week that ended on 10 September, according to data released… Read More
Rupee Makes A Remarkable Recovery Against All Currencies After SBP Warning
The Pakistani rupee (PKR) appreciated against the US dollar (USD) on Thursday, recovering from September 15’s record low and gaining… Read More
Searle Plans Subsidiary’s IPO, Follows Octopus Digital and Airlink IPOs
Pakistan’s pharmaceutical giant, Searle, is planning an initial public offering of its wholly-owned subsidiary. The parent company intends to issue… Read More
Prime Minister Imran Khan Heads to Tajikistan to Attend SCO Summit
Prime Minister Imran Khan has reached Tajikistan for a two-day visit to attend the Shanghai Cooperation Organization annual summit. The… Read More
Interloop Announces $300 Million Expansion Plan
Faisalabad-based knitting and apparel manufacturer Interloop plans to invest $300 million in expansion efforts over the next five years. The… Read More
PSO Saved $295 Million on LNG Imports in 2021
Pakistan State Oil saved approximately $295 million on LNG imports by taking a number of cost-cutting actions in 2021. In… Read More
National SME Policy Will Offer Financial and Tax Incentives
The federal Minister for Industries and Production, Makhdum Khusro Bakhtyar, chaired a consultative meeting with small and medium-sized enterprises stakeholders this… Read More
Rupee Breaks Yesterday’s Record and Hits A New All-Time Low
The Pakistani Rupee has weakened further to a new all-time low against the US Dollar, and lost 17 paisas against… Read More
FBR Issued Notices to 200,000 Unregistered Individuals
The Federal Board of Revenue has issued notices to more than 200,000 high net worth unregistered persons in a bid… Read More
KP Govt to Collaborate With PMFA to Boost Peshawari Chappal Exports
Peshawar’s footwear industry needs to upgrade its tools and production processes, said Special Assistant to Khyber-Pakhtunkhwa Chief Minister Abdul Karim.… Read More
SBP Pumped $1.2 Billion into Currency Markets in 3 Months to Stabilize Rupee
The State Bank of Pakistan (SBP) injected $1.2 billion into the currency market in the past three months to offset… Read More
OGDCL’s Circular Debt Hits Rs. 701 Billion
Oil and Gas Development Company Limited’s circular debt has hit Rs. 701 billion and is continuing to expand, as revealed… Read More
