The federal Cabinet has approved a reduction in the additional customs duty on auto parts from seven percent to two… Read More
Finance Minister Commends NITL’s Social Impact Fund
The Managing Director of National Investment Trust Limited, Adnan Afridi, called on the Minister of Finance, Shaukat Tarin, according to… Read More
Pakistan Single Window Launches Online Banking Profile Feature
The Pakistan Single Window has successfully launched an ‘online registration of banking profile’ feature in collaboration with the State Bank… Read More
Rupee Crashes to Its Lowest Ever Against the US Dollar
The Pakistani Rupee slid to an all-time low against the US Dollar (USD) today. The local currency (PKR) lost 85… Read More
BridgeLinx Raised $10 Million in Pakistan’s Largest Seed Funding Round
BridgeLinx, a Lahore-based freight startup, raised $10 million in Pakistan’s largest seed funding round, adding to the country’s recent high-profile… Read More
Engro Enfrashare Signs Rs. 4.5 Billion Islamic Syndicated Facility with Meezan Bank
Engro Enfrashare, a wholly-owned subsidiary of Engro Corporation, has entered into an Islamic syndicate arrangement totaling Rs. 4.5 billion, according… Read More
China Intends to Boost Investment in Pakistan: PM Imran Khan
In a meeting with a Chinese delegation, Prime Minister Imran Khan said that Chinese investment will boost employment opportunities in… Read More
SBP Will Not Adjust Monetary Policy in September: Survey
A majority of financial market participants believe that the State Bank of Pakistan will not adjust the monetary policy in… Read More
Cabinet Committee on Energy Approves Pakistan Oil Refinery Policy 2021
A meeting of the Cabinet Committee on Energy was held under the Chairmanship of the Federal Minister for Planning, Development… Read More
Islamic Trade Finance Corporation to Increase Annual Financing: Economic Affairs Division
A virtual meeting was held today between Omar Ayub Khan, Minister for Economic Affairs, and Hani Salem Sonbol, CEO of… Read More
Rupee Continues to Weaken Against the US Dollar Nearing an All-Time Low
The Pakistani Rupee lost 8 paisas against the US Dollar (USD) to close at Rs. 168.10 today. The local currency… Read More
SNGPL Revokes Gas Supply Suspension
Sui Northern Gas Pipelines Limited decided to continue the supply of gas to consumers from September 13 to September 15,… Read More
