Systems Limited has announced its financial results for the year ended December 31st, 2019. Pakistan’s oldest software house is continuing… Read More
660 MW Wind Power Projects to Start Operating by December 2021
Around 11 wind projects with a cumulative capacity of 660MW have achieved their financial closing and are likely to start… Read More
Dollar Price Hits an All Time High of Rs. 166
Pakistan Rupee (PKR) fell sharply in today’s early trading as the dollar was traded at Rs. 166 in the interbank.… Read More
PIA’s Losses May Reach Rs. 6 Billion by The End of March: Minister Aviation
Federal Minister for Aviation Ghulam Sarwar Khan has announced that Pakistan International Airline (PIA) has suffered a loss worth billions… Read More
IMF, World Bank Call for Suspending Debt Payments by Poorest Nations
The International Monetary Fund and World Bank has called for governments to put a hold on debt payments from the… Read More
SBP Allows 100% Advance Payment for Importing Medical Equipment
In order to support the measures being taken by the public and private sectors to fight against coronavirus in Pakistan,… Read More
USD to Rupee Rate Climbs to Rs. 160 – Highest Since June 2019
Pakistan Rupee (PKR) depreciated to its lowest level since June 2019 in today’s early trading as the dollar price was… Read More
SBP Cuts Interest Rate Again to Combat Uncertainty Amid Coronavirus Pandemic
The Monetary Policy Committee, in a rare move, made a cut of 150 basis points in the policy rate which… Read More
Rs. 1.2 Trillion Covid-19 Package: Govt Slashes Petrol Prices, Stipends for Millions & More
The government of Pakistan has announced Rs. 1,200 billion Economic Relief and Stimulus Package which seeks to provide relief to… Read More
PSX is Struggling Because of Coronavirus. What’s Next?
The Pakistan Stock Exchange has been in free fall over the past two weeks because of coronavirus fears. Cities in… Read More
Here’s What Pakistanis are Searching on Google During Corona Crisis
According to a research report by the Pakistan Institute of Development Economics, coronavirus related searches have trumped all other searches… Read More
SBP Directs Banks To Ensure Supply of Disinfected Currency Notes
In order to prevent the spread of COVID-19 through cash, State Bank of Pakistan (SBP) has issued directives to commercial… Read More
