State Bank of Pakistan on Tuesday formally legalised and encouraged the use of virtual assets by implementing the Virtual Assets… Read More
Saudi Arabia Gives Pakistan $3 Billion More, Also Extends $5 Billion Deposit
Saudi Arabia has committed $3 billion in additional deposits for Pakistan, with the funds expected to be disbursed in the… Read More
Govt Moves Closer to Sale of PIA Hotel in New York
The Privatisation Commission has moved forward with the sale of three major power distribution companies and approved the top-ranked adviser… Read More
Finance Minister Already Hinting At New IMF Loan As $1.3 Billion Deposit Nears
Pakistan expects to receive the next $1.3 billion tranche from the International Monetary Fund (IMF) soon, Finance Minister Muhammad Aurangzeb… Read More
Too Late Again: Govt Clears Hybrid Cotton Imports After Farmers Finish Sowing
Pakistan has allowed the import of hybrid cottonseed after prolonged delays in issuing the Standard Operating Procedures (SOPs). Under the… Read More
Donald Trump’s Gulf War Turns into $19 Billion Payday for Russia
Russia’s revenues from crude oil and refined products rebounded sharply in March, nearly doubling to $19 billion from $9.75 billion… Read More
Finance Minister Pitches Cashless Payments Agenda in Meeting With Mastercard
Finance Minister Muhammad Aurangzeb held a meeting with Tucker Foote, Chief Government Affiars at Mastercard in Washington, D.C. on the… Read More
Govt Caught Sleeping As Half of Pakistan’s Cigarette Industry Now in Illegal Hands
While late to the party, Pakistan has launched a federal and provincial crackdown on the illicit cigarette trade, after a… Read More
Alibaba Officially Enters Pakistan With Buy Now Pay Later Shopping Services
Securities and Exchange Commission of Pakistan has granted a non-banking finance company license to Coco Tech Pakistan, a subsidiary linked… Read More
Prema Milk Owner Raises Rs. 800 Million in Sukuk Auction
At-Tahur Limited (PSX: PREMA) has successfully raised Rs. 800 million through a Sukuk III issue, according to a material information… Read More
Urea Prices Likely to Rise Again in Pakistan
Pakistan’s two largest fertilizer producers, Fauji Fertilizer Company and Engro Fertilizers, are expected to further increase urea prices by Rs.… Read More
Aurangzeb Tells Trump’s Top Treasury Aide Govt Will Honor All Debt Payments
Pakistan’s Finance Minister Muhammad Aurangzeb held a meeting with Jonathan Greenstein in Washington, D.C. to discuss the country’s reform agenda… Read More
