Following the State Bank of Pakistan’s (SBP) decision to maintain the interest rate at 12 percent, the Karachi Interbank Offered… Read More
SECP Registered 3,046 Companies in February 2025
The Securities and Exchange Commission of Pakistan (SECP), registered 3,046 new companies in February 2025. This brings the total number… Read More
Massive Reduction Expected in Petrol Price
Petrol prices in Pakistan are expected to decrease by Rs. 13 to Rs. 15 per litre in the coming days.… Read More
Pakistani CEOs Anticipate Significant Economic Improvement Compared to Last Year
Pakistan’s business leadership, including the CEOs of various companies, has expressed optimism about the country’s economic growth. According to PwC’s… Read More
PTCL Appoints Zarrar Hasham Khan as Chairman
Pakistan Telecommunication Company Limited (PTCL) has appointed Zarrar Hasham Khan as its new chairman, replacing Azfar Manzoor, according to a… Read More
Supernet Secures Rs. 800 Million Contract to Provide Connectivity Solutions to Major Bank
Supernet Limited has announced a significant business development, securing a major contract with one of Pakistan’s largest banks to provide… Read More
NCERT Warns of Critical Vulnerabilities in Enterprise Software
The National Computer Emergency Response Team (NCERT) has issued an advisory regarding critical vulnerabilities identified in VMware ESXi hypervisors. a… Read More
PIA Sale Scheduled for July, Govt Assures IMF
Pakistan has committed to the International Monetary Fund that it will sell Pakistan International Airlines by July, while decisions about… Read More
Silkbank is now UBL as SBP Approves Merger
The State Bank of Pakistan (SBP) has officially sanctioned the amalgamation of Silk Bank Limited (SBL) with United Bank Limited… Read More
Remittances Sent by Overseas Pakistanis Cross $3.1 Billion in February 2025
Remittances by overseas Pakistanis increased by 55 percent year-on-year (YoY) to $3.1 billion during February 2025 compared to $2.3 billion… Read More
Rupee Falls as Dollar Crosses 280 for First Time in Months
The Pakistani Rupee (PKR) depreciated by 10 paisa against the US Dollar (USD) in the interbank trading on Monday and… Read More
Govt to Increase Electricity Price for Net Metering Users
The federal government is working to cut the buyback rate for excess electricity while increasing the grid supply price for… Read More
