The Board of Directors of Silkbank (PSX: SILK) has approved the amalgamation of the bank with and into United Bank… Read More
Gold Rate in Pakistan Stable After Yesterday’s Increase
The price of gold in Pakistan remained unchanged on Wednesday after posting a slight increase on Tuesday. According to data… Read More
PRL Denies Reports of Agreement for Import of Crude Oil from Russia
Pakistan Refinery Limited (PSX: PRL) Wednesday clarified that no agreements or commitments have been made by PRL to import crude oil… Read More
Housing Shortage in Pakistan Spikes to 2.1 Million Units: Report
There is currently a severe housing crisis in Pakistan as families and individuals face a shortage of over 2.1 million… Read More
Pakistan Agrees to Import Russian Crude Oil on a Discount
Pakistan has agreed to import Russian crude oil at a discounted rate from January 2025 onward after receiving offer during… Read More
IT Minister Shaza Fatima Thanks Freelancers and Influencers for Promoting Pakistan
The Minister of State for IT and Telecommunication, Shaza Fatima Khawaja, highlighted the significant role of freelancers and influencers in… Read More
Govt Could Fail to Achieve 5 Key IMF Targets Set for December-January
The federal government could miss five key targets set under the International Monetary Fund (IMF) loan program, Finance Ministry sources… Read More
Petroleum Sales in Pakistan Hit Highest Level in Over 2 Years
Pakistan recorded OMC sales of 1.58 million tons up by 15 percent year-on-year (YoY) in November 2024. According to Topline… Read More
Khunjerab Pass Opens for Full-Year Trade Between Pakistan, China, Central Asia
The Khunjerab Pass has been made operational for round-the-year trade between Pakistan, China, and Central Asian Republics (CARs). This landmark… Read More
IT Sector Loses More Than $1 Million Per Hour Due to Internet Shutdowns
Pakistan’s Information Technology sector suffered losses of more than $1 million per hour on account of the internet shutdown, said… Read More
China is Pakistan’s Biggest Financier With Almost $29 Billion in Loans in 2023
The World Bank (WB) has estimated Pakistan’s total external debt stocks at $130.847 billion by end-2023 compared to $127.708 billion… Read More
Cement Sales Grow Nearly 6% in November 2024
The total Cement sales during November 2024 were 4.146 million tons against 3.927 million tons despatched during the same month… Read More
