The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $24 million on a… Read More
Govt to Announce Revised IPP Agreements Soon
The federal government will soon announce new deals with Independent Power Producers (IPPs). IPP owners were strongarmed in accepting the… Read More
Hamster Kombat Token Crashes 30% After Binance Listing
The newly launched play-to-earn (P2E) Hamster Kombat (HMSTR) token crashed shortly after being listed on major cryptocurrency exchanges such as… Read More
IMF Demands More Power Subsidy Cuts, Revision of NFC Reward, Tax Reforms
Pakistan faces stricter conditions under the recently approved International Monetary Fund (IMF) $7 billion loan program. Finance Ministry sources told… Read More
FBR to Freeze Bank Accounts and Cut Electricity Meters of Unregistered Businesses
The Federal Board of Revenue (FBR) has decided to punish unregistered businesses by freezing their bank accounts, seizing their property,… Read More
TPL Tracker Commences Transfer of Large Stake in Middle East Subsidiary to UAE’s Gargash Group
TPL Trakker Limited (PSX: TPLT) has announced that the transfer of a 50.1 percent equity stake in Trakker Middle East… Read More
Govt Expands Debt Management Strategy With Changes in Buyback Program
The government has notified changes in the existing Buyback Program and enhanced its scope from the existing “Buyback Program” to… Read More
ADB Inks $500 Million Education Funding Agreement for Pakistan, Other Asian Countries
The Asian Development Bank (ADB) has signed an agreement with the International Finance Facility for Education (IFFEd) that will enable… Read More
Electricity Suspension Schedule Announced by IESCO for Islamabad, Rawalpindi for Friday
The Islamabad Electric Supply Company (IESCO) has issued a power suspension schedule for Friday (September 27) for various areas of… Read More
PIA Privatization is Reportedly Being Influenced to Favor a Private Company
Efforts are being made to extend the bidding period for the privatization of Pakistan International Airlines (PIA) by a month,… Read More
FBR Announces Prize Scheme for Customers Who Report Unverified Invoices
The Federal Board of Revenue (FBR) Thursday announced a prize scheme for customers of integrated tier-1 retailers, who would report… Read More
BF Biosciences IPO Oversubscribes 3.4x
The book-building process of BF Biosciences’ Initial Public Offer (IPO) has concluded with an oversubscription of 3.40 times, the company… Read More
