The State Bank of Pakistan (SBP) expects foreign exchange reserves to stay above $9 billion by end-June 2024 despite repayments… Read More
CCP Approves Artistic Milliners’ Acquisition of Wind Power Producer
The Competition Commission of Pakistan (CCP) has approved the acquisition of 100 percent shareholding of M/s Tenaga Generasi Limited (TGL),… Read More
Gold Price in Pakistan Steady After Saturday’s Slump
The price of gold in Pakistan remained unchanged on Monday after dropping by over Rs. 3,500 per tola on Saturday.… Read More
FPCCI Chief Terms Interest Rate Cut Too Little, Too Late
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Atif Ikram Sheikh Monday termed the 150 basis points (bps)… Read More
SadaPay CEO Brandon Timinsky Resigns Days After Papara Acquisition
Just days after Turkish-fintech unicorn Papara’s acquisition of Pakistan-based Electronic Money Institution (EMI) SadaPay, CEO Brandon Timinsky has resigned from… Read More
Govt Conditionally Allows to Export 150,000 Metric Tons of Sugar
A meeting of the Sugar Advisory Board (SAB) chaired by the Federal Minister for Industries and Production، Rana Tanveer Hussain… Read More
Govt Set to Allocate Close to Rs. 9 Billion for Healthcare Projects in Upcoming Budget
The federal government is set to include over 60 projects of the Ministry of National Health Services, Regulation and Coordination… Read More
Rupee Begins Budget Week With Losses Against US Dollar
The Pakistani rupee (PKR) started the week with losses against the US Dollar today after opening trade at 278 in… Read More
SBP Cuts Interest Rate For the First Time in 4 Years
In a big move, the State Bank of Pakistan (SBP) Monday announced that it has decreased the interest by 150… Read More
Visa Launches New Service For Cardholders to Track Their Subscriptions
Visa (NYSE: V), a world leader in digital payments, today announced the launch of Subscription Manager, a new, all-in-one service… Read More
CDC Pakistan and Pakistan’s first Digital Insurer Ink Agreement For Information Sharing
Newly licensed by SECP, Pakistan’s first Digital Insurer Salaam Family Takaful Limited (SFTL) and Central Depository Company of Pakistan Limited… Read More
Load-Shedding to Worsen As Electricity Shortfall Nears 6,000 MW
Electricity shortfall in Pakistan has reached 5,902 MW as summers intensify. Sources said due to the current shortfall, load shedding… Read More
