The International Monetary Fund (IMF) has expressed deep concern over the widespread smuggling of 120,000 tons of petroleum products per… Read More
SECP Provides Legal Backing For Eradication of Riba
The Securities and Exchange Commission of Pakistan (SECP) has given legal backing to the “Islamic financial institutions”, offering Islamic financial… Read More
Huawei Connect 2023 Set to Begin Tomorrow in China
Huawei Connect 2023, the highly anticipated technology extravaganza of the year, is gearing up to command the spotlight from September… Read More
Pak Suzuki to Shutdown Motorcycle Plant for 3 Days
Pak Suzuki Motor Company (PSX: PSMC) has decided to shut down the motorcycle plant for three days, the automaker informed… Read More
Dawood Lawrencepur to Invest Rs. 15 Million in Reon Alpha Right Issue
Dawood Lawrencepur Limited announced on Tuesday that it will invest Rs. 15 million in the right issue announced by Reon… Read More
Pakistan’s IT Exports Increase Marginally in August
Pakistan’s Information Technology (IT) exports for August 2023 increased by 3 percent on a year-on-year (YoY) basis to $235 million… Read More
Power Sector’s Circular Debt Declines By Rs. 336 Billion
The power sector circular debt declined by Rs. 336 billion to Rs. 2,310 billion in June 2023 compared to a… Read More
Car Financing Declines 14th Month in a Row
Pakistan’s car market continues to remain in low gear with auto-financing extending its descent during the month of August. It… Read More
PIA Seeks Debt Freeze in Bid to Survive
Pakistan International Airlines (PIA) seeks a freeze on domestic loan repayments in order to bridge a Rs. 153 billion annual… Read More
PTA Conducts Successful Raids Against Illegal Internet Service Providers
In its continuous efforts to eliminate the rampant proliferation of illegal internet services, the Pakistan Telecommunication Authority (PTA) conducted two… Read More
ZTBL to Hand Over 1,000 Tablets For Empowering Farmers
Zarai Taraqiati Bank Limited (ZTBL), a premier financial institution geared towards developing the agriculture sector has joined forces with a… Read More
Rupee Crash Has Doubled Capacity Payments for Power Projects: Secretary
Due to the Pakistani Rupee’s (PKR) depreciation from 100 to 300 against the US Dollar, capacity payments have doubled from… Read More
