The country’s textile group exports decreased by 3 percent in July 2024 and stood at $1.271 billion as compared to… Read More
SBP Reserves Increase by $119 Million in One Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $119 million on a… Read More
Pakistan’s Central Govt Debt Soars to Rs. 68.9 Trillion in June 2024
The total public debt stock of the federal government increased by 13 percent on a year-on-year (YoY) basis in June… Read More
Govt Reduces Price of Petrol Ahead of Schedule as Independence Day ‘Gift’
The federal government announced a reduction in the prices of petroleum products on Tuesday ahead of the scheduled fortnightly announcement… Read More
Pakistan’s Remittances Sustain $3 Billion Level for Third Straight Month in July 2024
Remittances sent by overseas Pakistanis increased by 47.6 percent to $3 billion in July 2024 compared to inflows of $2… Read More
SBP Reserves Increase by $51 Million Over Previous Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $51 million on a… Read More
Mari Petroleum to Set Up Subsidiary with Focus on Cloud Computing, AI
Mari Petroleum Company Limited (MPCL) Thursday announced that its Board of Directors has approved formation of a subsidiary with focus… Read More
Govt Raises Rs. 355 Billion Via T-Bills, Cut-Off Yields Down up to 54 BPS
The cut-off yields on Treasury Bills (T-Bills) went down by up to 54 basis points (bps) in the auction of… Read More
Indus Motor to Temporarily Halt Production for Second Time in a Month
Indus Motor Company Limited (PSX: INDU) Monday announced a three day plant shutdown due to supply chain challenges. In a… Read More
Cement Prices in Punjab to Rise as Provincial Govt Increases Royalty Rates
Punjab-based cement manufacturing plants are set to face a major shock as rates of royalty on raw material have been… Read More
Pakistan’s Trade Deficit Widens by Nearly 20% in July
Pakistan’s trade deficit surged by nearly 20 percent in the first month of the new fiscal year (FY25) i.e. July… Read More
SBP Reserves Post Increase of $75 Million After Major Decline Last Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $75 million on a… Read More
