The State Bank of Pakistan (SBP) on Friday received $500 million from the Industrial and Commercial Bank of China (ICBC),… Read More
Pakistan to Get $1.3 Billion Financing from Chinese Bank in Coming Days: Dar
Finance Minister Ishaq Dar Friday reiterated that the country would not default and blamed former prime minister Imran Khan for… Read More
Govt Reduces Price of Petrol by Rs. 5 Per Liter
The federal government has decided to decrease the price of petrol by Rs. 5 per liter, while the price of… Read More
Attock Petroleum’s Profit Dips by 16% in 1HFY23
Attock Petroleum Limited (APL) Monday reported a 16 percent drop in its half-yearly profit after tax as the company’s operating… Read More
DHL to Stop Some Services in Pakistan Due to Govt Restrictions
DHL, the global leader in the logistics industry, has announced that it suspending some of its services in Pakistan as… Read More
SBP Receives $700 Million Loan from China Development Bank
The State Bank of Pakistan (SBP) on Friday received $700 million as proceeds of a loan from the China Development… Read More
SBP Reserves Rise for Second Consecutive Week
The foreign exchange reserves held by the central bank registered their second consecutive weekly increase, according to data released by… Read More
Govt Raises Rs. 258 Billion Via T-Bills, Cut-Off Yield Soars up to 206 BPS
The cut-off yields on Treasury Bills (T-Bills) went up by 206 basis points (bps) in the auction of the paper… Read More
DG Khan Cement Half-Year Profit Slumps by Over 55%
D.G. Khan Cement Company Limited (DGKC) has seen its half-year (1HFY23) profit after tax (PAT) slump by 57 percent to… Read More
PFVA Requests PM to Withdraw Proposed FED on Beverage Industry
The All Pakistan Fruit & Vegetable Exporters, Importers, and Merchants Association (PFVA) has requested Prime Minister Shehbaz Sharif to step… Read More
IMF Chief Says Pakistan Needs to Tax the Rich and Protect the Poor
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has said that Fund has asked Pakistan to raise tax revenues and… Read More
Pakistan’s Textile Exports Decline 8% in First 7 Months of FY23
Pakistan’s textile group exports declined by around 8.17 percent during the first seven months (July-January) of the current fiscal year… Read More
