The foreign exchange reserves held by the central bank decreased by another 5.5 percent on a weekly basis, according to… Read More
PM Shehbaz Directs to Immediately Restore Wikipedia in Pakistan
Prime Minister Shehbaz Sharif on Monday directed to immediately restore Wikipedia services in Pakistan. The Pakistan Telecommunication Authority (PTA) had… Read More
Kohinoor Textile Announces 30 Million Shares Buy Back
Kohinoor Textile Mills Limited will buy back up to a maximum of 30 million of its own shares constituting 10.023… Read More
CEOs of Leading Telcos Warn Govt of Impending Digital Catastrophe
The Chief Executive Officers (CEOs) of the country’s top telecom companies on Thursday warned the government that the dream of… Read More
SBP Reserves Fall by Over Half a Billion Dollars
The foreign exchange reserves held by the central bank decreased by another 16 percent on a weekly basis, according to… Read More
ECC Okays Revised Conditions for Export of Sugar
The Economic Coordination Committee (ECC) of the Cabinet on Thursday approved revised conditions regarding the export of sugar. Finance Minister… Read More
SBP’s Reserves Plunge Massively Due to Debt Repayment
The foreign exchange reserves held by the central bank decreased by 20 percent on a weekly basis, according to data… Read More
ECC Approves Rs. 8.39 Billion Cash Subsidy for Farmers of Flood-Affected Areas
The Economic Coordination Committee (ECC) of the Cabinet on Wednesday allowed the provision of Rs. 8.39 billion in favor of… Read More
SBP Raises Interest Rate to Highest Ever in Over 2 Decades
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Monday raised the policy rate by 100 basis points… Read More
PM Forms Austerity Committee as Financial Challenges Mount
Prime Minister Shehbaz Sharif has constituted a National Austerity Committee to conserve resources and take austerity measures for ensuring rational… Read More
Nishat Mills to Acquire Personal Protection and Workwear Manufacturing Firm Wernerfelt
Nishat Mills Limited has decided to acquire 100 percent of the issued share capital (along with the transfer of complete… Read More
Pakistan’s Textile Exports Down 7% in First Half of FY23
The country’s textile group exports declined by 7 percent in the first half (July-December) of the current fiscal year 2022-23… Read More
