United Bank Limited (PSX: UBL) has announced the conclusion of the largest private-sector lending to Engro Fertilizers Limited to the… Read More
Food Inflation Down, Public Debt Now At Sustainable Level, PM Shehbaz Tells China
Prime Minister Muhammad Shehbaz Sharif met Dr. Wu Fulin, Chairman of China’s Export-Import Bank (CEXIM) in Beijing today. Prime Minister… Read More
PSX Proposes Lower Tax Rates For Listed Companies in Budget 2024-25
Pakistan Stock Exchange (PSX has proposed that the rate of tax for all listed companies be permanently lowered by giving… Read More
Pakistan Eager to Enter Chinese Capital Market to Raise More Money: Finance Minister
Pakistan is eager to access Chinese capital market as part of its strategy to raise international finances, Finance Minister Muhammad… Read More
ADB Approves $250 Million Loan For Public Private Partnerships in Pakistan
The Asian Development Bank (ADB) has approved a $250 million policy-based loan to help the Government of Pakistan drive sustainable… Read More
Bank Loans to Private Sector Surge by 47% in 11 Months of FY24
Total bank loans to the private sector clocked in at Rs. 9.27 trillion in 11 months of the current financial… Read More
Govt Unsure of 15% Additional Tax on Bank Profits
The government doesn’t understand if it should withdraw a 15 percent tax on bank profits from lending to the Finance… Read More
World Bank Likely to Restructure 1,410 MW Project to Extend Closing Date for $390 Million Loan
The World Bank is likely to restructure Tarbela Fourth Extension Hydropower Project (T4HP) to extend the closing date of IBRD… Read More
Rupee Gains Six Paisas Against US Dollar To End Session
The Pakistani rupee (PKR) rose slightly against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Habib Metro Bank Starts Its Currency Exchange Operations
Habib Metropolitan Bank Limited (PSX: HMB) has started its currency exchange operations, the bank informed the Pakistan Stock Exchange on… Read More
Uncertainty Looms Over Budget Presentation Next Week
The presentation of Federal Budget 2024-25 is facing big uncertainty as many issues remain unresolved. The budget is scheduled for… Read More
PSX Approves Listing of Two New ABL Money Market Funds
Allied Bank Limited (PSX: ABL) has expanded its money market offerings with two new listings on the Pakistan Stock Exchange,… Read More
