Standard Chartered Bank (Pakistan) Limited (PSX: SCBPL) has attributed the recent “unusual movement” in its share price to the bank’s… Read More
International Reporting Standards Critical to Modernizing Insurance Industry: SECP Commissioner
Aamir Khan, Commissioner Insurance at SECP stated that the adoption of international reporting standards for modernizing Pakistan’s insurance industry is… Read More
Traders Threaten Protests Against FBR’s New Tajir Dost Registration Scheme
The All Pakistan Traders Association has threatened protests if traders’ concerns aren’t addressed by the government, with the date likely… Read More
Bad Loans Rise Sharply Over Rs. 1 Trillion in 2023
Non-performing loans (NPLs) disbursed by the banking industry surged by more than Rs. 70 billion in 2023, the latest data… Read More
Pakistan Wants $3.5 Billion Loan From Saudi Arabia for Diamer Bhasha Dam
Pakistan has formally requested $3.5 billion funds from Saudi Arabia for the Diamer-Bhasha Dam. Saudis will respond to this request… Read More
Pakistan Just Got $6.9 Billion in Foreign Loans During Tough 9 Months of FY24
The country borrowed just $6.899 billion from multiple financing sources during the first nine months (July-March) of the current fiscal… Read More
Minister of Industries Vows to Increase Livestock Exports From Pakistan
Federal Minister of Industries and Production and National Food Security Rana Tanveer Hussain has said the government is committed to… Read More
Fatima Fertilizers Announces Big Increase in Urea Prices
Fatima Fertilizer Company Limited (PSX: FATIMA) has increased urea prices by Rs. 551 per bag. Our channel checks have confirmed… Read More
HBL Posts Rs. 15 Billion Profit After Tax in Q1 2024
HBL today declared a consolidated profit before tax of Rs. 30.1 billion for the quarter ended March 31, 2024, 40… Read More
Finance Minister Expects IMF Staff Level Agreement in June-July
Finance Minister Muhammad Aurangzeb expects to reach a Staff-Level Agreement on a bigger loan program with the International Monetary Fund… Read More
Here’s Why Petrol Pumps Could Shut Down Across Pakistan Soon
Petrol pumps may get closed across Pakistan soon as refineries struggle to cope with declining fuel sales and an abundance… Read More
Chinese Power Giant Again Withdraws Offer to Acquire Majority Stake in K-Electric
China’s Shanghai Electric Power Company has withdrawn its public announcement of intention (PAI) for acquiring up to 66.40 percent ordinary… Read More
