The Pakistan Sugar Mills Association (PSMA) has asked the Commerce Ministry to allow the export of expensively produced sugar. In… Read More
Govt Wants PIA Bidders to Be Worth At Least Rs. 30 Billion
The federal government has approved the eligibility criteria for potential buyers of Pakistan International Airlines (PIA) who want to acquire… Read More
Saudi Arabia Likely to Invest $1 Billion in Reko Diq
The Kingdom of Saudi Arabia will likely invest up to $1 billion in the Reko Diq gold and copper mine,… Read More
Rupee is Killing It – But Here’s Why It Could Be Misleading
The Pakistani Rupee (PKR) has been slowly recovering but at a price. The real effective exchange rate (REER) measures the… Read More
Finance Minister Doesn’t See Any Pressure on Rupee For Next 6 Months
Federal Minister for Finance and Revenue Muhammad Aurangzeb expressed optimism about the stability of the Pakistani rupee (PKR) despite the… Read More
Karachi Traders to Meet Tomorrow to Discuss FBR’s New Tajir Dost Registration Scheme
Karachi traders have called a meeting on April 3 (Wednesday) to discuss the new Tajir Dost registration scheme of the… Read More
Pakistan to Get Costly $500 Million Loan From ADB
The federal government has decided to get a $500 million loan from the Asian Development Bank (ADB). The Central Development… Read More
World Bank Predicts Pakistan’s GDP Growth Rate Below 3% In Next 3 Years
Pakistan’s economy is expected to grow by only 1.8 percent in the current fiscal year ending June 2024, while no… Read More
Agritech Ltd Converts Preference Shares into Ordinary On Bank Alfalah’s Request
Agritech Limited (PSX: AGL) has complied with a request made by Bank Alfalah Limited (PSX: BAFL) for conversion of its… Read More
Pakistan’s Trade Deficit Soars 56% to $2.2 Billion in March
Pakistan’s trade deficit narrowed down by 24.94 percent in the first nine months (July-March) of the current fiscal year 2023-24… Read More
Rupee Up 9th Day in a Row After Marginal Increase Against US Dollar
The Pakistani rupee gained further ground 9th day in a row against the US Dollar after opening trade at 278… Read More
Pakistan’s Inflation Drops to Lowest Level in 22 Months
The Consumer Price Index (CPI) based inflation increased to 20.68 percent on a year-on-year basis in March 2024 as compared… Read More
