Voyage Freight, a digital freight forwarding startup, has announced the successful closure of its pre-seed funding round securing over $1… Read More
ECC Approves Recovery of Rs. 0.46 per Unit Surcharge From K-Electric Consumers
The Economic Coordination Committee (ECC) of the Federal Cabinet Friday approved the recovery of Rs. 0.4689 per unit second quarterly… Read More
IMF Calls on Pakistan to Enforce Stricter Anti-Money Laundering Measures
The International Monetary Fund (IMF) has called on Pakistan to enforce more stringent Anti-Money Laundering (AML) measures and a clear… Read More
Rupee Falls 14th Day in a Row Against US Dollar After Moody’s Warning
The Pakistani rupee fell 14th day in a row against the US Dollar today after opening trade at 287 in… Read More
Saudi Investors Take FIA to Court Over Alleged Corruption Worth Billions
Saudi investors have petitioned the Islamabad High Court (IHC) to reprimand the Federal Investigation Agency (FIA) for failing to address… Read More
Pakistan Records Highest Remittance Inflows Since March
Remittances sent by overseas Pakistanis increased by 10 percent year-on-year (YoY) to $2.46 billion in October 2023 compared to inflows… Read More
IMF Unhappy With Delay in Evaluation of State Owned Entities
The International Monetary Fund (IMF) has expressed concern about the delay in revising the evaluation of state-owned enterprises (SOEs) under… Read More
Bank Alfalah Official Statement Clarifies Misconceptions on Ban on Donations
In reference to the leaked internal memo, Bank Alfalah has released an official statement. Bank Alfalah Limited has issued an… Read More
IMF Wants to Tax Pakistan’s Agriculture, Real Estate and Retail Sectors
Negotiations on the first review of Pakistan’s $3 billion Standby Arrangement have turned up the heat as the International Monetary… Read More
KSE-100 Settles At Record High As PSX Volume Hits Highest Level in Two Years
The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 soared to an all-time high on Wednesday, surging past the previous record… Read More
IMF Recommends Issuance of Sovereign Bonds to Bridge Financing Needs
The International Monetary Fund (IMF) has recommended the privatization of state assets and issuance of sovereign bonds to address critical… Read More
Rupee Falls 13th Day in a Row Against US Dollar
The Pakistani rupee fell 13th day in a row against the US Dollar today after opening trade at 282.5 in… Read More
