Pakistan wants $600 million in new loans from two Chinese banks and is also optimistic about the successful conclusion of… Read More
Rupee Inches Lower 12th Day in a Row Against US Dollar
The Pakistani rupee fell 12th day in a row against the US Dollar today after opening trade at 282.725 in… Read More
8 International Companies Offer to Privatize Money-Hungry PIA
Eight international companies have responded to Pakistan’s request for the privatization of Pakistan International Airlines. The Privatisation Commission received technical… Read More
Pakistan Tells IMF Current Account Deficit to Remain Below $4.5 Billion
Pakistan has informed the International Monetary Fund (IMF) that its current account deficit (CAD) may remain below $4.5 billion due… Read More
Islamabad High Court Should Not Intervene in Other Provinces’ Sales Tax Laws: SC
The Supreme Court has held that the Islamabad High Court (IHC) lacked jurisdiction, and should not have entertained the writ… Read More
Chevron Keen On Setting Up Fuel Storage Facility in Pakistan
Global heavyweight Chevron Energy Joint is interested in storing and selling petroleum products in and outside Pakistan. The company has… Read More
Rupee Loses Big Against Major Currencies
The Pakistani rupee fell 11th day in a row against the US Dollar today after opening trade at 282 in… Read More
Caretaker Finance Minister Confident of Successful Talks with IMF
Caretaker Finance Minister Dr Shamshad Akhtar on Monday said she was optimistic about the ongoing negotiations with the International Monetary… Read More
PIA Settles $26 Million Lease Issue With Asia Aviation Capital
Pakistan International Airlines Corporation Limited (PIACL) has apparently settled a $26 million lease issue with Asia Aviation Capital Limited (AACL)… Read More
Refineries Seek Termination, Force Majeure Clauses in Upgrade Agreement
Local refineries want the option to terminate the contract and force majeure in their upgrade deal with the Oil and… Read More
Innovative Wins Gold for ‘iEngage’ at ICT Awards
Innovative Pvt Limited (IPL) has been recognized as a trailblazer in the FinTech industry by securing the Gold Award for… Read More
IMF Wants Pakistan to Convert Primary Deficit into Surplus
The International Monetary Fund has focused mainly on Pakistan’s fiscal framework for 2023-24, with an emphasis on converting Pakistan’s primary… Read More
