Zayn Capital VC has been officially rebranded as Zayn VC, a strategic move that aims to differentiate the fund from… Read More
PSO’s Receivables Surge to Record High of Rs. 740 Billion
The receivables of Pakistan State Oil (PSO) have touched the highest level of Rs. 740 billion of which Sui Northern… Read More
IMF Reminds Pakistan to Keep An Eye On Its State Owned Entities
The International Monetary Fund (IMF) said that the “triage reform process” negotiated by the Government of Pakistan requires keeping all… Read More
Rupee Drops Below 300 Against US Dollar for the First Time in Pakistan’s History [Updated]
The Pakistani rupee nosedived below 300 against the US Dollar during intraday trade today after breaching below 299 at 10:00… Read More
Rupee Slides to A New All-Time Low Against US Dollar 2nd Day in a Row
The Pakistani rupee slid to a new record low against the US Dollar today, making history 2nd day in a… Read More
Pakistan’s Exports to EU Stood at $9.5 Billion in FY23
Pakistan’s exports to European Union (EU) clocked in at $9.5 billion during the fiscal year 2022-23 (FY23), according to an… Read More
Banks Asked to Provide Payment Facility to Customers Via DIRBS
The State Bank of Pakistan (SBP) has advised all commercial and microfinance banks to start the facility for customers to… Read More
FBR Notifies Re-Organization of Directorate General of Reforms and Automation-Customs
The Federal Board of Revenue (FBR) has revised the functional jurisdiction of the officials of the Directorate General of Reforms… Read More
Rupee Crashes to New All Time Low Against US Dollar
The Pakistani rupee nosedived to a new record low against the US Dollar today, making history after opening trade at… Read More
Local Refineries Ask for Early Opening of Joint Escrow Accounts
Local refineries are seeking early opening of joint Escrow Accounts to hold capital expenditure for financing upgrade projects. Oil and… Read More
Paismo Raises $1.5 Million to Transform HR Tech in Pakistan and Globally
Paismo, an HR Tech startup, focusing on “hire to retire” solutions is revolutionizing the future of work in emerging markets.… Read More
Pakistan Received Foreign Loans of $2.89 Billion in July
Pakistan borrowed $2.891 billion in July 2023 from multiple financing sources against the annual budget estimates of $17.62 billion for… Read More
