Pakistan’s pursuit of the ninth review of its International Monetary Fund (IMF) program has proven to be elusive, casting doubt… Read More
Rupee Ends Week With More Losses Against US Dollar
The Pakistani rupee dropped further against the US Dollar during intraday trade today after opening trade at 279.75. The Pakistani… Read More
IMF’s Reluctance to Revive Loan Program Likely Due to Political Uncertainty: Bloomberg
Political unrest in Pakistan is likely one of the reasons the International Monetary Fund (IMF) is hesitant to revisit the… Read More
ABHI Acquires 2.74 Million Shares in BlueEX
ABHI Private Limited (ABHI) has acquired an equity stake in Universal Network Systems Limited (PSX: GEMUNSL), operating under the brand… Read More
ICAP Want Govt to End Tax Exemptions for High-Ranking Government and Military Officials
The Institute of Chartered Accountants of Pakistan (ICAP) has strongly recommended the withdrawal of income tax exemptions to high-profile officials/positions… Read More
Pakistan Will Default Without IMF and World Will Abandon Us: Miftah Ismail
Former finance minister Miftah Ismail said on Thursday that Pakistan needs the International Monetary Fund (IMF) to avoid default. While… Read More
Foreign Loan Inflows Fall by 37.7% in 10 Months of FY23
The government has borrowed $8.123 billion from multiple financing sources during the first ten months (July-April) of 2022-23 compared to… Read More
Direct Shipping of Goods From Pakistan to Russia Set to Start From 25 May
A direct shipping service connecting Pakistan and Russia is set to begin operations later this month, allowing Pakistani products greater… Read More
Privatization Process of Jinnah Convention Center Under Review, Senate Body Told
The Ministry of Privatization has said that it is reviewing matters pertaining to the privatization of the Jinnah Convention Center… Read More
Rupee Drops Further Against US Dollar, British Pound
The Pakistani rupee dropped further against the US Dollar during intraday trade today after rising as high as 279.75 at… Read More
Rent-Seeking Mindset is Stalling Broadcast Industry Innovation
Amid the political turmoil, throttled internet access, inaccessible apps, a depreciating currency, payment delays, cash flow constraints, high borrowing costs,… Read More
Lucky Cement to Expand Production in Iraq by 1.82 Million Tons
Lucky Cement Limited (PSX: LUCK) will enhance its clinker production capacity with its Joint Venture (JV) partner in Samawah, Iraq,… Read More
