Finance Archives

Malik Bostan Gives Another ‘$12 Billion a Year’ Offer to Govt With a Twist

The President of the Forex Association of Pakistan (FAP) Malik Bostan has suggested that exchange companies can arrange up to $12… Read More

The Pakistani rupee (PKR) reversed losses against the US Dollar and posted massive gains during intraday trade today. The Pakistani… Read More

Pakistan has inched closer to a bailout from the International Monetary Fund (IMF) after Saudi Arabia assured the global lender… Read More

Major developments are currently underway for the revival of Pakistan Steel Mills (PSM) as a consortium of Chinese companies is… Read More

Pakistan has lost all credibility due to the coalition government’s incompetence and its inability to get cash from the International… Read More

Silkbank Limited (PSX: SILK) has received a letter of intention (LoI) from the International Commercial Bank of South Sudan to… Read More

The State Bank of Pakistan (SBP) has fixed its Overnight Reverse Repo (Ceiling) rate at 22 percent, 100 basis points… Read More

The Pakistani rupee (PKR) declined further against the US Dollar and dropped to a new all-time low during intraday trade… Read More

The total public debt stock of the federal government decreased by Rs. 589 billion or 1.1 percent from Rs. 54.9… Read More

The International Monetary Fund (IMF) has ensured that all its prior conditions have been met but the bailout is still… Read More

Johnson & Johnson (J&J) has agreed to pay $8.9 billion to 70,000 plaintiffs alleging that the company’s talcum powder products… Read More

The Pakistan Association of Large Steel Producers (PALSP) has urged Prime Minister Shehbaz Sharif to rationalize the turnover tax rate… Read More