The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 23rd consecutive day today. The PKR… Read More
Govt Agrees to Exempt Demurrage Costs for Importers
The government has decided to withdraw demurrage charges for stranded containers at ports and to reduce terminal detention fees for… Read More
Parliamentarians Urge Govt to Take Tough Decisions As Default Risk Still Looms
Member of National Assembly Qaiser Ahmad Shiekh on Thursday requested the finance team of the government to make tough decisions… Read More
Financial Sector has The Ability to Convert to Islamic Standards: Experts
Experts highlighted that financial and related sectors have the capacity to convert existing non-Islamic procedures, and means to Islamic standards… Read More
PKR Falls 22nd Day in a Row Against US Dollar With No Recovery in Sight
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 22st consecutive day today. The PKR… Read More
Pakistan Planning LNG Purchase as International Prices Go Down
Pakistan’s energy crisis is expected to ease as the government is once again looking to secure the supply of liquefied… Read More
Money Crunch Forces Lucky to Seek More Time for Acquiring Lotte Chemical Pakistan
Lucky Core Industries (PSX: LCI) (Formely ICI Pakistan) is unable to sign the share purchase agreement (SPA) in order to… Read More
Pakistan is Least Preferable For Foreign Investment: SBP Data
Political unrest in the country, combined with the global economic slowdown, has made Pakistan one of the least preferred destinations… Read More
Saudi Arabia Not Planning Any Grant or Deposit for Pakistan Without Results
The Kingdom of Saudi Arabia is exploring different ways to help Pakistan while assessing its own external financing model for… Read More
Irony: Importers Claim SBP is Wasting More Dollars by Holding Ships at Port
The State Bank of Pakistan (SBP) is making importers pay demurrages to the tune of $10,000 while it refuses to… Read More
Rupee’s Losing Streak Against US Dollar Completes 3 Full Weeks, Today’s Close At 228.91
The Pakistani Rupee (PKR) continued its fall against the US Dollar (USD) for the 21st consecutive day today, with rates… Read More
NutriCo Morinaga Receives $56.5 Million Investment From Parent Company
The Japan-based Morinaga Milk Industry Company Limited has made an investment of $56.6 million in NutriCo Morinaga (Private) Limited after… Read More
