The government has decided to launch a project worth Rs. 42.19 billion for the construction of a breakwater at Jebel-e-Nuh… Read More
Soneri Bank to Raise Rs. 4 Billion Via TFC for Expanding Operations
The management of the Soneri Bank has planned to raise funds to the tune of Rs. 4 billion through a… Read More
Pakistan Will Weather Out The Economic Crisis Thanks to IMF: Miftah
While the Pakistani Rupee (PKR) now ranks among some of the worst performing currencies worldwide, Pakistan sees progress on the… Read More
Rupee Recovers Against US Dollar After Govt and SBP Offer ‘Assurances’
The Pakistani Rupee (PKR) continued its recovery against the US Dollar (USD) and posted more gains during intraday trade today.… Read More
Massive CPI Inflation Breaks 14-Year Record in July 2022
Pakistan’s Consumer Price Index (CPI) based inflation in July 2022 increased to a 14-year high of 24.9 percent on a… Read More
Systems Limited’s OneLoad Secures $11 Million in Funding
OneLoad, by Systems Limited’s subsidiary EP Systems, has recently secured $11 million in additional funding from Sarmaycar and Shorooq Partners,… Read More
FBR Kicks off FY23 By Exceeding Tax Collection Target
The Federal Board of Revenue (FBR) has kicked off the financial year 2022-23 by exceeding July’s tax collection target by… Read More
Govt Plans Additional $4 Billion Forex Inflows in Next 12 Months
The government has planned an extra cushion of $4 billion over the next 12 months to bolster Pakistan’s foreign exchange… Read More
Highest Ever Decline in Rupee Value Raises External Debt by Rs. 3500 Billion
Pakistan’s current stock of external loans has escalated by Rs. 3,500 billion as the Rupee (PKR) has steeply declined against… Read More
COAS Bajwa Asks US Govt for Favor with IMF As Default Risk Soars
Chief of Army Staff (COAS) General Qamar Javed Bajwa has appealed to the United States for its help in an… Read More
Rupee Free-fall Stops for the First time in 10 Days
The Pakistani Rupee (PKR) finally ended its losing streak against the US Dollar (USD) and posted gains during intraday trade… Read More
Nestlé Pakistan Registers Profit Growth of 33% in H1 CY2022
Nestlé Pakistan Limited recorded a stellar performance as it reported a profit growth of 33.04 percent in the first half… Read More
