Update: It has been reported that PSX’s trade management system is back and trading has resumed. PSX management has issued… Read More
India Warns IMF Against Any Bailout for Pakistan
Indian officials have warned the International Monetary Fund (IMF) not to give a bailout for Pakistan. They argue that the… Read More
Govt Considering to Relocate Its Deposits Worth Rs. 1.9 Trillion
After seeking advice from the State Bank of Pakistan (SBP), the PTI-led government is thinking of transferring its funds into… Read More
More Oil Reserves Discovered Near Gujar Khan, Punjab
Mari Petroleum Company Limited (MPCL), along with its Joint Venture Partner, Pakistan Petroleum Limited (PPL) has made an oil discovery… Read More
Pakistan’s Current Account Deficit Decreases by a Massive 29% in Q3 FY19
The current account deficit has narrowed down by 29 percent by the end of the third quarter of the financial… Read More
Nestle Pakistan Has Cut 8% of Its Workforce Since Last Year
Nestle SA’s Pakistan unit has cut 8 percent of its workforce reported Bloomberg. According to the report, since the start… Read More
Pakistan Releases $1 Billion as Payment Against Eurobonds Issued by Former Govt
According to the State Bank of Pakistan, Pakistan has paid off $1 billion out of $2 billion collected by the… Read More
Asad Umar Reveals Details About IMF’s Bailout Plan for Pakistan
Pakistan had reached a consensus with the International Monetary Fund (IMF) on all issues to finalize the bailout package, according… Read More
SECP Issues New Guidelines for Anti Money Laundering and Terror Financing
With the deadline to meet Financial Action Task Force (FATF)’s conditions approaching, the Securities and Exchange Commission of Pakistan (SECP)… Read More
FATF Asks Pakistan to Track Gold Purchases in the Country
The Financial Action Task Force (FATF) has reportedly handed over to Pakistan a new set of recommendations ahead of its… Read More
Almost Reached an Agreement on The IMF Bailout Package: Asad Umar
The Finance Minister of Pakistan Asad Umar said on Friday that the country and the International Monetary Fund (IMF) have… Read More
Syed Dilawar Abbas Appointed as Chairman SNGPL
The Board of Directors of Sui Northern Gas Pipelines Limited, in its meeting held on April 12, 2019, has appointed… Read More
