Ecommerce in Pakistan witnessed an accelerated pace of growth over the period of past few years with the sale value… Read More
Pakistan Asks UAE for Financial Assistance of $6 Billion
Pakistan has asked for a financial assistance package worth $6 billion from the United Arab Emirates (UAE) in the form… Read More
Govt Allows Non-filer Overseas Pakistanis to Purchase Property
The federal government has finally allowed the non-filer overseas Pakistanis to purchase properties in the country. The decision also applies to… Read More
Govt’s Economic Measures Have Revived Business Confidence at PSX
The fresh economic measures taken by the new government have revived the investors’ confidence at the Pakistan Stock Exchange (PSX),… Read More
Saudi Billions Help Rupee Regain Footing Against Dollar and Boost PSX
Just a day after Prime Minister Imran Khan’s successful Saudi Arabia visit, the positive outcome has begun to bear fruits. The… Read More
SBP Asks Banks to Make it Easier to Send Remittances for Overseas Pakistanis
State Bank of Pakistan (SBP) has asked all commercial banks to facilitate overseas Pakistanis for sending remittances on the accounts… Read More
Remittances Grow by 13% in Q1 FY2018 Under New Govt
The current account deficit has decreased by a surprising 2.5% in the first quarter of the financial year 2018-19 mainly… Read More
Banks Asked To Fix Service Issues Related to Credit Cards Bill Payment
Of late, bank customers are facing hurdles in paying their bills on credit cards. Due to the prevailing situation, State… Read More
Engro Corp’s Profits Up by 53% Year on Year
Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the nine months ended September 2018. The company… Read More
Pakistan Achieved a GDP Growth of 5.8% in FY18 But at a Cost: SBP
State Bank of Pakistan (SBP), in its annual report for the fiscal year 2017-18 on State of Pakistan’s Economy, stated… Read More
Digitization in Pakistan Can Generate $36 Billion & 4 Million Jobs By 2025
Pakistan can increase its GDP by a cumulative 7 percentage points (roughly US$ 36 billion) and create around 4 million… Read More
Pakistan Foreign Exchange Reserves Decline by $219m
The country’s foreign exchange reserves held by the central bank decreased by $219 million during the week ending on October… Read More
