A high-level delegation of the Special Technology Zones Authority (STZA), led by Chairman Amer Hashmi, visited the Sindh Secretariat in… Read More
SECP Initiates Consultation Period on Draft Amendments to S&FA Regulations
The Securities and Exchange Commission of Pakistan (SECP) has initiated a 14-day public consultation period on draft amendments to the… Read More
ECC Approves Rs. 96 Billion for Payment to IPPs
The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved Rs. 96.133 billion for the Power Division for payment to… Read More
Market Estimates Suggest CPI Inflation Around 16% in Next Fiscal Year
With the sharp surge in local petrol prices, the devaluation of the currency, and expected adjustments in power and gas… Read More
Budget 2022–23 Major Macro Targets Revised Before Parliament Approval
The Budget Outlay for the financial year 2022–23 has been increased from Rs. 9.5 trillion to Rs. 9.9 trillion after… Read More
Faysal Bank Introduces Hotel Booking Services in Partnership With Ascendant
Faysal Bank Limited, in partnership with Pakistan’s largest hospitality technology company, Ascendant, has launched a hotel booking platform for its… Read More
Mera Pakistan Mera Ghar Disbursements Cross Rs. 85 Billion
Commercial banks in Pakistan have approved Rs. 212.28 billion and disbursed Rs. 85.3 billion to customers across the country so… Read More
Pakistan Signs $2.3 Billion Loan Facility Agreement with Chinese Consortium
Pakistan on Wednesday signed a $2.3 billion (RMB 15 billion) loan facility agreement with a consortium of banks from China,… Read More
Pakistan Received $184 Billion in Foreign Debt and Aid Over 70 Years
Pakistan has received $184 billion of Foreign Economic Assistance (FEA) as loans and grants from all donors and markets since… Read More
Rupee Dips Further Against US Dollar Despite IMF News and Oil Decline
The Pakistani Rupee (PKR) slid to a new all-time low against the US Dollar (USD) and posted losses in the… Read More
Local Mobile Assembly Units Fear Closure as LC Crisis Deepens
The local mobile phone assembly units in Pakistan are afraid of the closure of their operations after commercial banks have… Read More
EU Mission Arrives in Pakistan to Assess Implementation of GSP+ Conventions
A European Union monitoring mission arrived in Islamabad on Wednesday for an assessment of the effective implementation of 27 international… Read More
OGDCL Discovers Gas in South Punjab
Oil and Gas Development Company Limited (OGDCL) has discovered a gas field in Rajanpur, Punjab. A notification issued to the… Read More
Only One Supplier Responds to Pakistan Tender for Supply of 54,000MT Petrol
Only one supplier has responded to the Pakistan State Oil (PSO) tender for the supply of 54,000 metric tons (MT)… Read More
MoU Signed to Uplift Small-scale Agribusinesses in Balochistan and Sindh
A memorandum of understanding (MoU) has been signed between SMEDA and International Trade Centre (ITC) to reduce poverty by strengthening… Read More
