HeadlinesSBP-held forex reserves fall to $11.45bn on debt repayments
Total liquid foreign reserves held by the country stand at $16.19 billion
Jan 23, 2025
News Desk
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Headlines
HeadlinesOGDCL boosts working interest in Qadirpur gas field to 83%
Acquires additional 7.99% share in Qadirpur D&PL from KUFPEC Pakistan
Jan 23, 2025
HeadlinesFaceless Customs System slashes clearance time to 18 hours, adds Rs61bn to revenue
Customs revenues rose to Rs288 billion in December 2024; system to expand to Lahore and Islamabad next month
Jan 23, 2025
HeadlinesStarlink’s application still pending security clearance; Chairman PTA
Senate IT committee raises concerns over Musk’s negative remarks about Pakistan
Jan 23, 2025
HeadlinesPPL boosts gas production at Shahdad X-1 after successful water shut-off operation
Gambat South Block well’s gas flow jumps to 8.4 MMscfd after innovative intervention
Jan 23, 2025
HeadlinesGovt raises Rs326bn in T-bill auction as yields drop amid rate cut expectations
Three-month T-bill yields dropped to 11.58%, six-month yields to 11.4%, and 12-month yields to 11.38%; SBP likely to cut rates by 100 bps on Jan 27
Jan 23, 2025
HeadlinesMari Energies denies reports of fire at Daharki plant
Company clarifies social media claims as baseless, assures commitment to transparency
Jan 23, 2025
HeadlinesPakistan’s oil and gas output drops in H1 FY25 amid reduced demand
10% decline in oil production, 7% drop in gas output; exploration efforts yield 15 discoveries
Jan 23, 2025
HeadlinesFIA arrests suspect in illegal currency exchange, seizes millions in cash
Raid at Karachi’s Kharadar Gold Market uncovers 13,000 US dollars, 7,000 UAE Dirhams, 6,000 Saudi Riyals and 1,000 Canadian dollars
Jan 23, 2025
HeadlinesOGDCL boosts production at Kunnar Oil Field with optimisation measures at two wells
Interventions increase output by 1,160 barrels per day, strengthening energy security
Jan 23, 2025
HeadlinesOgra unveils 'Raahguzar' app to track legal petrol pumps, curb illegal outlets
GIS-based app to tackle illegal outlets, ensure transparency, and digitise Pakistan's oil supply chain
Jan 23, 2025
HeadlinesGovt to engage IMF over plan to shift electricity tariff rebasing to January
Move aims to align tariff adjustments with IMF commitments, ease consumer burden by shifting rebasing to lower-demand winter months
Jan 23, 2025