HeadlinesUAE defers $2 billion payment due on Pakistan: PM Shehbaz
Prime Minister Shehbaz Sharif announces loan deferral and enhanced ties after meeting UAE President
Jan 7, 2025
News Desk
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Headlines
HeadlinesDost Steels unable to resume operations due to financial constraints
Company in talks with banks to resolve outstanding debts and restore production
Jan 7, 2025
HeadlinesPrivate sector borrowing rises by 265% to Rs1.9 trillion between Jul-Dec
High borrowing driven by monetary easing, rate cuts and inflation drop; banks also extend Rs1.35 trillion to NBFIs
Jan 7, 2025
HeadlinesTCP receives 11 bids for 50,000 metric tons of rice export to Bangladesh
Lowest bid at $498.40 per metric ton; TCP to evaluate offers for final decision
Jan 7, 2025
HeadlinesECC bans ozone-depleting insulation and foaming materials
Import of HCFC-blended polyol halted, industry status granted to warehousing and logistics sector
Jan 7, 2025
HeadlinesMalaysia lifts lab testing requirement for Pakistani oranges
Inspection mandate removal expected to enhance Pakistan's orange trade
Jan 7, 2025
HeadlinesECC approves over Rs10bn in supplementary grants for key initiatives
Allocations include Rs2 billion for countering fake news by ISPR, Rs1.7 billion for Islamabad Safe City Project, Rs746 million for SCO summit liabilities, Rs2.5 billion for PSDP projects, Rs650 million for law enforcement, and Rs5.3 million for NCSW
Jan 7, 2025
HeadlinesECC approves Rs1.7bn to settle pending liabilities of Utility Stores Corporation
No additional budget was sanctioned for the Ramazan relief package for FY2024-25
Jan 7, 2025
HeadlinesPakistan’s domestic debt climbs 17.7% to Rs49 trillion due to fiscal strains
Soaring permanent and floating debt drive year-on-year increase; unfunded liabilities show slight decline
Jan 6, 2025
HeadlinesBarkat Frisian Agro to go public as market surges
IPO to fuel expansion as stock market momentum inspires investor confidence
Jan 6, 2025
HeadlinesMohmand Dam on-track to be completed by 2026-27
Pakistan's tallest concrete-face-rock-fill dam advances with significant construction progress
Jan 6, 2025
HeadlinesChicken prices soar in Lahore, Karachi as retailers defy official rates
Retail chicken sold at up to Rs1,200/kg in Lahore against official rate of Rs595; eggs rise to Rs380/dozen from official Rs300
Jan 6, 2025