HeadlinesPakistan and Saudi Arabia seal over $2 billion investment agreements
PM highlights strengthening ties as key MoUs are signed during Saudi delegation's visit
Oct 11, 2024
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Headlines
HeadlinesGovt targets Rs8 to Rs10 per unit cut in power tariff as five IPPs cancel contracts
Oct 10, 2024
World Business NewsSouth Asia’s growth expected to increase to 6.4% this year: World Bank
More jobs for women needed to unlock full potential, says the World Bank in its twice-yearly regional outlook
Oct 10, 2024
HeadlinesHub Power Company reaches settlement deal for early expiry of power contracts
Power company agrees to scrap contract from Oct 1, 2024, despite scheduled expiration in March 2027; Govt and CPPA-G to settle outstanding receivables
Oct 10, 2024
HeadlinesGold rate declines by Rs400 in local market
Gold prices in Pakistan reached an all-time high of Rs277,000 per tola last month
Oct 10, 2024
HeadlinesSecure Logistic, Trax Online agree to merge their operations
Combined entity to enhance market reach and operational efficiency
Oct 10, 2024
HeadlinesPakistan’s economy continues to stabilise, GDP expected to reach 2.8% in FY2025: World Bank
Macroeconomic risks are still high reflecting high financing needs, modest reserves, high debt and servicing costs, financial sector vulnerabilities, and a loss-making power sector, report
Oct 10, 2024
HeadlinesFBR, Customs empowered to confiscate vehicles used in transporting smuggled goods
New measure intends to ensure the permanent removal of tools used in smuggling operations
Oct 10, 2024
HeadlinesNational Bank of Pakistan approves full divestment from Agritech Limited
NBP to divest over 416 million shares, spanning ordinary, convertible, and non-convertible preference shares with limited voting rights
Oct 9, 2024
HeadlinesHubco, Lalpir call emergency meetings as govt moves to terminate IPPs agreements
Energy sector faces uncertainty as IPPs consider government’s early termination proposal
Oct 9, 2024
HeadlinesGold prices drop by Rs3,000 in local market
10-gram gold falls to Rs232,939; international rates slip $30
Oct 9, 2024
HeadlinesDeceased Chinese engineers were not involved in IPPs talks, clarifies Finance Division
Any impression created to this effect by media reports is misleading and has no basis, says the Finance Division
Oct 9, 2024