HeadlinesPakistan Cables to sell land for debt repayment
BOD approves the sale of 4.334 acres of the company's total 11.15 acres
Feb 23, 2024
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HeadlinesIMF says it looks forward to working with Pakistan's new govt
Top official declines to comment on Imran Khan's request for election audit
Feb 23, 2024
HeadlinesCourt suspends notification hiking medicine prices
Lahore High Court demands reply from federal govt, secretary of health and other officials
Feb 22, 2024
HeadlinesPakistan accomplishes 25 of 26 targets set by IMF for second review
Tax refunds issued, energy prices raised, no loans from SBP taken, and foreign repayments made on time
Feb 22, 2024
HeadlinesPSX continues positive momentum as KSE-100 gains 0.58%
Benchmark index witnessed fluctuation within a 492 points margin
Feb 22, 2024
HeadlinesIGI Holdings to acquire 6% shareholding in Packages Limited from Stora Enso
The acquisition is subject to mandatory approvals from the shareholders and regulators
Feb 22, 2024
HeadlinesPakistan pays $7.3bn in foreign debt, interest in 1HFY24
The country faces a $19.2 billion debt burden to be paid by the end of this year
Feb 22, 2024
HeadlinesIndus Motor Company approves Rs3bn investment to expand localisation
Investment shall be made for localization of parts and components to be manufactured locally for various existing vehicles
Feb 22, 2024
HeadlinesTwo, three-wheelers’ sale slumps 12% in July-Jan FY24
Total of 646,440 units were sold in seven months against 737,393 units sold in the same period last year, PAMA data shows
Feb 21, 2024
HeadlinesHigh-cost thermal plants escalate electricity generation costs by 33%
Power generation increases by 9.1% in January to reach 8,314 GWh
Feb 21, 2024
HeadlinesPakistan’s trade deficit shrinks by 32.7% in seven months
Trade deficit stands at $13.160 billion during July-January FY 2023-24, compared to $19.553 billion in the same period of last year
Feb 21, 2024
HeadlinesNational Savings Schemes see third rate cut in two months
Rates of Special Savings Certificates decreased by 40 bps to 15.6% from 16%
Feb 21, 2024