EconomyPakistan's investment bonds draw Rs157bn, yields show notable decrease
In the last PIB auction, the SBP had raised a substantial Rs396.57bn
Jan 16, 2024
News Desk
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Economy
HeadlinesHub Power Company set to negotiate stake acquisition in SECMC
Completion of this transaction is contingent upon obtaining the necessary corporate and regulatory approvals
Jan 16, 2024
HeadlinesPSX drops 532 points as volatility continues to dominate
KSE-100 index falls 0.83% to close at 63,737.46 level
Jan 16, 2024
HeadlinesTelecard approves selling entire shareholding in Supernet to Hallmark
Hallmark shareholders authorise equity investment to its associated company
Jan 16, 2024
HeadlinesKAPCO shows interest in equity stake of Tenaga Generasi
Investment in 49.5 MW wind power project shows KAPCO's priority of investing in renewable energy
Jan 16, 2024
HeadlinesGlobal economy to struggle with tight financial conditions this year: WEF
Chief Economists Outlook report says that despite a general scaling back of high inflation expectations globally, regional growth forecasts are mixed
Jan 16, 2024
HeadlinesEnergy sector circular debt hits record Rs5.73tr despite tariff hikes
The viability of power and gas sector companies continues to deteriorate due to the circular debt, affecting Pakistan's borrowing options
Jan 16, 2024
HeadlinesFBR removes several items from negative list, boosts tax adjustment for export industries
As per the updated guidelines, certain items under specific Pakistan Customs Tariff headings will now be exempt from the constraints of STGO 9
Jan 16, 2024
HeadlinesPetrol price slashed by Rs8 per litre for next fortnight
At present, the government is charging about Rs82 per litre tax on both petrol and HSD
Jan 16, 2024
HeadlinesOil theft from PARCO pipeline uncovered in Karachi’s Bin Qasim area
FIR reveals culprits leased a warehouse and tapped into the PARCO pipeline to steal diesel
Jan 15, 2024
HeadlinesLotte Chemical Pakistan closes its operations for 10 days
Discontinuing company operations amid inventory management issues raises concerns
Jan 15, 2024
HeadlinesEFG Hermes receives addendum to potential acquisition by Intermarket Securities
Addendum highlights an error in the weighted average share price (WASP) amount
Jan 15, 2024