HeadlinesSBP sells MTBs worth Rs283bn at lower yields
Cut-off yields for the 3, 6, and 12-month MTBs declined by 45, 44, and 59 basis points respectively
Jan 10, 2024
News Desk
12,398Articles
Share:
Published Work(12,398 articles)
Headlines
World Business NewsGlobal unemployment to rise in 2024 amid labour market fragility, ILO report warns
An extra two million workers are expected to be jobless and unemployment rate will increase from 5.1% in 2023 to 5.2% in 2024, report
Jan 10, 2024
HeadlinesPakistan records $2.4bn remittances in December, up 5.4% MoM, 13.4% YoY
Remittances declined by 6.8% YoY to $13.43 billion in the first half of the fiscal year 2023-24
Jan 10, 2024
HeadlinesGovt grants SAZEW first license for electric rickshaw manufacturing
Sazgar Engineering Works auto rickshaw sales decline 64pc MoM in December
Jan 10, 2024
HeadlinesEconomic Coordination Committee approves urea pricing mechanism
The approved mechanism is expected to impact the minimum retail price of a 50kg urea bag
Jan 10, 2024
HeadlinesGovt launches Rs2bn Pakistan Startup Fund to propel IT innovation
The fund is structured to provide a 30% annual grant for startup ventures, offering crucial financial support to kickstart their operations
Jan 10, 2024
HeadlinesChakwal Spinning Mills approves merger with tech firm
Company's board also approved the appointment of a consultant to facilitate the process
Jan 9, 2024
HeadlinesPSX to conduct three GOP Ijarah Sukuk auctions in 1Q of 2024
Stock market will conduct three types of GIS auctions: Short Term (12 Months), Fixed Rate, and Floating Rate.
Jan 9, 2024
EconomyPakistan seeks rollover of $2bn loan from UAE as maturing debt looms
Jan 9, 2024
HeadlinesGovt takes steps to activate $1.5bn uplift fund for development projects
Established in 2014 with financial support from Saudi Arabia to tackle foreign exchange challenges, the Pakistan Development Fund has remained largely dormant
Jan 9, 2024
HeadlinesSteel prices increase by up to Rs3,000 per ton amid Red Sea crisis, rising production expenses
Retail prices for steel rebar now range from Rs263,000 per ton to Rs268,000 per ton
Jan 9, 2024
HeadlinesPC advances talks for FWBL and HBFC sale, seeks legal separation of PIACL
Caretaker Minister for Privatisation stresses the need to accelerate the privatization process, highlighting the crucial aspects of transparency and competitiveness in these transactions
Jan 9, 2024