Weekly inflation rises 0.03 per cent
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 01 for the combined income groups witnessed...
Oil prices pull back from five-month highs as rising product stocks weigh
LONDON: Oil prices slipped off five-month highs on Thursday as bearish sentiment about fuel demand undermined support from a weak dollar and...
Sindh govt approves land in three districts for SSGC to lay pipeline
KARACHI: The provincial cabinet of Sindh has approved the allotment of land for the Sui Southern Gas Company (SSGC) to lay a...
Pakistan and Iran to reopen banking channels
State Bank of Pakistan (SBP) and the Central Bank of Iran (CBI) are expected to sign an agreement in the next week...
JS Bank collaborates with Dewan Motors to offer luxury car financing
According to a press release, JS Bank and Dewan Motors (BMW Pakistan) have inked a Memorandum of Understanding to offer on-demand luxury...
PLL’s inefficiency in managing imports causes Rs1.50bn in losses to economy
ISLAMABAD: An almost 50 per cent reduction in LNG imports has caused a loss of approximately Rs1.50 billion in three months (May, July and...
No quick fixes
The rupee declined sharply against the US dollar during intraday trading on July 5 and neither the central bank nor the federal...
VMware, Meezan Bank to expand IT Infrastructure through virtualisation
ISLAMABAD
VMware Inc., a global leader in cloud infrastructure and business mobility, has recently signed an agreement with Meezan Bank, Pakistan’s first and...
PM reduces prices of petrol, diesel
LAHORE: In the latest development, on the recommendations of Oil and Gas Regulatory Authority (OGRA), the Prime Minister of Pakistan, Imran Khan...
Successful bond float could help to rein in rupee depreciation
KARACHI: Pakistan’s successful bond float of $2.5 billion from international debt markets has raised prospects of pressure easing on the rupee, which...
SECP issues guidelines on AML/CFT Regulations, 2018
ISLAMABAD: In order to maintain the integrity of its regulated financial sector in respect to preventing and combating money laundering and terrorism...
Pakistan demands advance payment for projects from KSA
The Arab country may invest in the oil city and Special Economic Zones (SEZs) of CPEC for which the Chinese government has no objection,
Meta to cut 10,000 jobs in second round of layoffs
Facebook-parent Meta Platforms (META.O)Â said on Tuesday it would cut 10,000 jobs this year, making it the first Big Tech company to announce...
PTCL collaborates with Careem to offer discounts on rides to customers
ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL) on Wednesday collaborated with Careem to offer discounts on rides for its customers across Pakistan.
Under the...
PM directs local oil, gas firms to speed up exploration
Petroleum ministry asked to minimise the time limit for approval of oil & gas companies and discourage unnecessary delays and involvement...