Interim ECC reviews bailout for Pakistan Steel Mill, availability of staple foods and power sector benchmark rates
The Pakistan Steel Mill has cumulatively incurred the losses of Rs 206 billion up until the end of FY23Â
Govt to provide gas subsidy to low-income houses of Balochistan for the winter season
With the IMF review around the corner, and an imminent price hike, the government will be treading a fine line with cash handouts
Mobile phone imports surge to 76pc despite dollar constraints
The industry envisions the need for consistency in this upward trajectory, as it could lead to the local production of allied parts
In the midst of economic challenges, why is the banking sector thriving?Â
The sector is expected to continue steady performance in the next half too.Â
Why is NEPRA rethinking coal prices
The mechanism for adjusting the FCC could finally see a change after 2016Â
FBR plans crackdown against cash transactions in real estate
Buying real estate worth more than Rs 5mn using cash or a bearer cheque will be subject to a penalty equal to 5% of the property's value
After UBL, Meezan Bank wants to establish an exchange company
It will be the fourth major commercial bank to operate a wholly owned exchange subsidiary
Pakistan’s textile and apparel industry all set to shine at Texworld – Apparel Sourcing, Paris 2024
In a desperate effort to boost textile export, TDAP to provide a subsidy of 33% on putting up stalls.
‘Unexpected’ decision: Why did SBP maintain the interest rate?
Does the central bank really expect inflation to decline significantly or has it accepted that rate hikes aren't effective?
Automotive sales in July, August 2023, worse than the same months during the pandemic
Cars and motorcycles record worst 2MFY sales in five years
Why is OPay International acquiring FINJA?
OPay claims it has received SBP approval
Industry on edge as new proposition suggests 24-hour clearing period for stock tradesÂ
The clearinghouse is looking to change the settlement time before changing the infrastructure
At $50mn , KE’s new owners offer to shift Jamshoro Power Plant Block 5 to Thar CoalÂ
AsiaPak Investments offer $50 million offer to revamp Jamshoro Block 5 to a complete Thar based plantÂ
UBL is setting up its own exchange company. Here’s why.Â
UBL’s Board of Directors greenlit the exchange company days after a major crackdown by the central bank.
Remittances have been on the decline for some time. August’s data shows the trend hasn’t changed
Remittances in FY23 were down by $4.25 billion year-on-year. They have continued to decline in first two months of FY24. Are Pakistanis sending less money home?