‘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 trades 

The clearinghouse is looking to change the settlement time before changing the infrastructure
Thar coal

At $50mn , KE’s new owners offer to shift Jamshoro Power Plant Block 5 to Thar Coal 

AsiaPak Investments offer $50 million offer to revamp Jamshoro Block 5 to a complete Thar based plant 

UBL is setting up its own exchange company. Here’s why. 

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?

The gymnastics behind Pakistan’s possible first private LNG cargo import 

Pakistan might be returning to the spot market after over a year

What is happening to Pakistan’s edible oil market?

Quick on the heels of Dalda, Soya Supreme has also announced its intentions for an IPO

Qist Bazaar has secured a Shariah Compliance Certificate. What does it mean?

In a historic move this week, SECP grants shariah compliance certificate to NBFC Qist Bazaar

Can the Govt’s injection help PIA build on its gains in 2023? 

The company is confident that it can continue in its successes if it can do something with its stock of debt 

Govt brings down hammer on the economy 

Rupee strengthens as civil and military leadership express the need to stick to tough decisions. 

Exchange companies to be consolidated into one category under SBP reforms

The central bank has given category B exchange companies and franchises a month to decide on an option and approach it for approval.

Petrol, diesel sales remain robust across July and August despite public outcry

Both soar year-on-year whilst furnace oil takes pounding 

SBP likely to hike interest rate in upcoming MPC meeting

As inflation remains elevated, the central bank may raise the policy rate by up to 150 basis points.Â