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?
The gymnastics behind Pakistan’s possible first private LNG cargo importÂ
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?Â
The company is confident that it can continue in its successes if it can do something with its stock of debtÂ
Govt brings down hammer on the economyÂ
Rupee strengthens as civil and military leadership express the need to stick to tough decisions.Â
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 poundingÂ
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
Why is the Bank of Khyber faltering?
Profitability takes a hit due to increase in policy rate, branch network expansion and power struggle within the management
IMF seeks additional details on power sector from Pakistani side
The PM had recently said that the govt will soon announce relief measures without defying international commitments.
Pakistan businesses fear default still imminent, Gallup Survey reveals
This survey is the 10th edition of a quarterly Business Confidence Survey conducted by Gallup Pakistan
Public debt has exceeded 60% of GDP limit under the FRDL Act
The Government’s Total Public Debt stood at Rs 59.247 trillion in March 2023