On the topic of devolution, World Bank has given a reasonable warning

Spending on devolved subjects has increased from 0.4% to 0.6% of GDP from 2009 to 2022. This is bad for both democracy and the economy

Why is a Sudanese Bank interested in investing $54.5 million in Silk Bank?

Silkbank in talks with South Sudan bank for potential investment

Exclusive: Govt, K-Electric in talks for development of 660MW Unit-II of Jamshoro Coal 

Project faces a number of technical, legal, commercial and regulatory challenges

Suzuki, Honda, and Yamaha price hikes put everyday vehicles out of reach for many

Alto closes in on Rs3 million mark while CD-70 narrows now clocks in at Rs149,000
Loans

Volume of KP foreign loans increases as rupee falls against US dollar

Total provincial debt increases by 26% in 6MFY23

Centre, provincial govts agree on harmonisation of GST

Move will help achieve prior actions for World Bank funded RISE programme

ECC defers decision on import of banned used auto oil lube

Hydrocarbon Development Institute of Pakistan, Pakistan Council of Scientific and Industrial Research unable to determine if oil sample hazardous 

WB cuts Pakistan’s GDP forecast on rising rates, limited fiscal space

Bleaker forecast assumes agreement reached with IMF

Govt allows import of Soybean seeds on importer’s undertaking, fails to ensure Non-GMO status

Nearly all stranded vessels of oilseeds at Karachi port have been released based on undertakings, fumigation

Supernet co-signs agreement with leading $80b MENA telecom operator

Partnership will allow Supernet to massively export services outside Pakistan

Suzuki announces plant shutdowns for April 

Motorcycle plant shutdown extended to almost a month with car plant being shut on two separate days

In surprise move, Shazad Dada is replaced as President and CEO of UBL

Muhammad Jawaid Iqbal appointed as President & CEO of UBL for 3 year tenure

Saudi Arabia, OPEC+ producers announce surprise oil output cuts

Sunday’s unexpected voluntary cuts come in addition to ones already agreed upon in Oct

Barcode turns 50 but its days might be numbered

GS1 believes moving to QR code format allows sharing of far more information about products

“Khao kasam,” says OLX to its sellers before finalising a deal 

OLX makes sellers take a religious undertaking to earn commission from the proceeds