Govt to address Chinese IPPs’ dues ahead of CPEC committee meeting, PM’s Beijing trip
With the government facing nearly Rs550 billion ($1.98 billion) in outstanding payments to Chinese Independent Power Producers (IPPs), there are plans to...
OGRA slashes LPG price by Rs 11.88/KG for May
Domestic cylinder will see a price drop of Rs 140 and commercial cylinder by Rs 539
HBL approves equity investment of Rs6bn in its microfinance subsidiaryÂ
Investment is fully aligned with all regulatory requirements and has received the nod from HBL’s shareholders
Indus Motor Company temporarily halts production due to supply chain issues
Production facilities will be closed from May 2 to May 8, 2024
Govt implements new financial controls to manage public funds
New rules aim to consolidate funds and reduce fiscal deficit, aligning with international financial guidelines
Consumers to bear the brunt as K-Electric seeks upto Rs18.57/unit hike under FCA
Power utility files an FCA request based on three scenariosÂ
Jazz completes Pakistan’s first-ever telecom Sukuk at Rs15bn
Milestone issuance to boost Shariah-compliant instruments, supporting digital expansion.
IMF approves final $1.1bn tranche for Pakistan
SBA provided a policy anchor to address domestic and external imbalances as well as a framework for financial support from multilateral and bilateral partners, says global lender
Pakistan mulls introducing digital currency
McKinsey to facilitate comprehensive digitalisation of the economy, says finance minister
Pakistan’s economy is on the path to recovery: Governor SBP
Global shocks faced by Pakistan become more and more complex: Governor SBP Jameel Ahmed
KIA Stonic EX+ sees unprecedented 24% price reductionÂ
Stonic EX+ is now priced at Rs 4,767,000, down by Rs 1,513,000 from the previous price of Rs 6,280,000
SBP maintains policy rate at 22% for seventh consecutive session
Macroeconomic stabilisation measures are contributing to considerable improvement in both inflation and external position, notes MPC
PSX’s KSE-100 plunges over 1000 points due to divided sentiments on policy rate
MPC and IMF board meetings ignite selling pressure at PSX
TPL, Abhi to submit binding offer to acquire majority stake in FINCA Microfinance Bank
Transaction will remain subject to obtaining all necessary corporate and regulatory approvalsÂ
Mari Petroleum approves Rs2.5bn investment in its mining subsidiaryÂ
Investment will be made in tranches in two years by subscribing to the right issue of MMC shares