PM waives August power bills in flood-hit areas; refunds promised to affected consumers
Shehbaz Sharif orders immediate halt to collections as govt finalises broader relief package with IMF talks
Millions embezzled from Khyber Pakhtunkhwa World Bank project
Over Rs106 million withdrawn through fraudulent cheques, prompting investigation into potential collusion with government bank
Pakistan to issue first Panda bonds to raise $250 million before December: report
South Asian nation seeks to diversify funding sources with yuan-denominated debt, targeting qualified institutional investors; bonds are expected to carry a coupon rate of 3-4% per annum, with a three-year tenor
Pakistan proposes key amendments to barter trade mechanism with Iran, Afghanistan, and Russia
Ministry of Commerce seeks Cabinet approval for revised framework to ease non-cash trade with neighbouring countries
Pakistan seeks IMF approval for electricity bill relief in flood-hit areas
Following PM's directive, finance ministry holds virtual talks with IMF, requesting a three-month deferral of power bills.
SBP likely to maintain key interest rate amid flood impact, food inflation concerns: Reuters poll
Thirteen of 14 analysts expect SBP to maintain its policy rate at 11%, with one predicting a 50 basis-point cut
PIA suspends Canada flights for three weeks amid Boeing 777 overhaul
Airline says mandatory 10-year maintenance aims to ensure safety ahead of expected passenger surge
PSX sees significant decline, KSE-100 drops by over 1,700 points
Selling pressure in key sectors drags index down by 1.09%
Pakistan seeks IMF approval for new tax to fund Rs213 billion Jinnah Medical Complex: report
Government explores multiple funding options for the 1,000-bed medical facility, with IMF talks set to begin later this month
IMF review mission to vist Pakistan on September 25 for EFF Program assessment
Mission to conduct second review of $7 billion EFF program, with $1 billion tranche contingent on successful completion
Govt allocates Rs 25.3 billion severance package for 8,000 Utility Stores employees
Closure of Utility Stores Corporation operations leads to layoffs, with severance packages for regular, contractual, and daily wager employees.
Pakistan’s total liquid foreign reserves rise to $19.68 billion
State Bank’s foreign reserves increase by $34 million, while commercial banks see a decrease in reserves.
PSX closes in the red after profit-taking, KSE-100 Index down by 879.55 points
Weak performance in key sectors contributes to market downturn
Ismail Industries to establish subsidiary in Spain for expansion into Europe
The move aims to strengthen the company’s presence in Europe and tap into the EU market
Pakistan’s top refiner Cnergyico to boost fuel oil exports by 40% as domestic sales plummet
SINGAPORE: Pakistan's largest refiner Cnergyico expects to boost fuel oil exports by 35% to 40% during the fiscal year ending June 2026...































