Pakistan’s Toyota manufacturer shuts down plant for two weeks
Indus Motor Company Limited, a major player in Pakistan's automotive industry and a Toyota vehicle manufacturer, has decided to temporarily...
Pakistan’s total foreign reserves rise above $14 billion
Due to inflows from Saudi Arabia, the United Arab Emirates (UAE), and the International Monetary Fund (IMF), Pakistan's total liquid...
PM Shehbaz says ‘strategy devised to increase exports, investments via SIFC’
The government, according to Prime Minister Shehbaz Sharif, has established a comprehensive strategy to enhance exports and investments through the...
Petroleum dealers announce countrywide strike on July 22
The Pakistan Petroleum Dealers Association (PPDA) planned an indefinite strike beginning July 22. According to an official notification issued by...
Nepra okays another tariff hike of Rs1.90
This amount will be recovered from the consumers in the month of August. Furthermore, the increase in electricity tariff will...
IMF takes behind-the-curve SBP to task over inflation
The International Monetary Fund (IMF) has slammed the State Bank of Pakistan (SBP) for failing to respond to the rise...
Intra-day Update: Rupee Slightly Weakens Against US Dollar
The Pakistani rupee depreciated 0.25% against the US dollar during the first hours of intraday trading on Thursday. At roughly 11:30...
Agreement signed on trans-Afghan railway project
On Tuesday, Pakistan, Uzbekistan, and Afghanistan reached an agreement to connect Central Asia with Pakistan via a train link crossing...
Intra-day update: Rupee Maintains Stability Against US Dollar
The Pakistani rupee stayed mostly unchanged against the US dollar on Wednesday, rising 0.01% in intraday trading. At 11:10 a.m.,...
Pakistan, Italy agree for strategies to prevent cross-border crimes
Pakistan and Italy have agreed to improve collaboration between their interior ministries in order to execute stronger cross-border crime prevention...