ADB backs out of multibillion-dollar Malir Expressway project
According to The News, the Asian Development Bank (ADB) has removed the Malir Motorway from its list of priorities and...
SBP Provides Clarification on Rs75 Commemorative Banknote Demonetization
State Bank of Pakistan (SBP) Clarifies Rumours Regarding Demonetization of Rs75 Commemorative Banknote In response to the circulating rumors suggesting...
PIA earns around 60 million profit in first quarter of 2023
Pakistan International Airlines (PIA) earned roughly Rs60 million profit in the first quarter (January-March) of 2023, according to Parliamentary Secretary...
Reserves held by the SBP have increased to $4.46 billion
As the country attempts to acquire external finance and stay afloat, the State Bank of Pakistan's (SBP) foreign exchange reserves...
SBP releases $50 million for govt Hajj scheme
The Pakistani Hajj Mission in Saudi Arabia has received the first payment of $50 million from the State Bank of...
Slight decrease observed in rupee’s value against US dollar
During the early hours of trade on Thursday, the Pakistani rupee depreciated 0.07% against the US dollar in the interbank...
Banks to remain open this weekend to facilitate tax collection
On April 29 and 30, 2023 (Saturday and Sunday), all authorized branches of banks will open and operate with extended...
Indus Motor Company reports profit of Rs3.22bn for Jan-Mar, 37% lower YoY
Indus Motor Company (IMC), Pakistan's Toyota vehicle assembler, declared a profit after tax (PAT) of Rs3.216 billion for the third...
Intra-day update: rupee falls against US dollar after Eid holidays
The Pakistani rupee opened with a small loss versus the US dollar, falling approximately 0.31% in the inter-bank market during...
Dar urges FBR to boost tax revenue collection efforts
Federal Minister of Finance Ishaq Dar, has encouraged the Federal Board of Revenue (FBR) to increase tax collection efforts so...