Exchange Companies Association of Pakistan seeks special exchange rate
The Exchange Companies Association of Pakistan (ECAP) has proposed a specific exchange rate for remittances and export revenues in order...
Japan extends a loan to the Punjab power sector project
The Punjab Transmission and Grid Stations Project (1), a loan project now in progress, has had its loan effective duration...
Gold takes a breather in Pakistan, falls Rs2,800 per tola
The gold surge slowed down on Monday in line with market speculation that the yellow metal was about to see...
Ishaq Dar assures exporters of ‘complete facilitation’
Finance Minister Ishaq Dar on Monday assured exporters of the government's support saying they would be given "complete facilitation" in...
Political uncertainty expected rate hike drag shares 529 points down
On Monday, shares at the Pakistan Stock Exchange (PSX) began down as the KSE-100 index, which serves as a benchmark,...
Saudi Arabia Supports Pakistan’s Economy with $20 Bn in 4 years
Saudi financial assistance to Pakistan's economy provided as a safety valve for its continuity and stability, enabling it to deal...
Russian delegation to arrive in Pakistan tomorrow for talks on oil, gas deal
Pakistan is set to hold bilateral talks with a Russian Delegation, arriving tomorrow, on oil and liquefied natural gas (LNG) trade deal...
Pakistan’s economy grinding to a halt as dollars dry up
As Pakistan struggles with a dire foreign exchange crisis, thousands of containers filled with basic food supplies, raw materials, and...
K-Electric’s claims of Rs 375 billion against govt questioned
The integrity of the financial statements and the alleged unlawful accumulation of more than Rs375 billion in claims by the...
Oil, and telecom sectors raise red flags over letters of credit
The State Bank of Pakistan (SBP) and the Ministry of Finance (MoF) were urgently enlisted by the Ministry of Energy's...