World Bank underscores Covid’s risks to Pakistan’s economy
The ‘South Asia Economic Focus: South Asia Vaccinates, Spring 2021’ warned that more delays in the implementation of critical structural...
Govt announces decrease in petroleum prices by 2.5pc
The government announced the decrease in petroleum prices by up to 2.5pc on Wednesday for the next 15 days to...
FBR company hits Rs473 billion in March
The net collection for the month of March was Rs475bn against a target of Rs439bn, an increase of 8.2 percent....
Petroleum products prices cut by 2.5 percent
On Wednesday, while increasing the tax rates, the government reduced prices of all petroleum products by up to 2.5 percent...
ECC approves imports of sugar, cotton from India
Finance Minister Hammad Azhar confirmed on Wednesday that the Economic Coordination Committee ECC allowed the private sector to import 0.5...
KSE-100 index gains 588 points as shares rise at PSX
On Wednesday, shares at the Pakistan stock exchange were on rise since the beginning, with the benchmark KSE-100 index up...
IMF issues third loan tranche of nearly $500m to Pakistan
Pakistan Received the third tranche of around $500 million from the International Monetary Fund's (IMF) loan program, a week after...
Rupee continues hike against US Dollar
The value of the rupee rising against the US dollar continuously with the upsurge of 49 paise on Wednesday as...
ADB to give $300M to Pakistan for 300MW hydropower plant
On Tuesday, The Asian Development Bank announced that it will be extending Pakistan a $300 million loan to finance the...
Hyundai postpones South Korean production
On Tuesday, South Korea’s Hyundai Motor Co said it would suspend production at its Ulsan No.1 plant in South Korea...