Dollar Outflow Jumps 112% to $1.12 Billion in First Five Months of FY25
With an improvement in foreign exchange reserves, Pakistan has relaxed restrictions on the outflow of profits and dividends, which have
OGDCL Begins Production from Kunnar West Well-3 in Sindh
The Oil & Gas Development Company Limited (OGDCL), listed on the Pakistan Stock Exchange (PSX: OGDC), has successfully commenced production
Pakistan’s Default Risk Plummets as CDS Spread Falls 93% Amidst Improved Economic Outlook
Pakistan’s Credit Default Swap (CDS) spread, a key indicator of credit default risk, has fallen to 505 basis points (5.05%),
Meezan Bank Denies Allegations of Debit Card Data Breach
Several users have reported unauthorized transactions on their Meezan Bank debit cards, sparking concerns of a potential data breach. However,
ECC Approves Summaries for PM Youth Loan, SIFC Grant and Urea Subsidy
The Cabinet’s Economic Coordination Committee (ECC), chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, has approved 16
Pakistan Housing Authority Board Greenlights Major Housing Policy Reforms
The 58th Board of Directors meeting of the Pakistan Housing Authority (PHA) Foundation, chaired by Federal Minister for Housing and
Gold Prices in Pakistan Rise by Rs. 1,000 Per Tola, Hit Rs. 275,900
Gold prices in Pakistan increased on Wednesday, reflecting a similar upward trend in the international market. In the local market,
Parent Company of Attock Cement Explores Strategic Options, Including Potential Sale
Pharaon Investment Group Limited (Holding) S.A.L, Lebanon, the parent company of Attock Cement Pakistan Limited (ACPL), is exploring strategic options
FBR to Restrict Non-Filers from Buying Cars, Property, and Conducting Bank Transactions
The government is set to introduce tougher measures against non-filers as part of its efforts to enhance tax compliance. Under
IT Ministry Developing Policy to Ensure Uninterrupted Internet for IT Parks and Tech Hubs
In a bid to address frequent internet disruptions in Pakistan, the Ministry of IT is working on a comprehensive policy
