Bank Makramah Limited Approves Restructuring Scheme
The board of directors of Bank Makramah Limited (BML), formerly known as Summit Bank, has approved a comprehensive Scheme of
Record-Breaking Increase: PSX Achieves Highest-Ever Single-Day Gain with 4,600-Point Jump
In a dramatic rebound, the Pakistan Stock Exchange (PSX) surged over 4,600 points on Wednesday, marking its highest-ever single-day gain.
ADB Warns of Billions in Revenue Loss for Pakistan as Electric Vehicles Gain Traction
A recent report by the Asian Development Bank (ADB) has highlighted the significant impact that the transition to electric vehicles
PNSC Wants to Acquire New Aframax Vessels by 2028
The Pakistan National Shipping Corporation (PNSC) is actively seeking to acquire new Aframax ships to enhance its maritime capabilities, according
Petrol and Diesel Prices Set to Increase by Rs. 45 Per Liter Following IMF’s Sales Tax Demand
The prices of MS Petrol, High-Speed Diesel (HSD), kerosene oil, and light diesel oil (LDO) in Pakistan are likely to
P@SHA Warns VPN Ban Could Inflict $1 Billion Loss on Pakistan’s IT Sector
The Pakistan Software Houses Association (P@SHA) has issued a stark warning that the government’s decision to ban Virtual Private Networks
IMF to Provide $1 Billion in Climate Financing to Pakistan if Key Targets Are Met
The International Monetary Fund (IMF) is set to offer $1 billion in climate financing to Pakistan, contingent upon the successful
ECC Approves Seasonal Electricity Relief Package for Winter
Finnane Minister Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet held at Finance
Foreign Direct Investment in Pakistani Declines by 18% in October 2024
Pakistan’s net Foreign Direct Investment (FDI) for October 2024 was recorded at $133 million, marking an 18 percent decrease from
Pakistan’s Unemployment Rate Hits 6.3%, Youth Most Affected
Pakistan’s unemployment rate has climbed to 6.3%, with young people aged 15-34 being the most impacted, according to the Secretary
