Govt Expects Inflation to Fall to 9-10.5% Range
The Ministry of Finance in its Monthly Economic Update stated that due to stability in economic indicators, inflation is heading
JS Bank’s Profit Soars by 511% to Rs. 18.8 Billion in First Half of 2024
JS Bank, one of the fastest-growing banks in Pakistan, announced its financial performance for the first half of 2024. The
Telenor Microfinance Bank Posts Record Profit Before Tax of Rs. 2.6 Billion in H1 2024
The Board of Directors of Telenor Microfinance Bank (TMB) in its meeting held on August 22, 2024, approved the Bank’s
Moody’s Upgrades Long-Term Deposit Ratings of 5 Pakistani Banks to Positive
Moody’s Ratings (Moody’s) has upgraded the long-term deposit ratings of five Pakistani banks—Allied Bank Limited (ABL), Habib Bank Ltd. (HBL),
Pakistan’s Banking Sector Sees Profit Growth of 4% in Q2, Posts Rs. 137 Billion Profit
In the second quarter of 2024, Pakistan’s listed banks reported a 4% year-on-year increase in profitability, reaching Rs. 137 billion.
OGDCL Discovers Gas Condensate in Sindh
The Joint Venture of Sinjhoro Block, led by Oil & Gas Development Company Limited (OGDCL) with partners Orient Petroleum and
SBP Foreign Exchange Reserves Increase by $112 Million
The State Bank of Pakistan (SBP) reported an increase of $112 million in its foreign exchange reserves on a weekly
PM Shehbaz Targets $60 Billion in Remittances by 2034 with New Overseas Initiatives
In a bold move to bolster the nation’s economy, the Prime Minister has set an ambitious target to increase remittances
Pakistan Sees 64.5-Fold Surge in Profit Repatriation in July 2024
The repatriation of profits and dividends from foreign investments in Pakistan soared to $139 million in July 2024, marking a
CCP Claims Sole Jurisdiction to Tackle Deceptive Marketing Practices
The Competition Commission of Pakistan (CCP) has confirmed its exclusive jurisdiction to prevent and prohibit anti-competitive practices under Chapter II,
