2 years ago Govt Plans to Privatize More State Owned Entities Under Rightsizing Policy The federal government has announced plans to privatize additional state-owned enterprises (SOEs) as part of its rightsizing policy. This initiative
2 years ago DHA Challenges Imposition of FED on Transfer of Properties at Islamabad High Court The Islamabad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and the Attorney General of
2 years ago Pakistan Receives First Loan Tranche of $1.027 Billion from IMF Under Extended Fund Facility The State Bank of Pakistan (SBP) has received the first loan tranche of approximately $1.027 billion from the International Monetary
2 years ago BF Biosciences IPO Oversubscribed by 3.4 Times The book-building process of BF Biosciences’ Initial Public Offer (IPO) has concluded with an oversubscription of 3.40 times, the company
2 years ago Alibaba Rival JD To Launch Operations in Pakistan Soon JD Technology, a major competitor of Alibaba, has teamed up with Pakistan-based digital marketing agency East River Digital to launch
2 years ago IMF Denies Telling Pakistan to Get $600 Million Bank Loan to Secure Bailout The International Monetary Fund (IMF) has clarified that it did not advise Pakistan to secure a commercial loan from a
2 years ago Toyota Indus Motors Temporarily Shuts Down Production for 3rd Time in Three Months Indus Motor Company (IMC), the assembler of Toyota vehicles in Pakistan, has announced a temporary suspension of its production operations
2 years ago Pakistan’s Borrowing Drops Significantly in Early FY25: Economic Affairs Division In the first two months of the fiscal year 2024-25 (FY25), Pakistan borrowed $714.74 million from various financing sources, marking
2 years ago Gold Prices in Pakistan Set Another Record, Surpass Rs. 275,000 per Tola Mark The price of gold in Pakistan has reached an unprecedented level, crossing the Rs. 275,000 mark per tola on Wednesday.
2 years ago ADB Projects Modest Recovery in Pakistan’s GDP Growth with Declining Inflation This Fiscal Year Pakistan’s economy is showing signs of modest recovery, with the Asian Development Bank (ADB) projecting a GDP growth of 2.4