Global Footprint: BOP to establish Wholesale Banking Unit in Bahrain and Representative Office in UAE”
The Board of Directors of the Bank of Punjab (BOP) has approved the business plan to establish a Wholesale Banking Unit in the Kingdom...
MARI’s subsidiary secure mineral exploration licenses in the Chagai district of Balochistan.
The Directorate General Mines & Minerals Balochistan has granted two Exploration Licenses EL-322 and EL-323, and allotted area of 501.03 sq. km and 512.76...
Government Greenlights Tax-Heavy Budget Ahead of Crucial IMF Loan Talks
Pakistan’s parliament on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new bailout with...
KSE 100 Skyrockets to Historic 78k Milestone!
The Pakistan Stock Exchange (PSX) experienced a buying frenzy as the benchmark KSE-100 index surged by over 1,500 points during the opening hours of...
#GoodNews: Govt has reduced the Petrol Price by Rs. 10/liter
Government of Pakistan has decided to reduce the prices of Petrol and Diesel by PKR 10 per liter and PKR 7.5 per liter.
The new...
ADB has approved $554Mn Flood Assistance Package for Pakistan
A $554 million financing package, including new and reallocated funds, has been approved to support recovery and reconstruction efforts in Pakistan following this year’s...
Russia will provide Petrol and Diesel at discounted rates to Pakistan:...
State Minister for Petroleum Musadik Malik said on Monday that Russia has agreed to provide crude oil at discounted prices, a development that could...
CPI Inflation clocked in at 23.84% in November
Consumer Price Index (CPI) inflation during the month of November was recorded at 23.84% YoY compared to 26.6% YoY in Oct’22. On MoM basis,...
Pakistan has received USD500Mn from AIIB
Pakistan has received $500 million from the Asian Infrastructure Investment Bank (AIIB), the Ministry of Finance stated on Tuesday.
“Government of Pakistan has today received...
MPC of the SBP has raised the Policy rate by 100BPS...
The Monetary Policy Committee (MPC) decided to raise the policy rate by 100 basis points to 16%.
This decision is aimed at ensuring that elevated...
