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...
PM Shahbaz slashed the Petrol Price by Rs. 18.50, Diesel by...
Prime Minister Shehbaz Sharif has announced to reduce the petrol prices by Rs18.50 per litre as part of measures to ease the burden on...
MPC of the SBP has increased the Policy rate by 125BPS...
The State Bank of Pakistan (SBP) has increased the key interest rate by 125 basis points, taking it to 15%. This was announced during...
IMF chief says ‘cannot rule out’ possible global recession
The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had "darkened significantly" since April and she...
Oil drops to 12-week low on recession and Covid-19 worries
Oil prices dropped to a 12-week low in volatile trade on Wednesday, extending Tuesday’s heavy losses as growing fears of demand destruction from a...
CPI Inflation Sky-Rockets to 21.3% in June
CPI Inflation increased by 21.3% on YoY basis during the month of Jun'22 as compared to an increase of 13.8% in May'22 &...
Current Account Deficit surged by 131% on MoM basis
Pakistan’s current account deficit clocked in at $1.425 billion in May 2022, compared to the deficit of $640 million recorded in May, 2021.
The CAD...
