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...
Govt jacks up Petrol Prices by Rs. 30/liter
Finance Minister Miftah Ismail announced another hike in the prices of petroleum products after the International Monetary Fund (IMF) emphasized the termination of subsidies...
CPI Inflation increased by 13.8% in May 2022
Pakistan CPI inflation increased by 13.8% on YoY basis in May'22 as compared to an increase of 13.4% in Apr'22 & 10.9% in SPLY....
Govt has increased the Petrol prices by Rs. 30/litre
Finance Minister Miftah Ismail announced a hike in the price of petroleum products after the International Monetary Fund (IMF) emphasized the termination of subsidies...
SBP raised the Policy rate by 150BPS to 13.75%
The MPC of the State Bank of Pakistan has decided to raise policy rate by 150bps to 13.75%.
This is the highest interest-rate level...
Foreign Direct Investment recorded Net Inflow of $170.6Mn in April, 2022
The Foreign Direct Investment (FDI) recorded an inflow of $170.6Mn during the month of April against the outflow of $30.4mn recorded in March 2022.
While...
Pakistan’s Current Account Deficit shrinks by 39% MoM to $623Mn in...
Pakistan reports Current Account Deficit of US$623Mn during the month of Apr‘22 as compared to a deficit of US$1,015 mn in Mar’22. The decline...
