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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...
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...
President Arif Alvi approves Lt Gen Asim Munir’s appointment as COAS
President Dr. Arif Alvi has approved the appointment of Lt General Asim Munir as the new Chief of Army Staff. The president also approved...
CPI Inflation clocked in at 26.6% in Oct
CPI inflation increased to 26.6% on year-on-year basis in Oct 2022 as compared to an increase of 23.2% in the previous month and 9.2%...