Business
Business
Rising Demand for Dollars May Depreciate Pakistani Rupee Further
As a result of the International Monetary Fund's insistence on a market-driven exchange rate, the rupee may experience additional depreciation…
Indus Motor Company Closed Production Amidst Import Challenges
Renowned in Pakistan's automobile sector as the manufacturer of Toyota vehicles, Indus Motor Company Limited has temporarily halted its manufacturing…
IMF Critiques State Bank of Pakistan for Inadequate Inflation Response
The International Monetary Fund (IMF) has recently expressed strong disapproval towards the State Bank of Pakistan's (SBP) monetary policy, accusing…
Pakistan-IMF Agreement: Macroeconomic Stabilization and Policy Reforms
Pakistan and the International Monetary Fund (IMF) have struck a significant agreement to maintain macroeconomic stability while addressing complex economic…
Bank Makramah Limited: The Islamic Transformation of Summit Bank
Summit Bank, following its recent acquisition by a United Arab Emirates (UAE) investor, disclosed a significant name change to the…
Pakistan Refinery Limited and Air Link Communication Eye Stake in Shell Pakistan
Renowned companies, Pakistan Refinery Limited (PRL) and Air Link Communication are keen to procure a portion of Shell Pakistan. This…
First LNG Supply Offer to Pakistan after IMF Loan Approval
In the wake of Pakistan securing a $3 billion loan approval from the International Monetary Fund (IMF), Trafigura Group has…
Significant Hike in National Power Tariffs: A Move to Aid Loss-making Discos
To support loss-making power distribution companies (Discos), the national power regulator has raised the national average tariff by about Rs5…
IMF Stresses on Steadfast Implementation of Stand-by Arrangement for Pakistan’s Stability
Julie Kozack, the International Monetary Fund's (IMF) Director of Strategic Communications, has underscored that the "steadfast implementation" of the nine-month…