Business
Business
Launch of Pakistan’s Digital Currency: Aiming for Economic Revitalization
The government of Pakistan has initiated plans to roll out a digital currency to cut down the expenses associated with…
PIA Secures Rs17 Billion Loan: A Beacon of Hope for the Financially Strained Airline
In a crucial development, Pakistan International Airlines (PIA), currently facing financial difficulties, has secured a vital Rs17 billion bank loan,…
Chinese Company Announces Plans for Electric Vehicle Plant and Showrooms in Pakistan
A delegation from the Chinese company XinjianJingyi Cheng Group, spearheaded by assistant chairman GU Xongquan, has declared their intentions to…
PIA’s Race Against Time: Caretaker Government Calls for Urgent Privatization
In a decisive move, caretaker Prime Minister Anwaar-ul-Haq Kakar directed the rapid advancement of the privatization process of the financially…
SBP Holds Policy Rate at 22%: Industry Experts Weigh in on the Future of Inflation
The State Bank of Pakistan (SBP) has chosen to sustain the key policy rate at 22%, as revealed in a…
Gear Up for a Financial Jolt: Petrol Rates Set to Cross Rs320 per Litre
The persistent surge in energy rates is set to continue, with petroleum product prices expected to climb again later this…
PIA Braces for Potential Collapse on September 15 Amid Financial Turmoil
The Pakistan International Airline (PIA) is facing potential operational suspension by September 15 due to severe financial constraints, a senior…
Critical Financial Crisis Grips PIA: 15 Planes at Risk of Grounding
Pakistan International Airlines (PIA) is grappling with a severe financial crisis that threatens to ground 15 of its planes if…
Pakistani Rupee Shows Remarkable Recovery Against US Dollar Following Government Crackdown
The Pakistani rupee witnessed a notable recovery against the US dollar, with rates plunging below Rs 300 in the open…