Business
Business
The State Bank of Pakistan Announces Holiday Dates
The State Bank of Pakistan (SBP) has declared that the central bank will be closed on June 29 and 30…
Pakistan’s Struggle to Secure LNG from Spot Market Intensifies Energy Crisis
Crisis-ridden Pakistan has reportedly been unsuccessful in acquiring liquified natural gas (LNG) from the spot market in its initial attempt…
Extended Banking Hours Announced by State Bank of Pakistan for Tax Collection
The State Bank of Pakistan (SBP) has declared that commercial bank branches, typically operational on Saturdays, will maintain their standard…
Pak Suzuki Suspends Operations Amid Part Shortages and Auto Financing Decline
Pak Suzuki Motor Company Ltd has confirmed the closure of its motorcycle and four-wheeler manufacturing plants from June 22 to…
Pakistani Rupee Gains Momentum Against US Dollar
Pakistan's currency, the rupee, has been making promising strides against the US dollar since Monday, closing the exchange-rate gap with…
IMF’s Executive Board Schedules Meetings Without Pakistan: Ninth EFF Review Still Pending
The International Monetary Fund (IMF) has convened meetings through June 29 without including Pakistan, as the ninth review under the…
Commercial Importers to Cease Operations Amid Dollar Shortage
Recently, commercial importers in Pakistan have stopped importing all consumable goods and beverages from June 25. The drastic decision responds…
Pakistan’s ‘Plan B’: Seeking Bilateral Support Amid IMF Stalemate
Considering the prospect of a sustained stalemate with the International Monetary Fund (IMF) until June 30, 2023, Pakistan, under its…
Pakistan’s Textile Exports Witness Significant Decline amidst Varied Trade Trends
The textile sector of Pakistan, a significant contributor to the country's economy, is currently facing an alarming downturn. Pakistan's Export…