Business

Business

Govt hopes to raise $600b through sale of HBL Stake

Attempting to meet International Monetary Fund (IMF) loan conditions, the government is expected to raise $600 million next month by…

3 Min Read

KSE Market watch: Week at a glance

The stock market managed to stop its fall  as strong corporate earnings coupled with positive sector-specific news and foreign buying…

3 Min Read

Suspicion: SBP blocks $65 million transaction

The State Bank is reported to have blocked an unusually large transaction of about $65 million originating from Malaysia after…

2 Min Read

Pak-Afghan border: Smuggling continues unabated

The state is doing little to control rampant smuggling through the pak-Afghan border. For years, successive governments have tried to…

3 Min Read

KSE Market Watch: The rise of the stocks

Despite starting off the day on a sluggish note, the stock market steadily gained momentum and ended the trading session…

2 Min Read

Tyre smuggling: A bane for local manufacturers

The government could attract  investment in the rubber tyre industry by resolving structural problems of the sector, claimed  officials of…

2 Min Read

Pakistan secures $21 billion LNG contract with Qatar

In a major breakthrough, Pakistan has managed to secure a $21 billion long-term contract from Qatar to supply liquefied natural…

5 Min Read

Foreign Currency reserves increase by 7.4%

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased 7.4% , according to data released by the…

1 Min Read

Treasury bills’ yields continue to fall

The rates of treasury bills were again reduced on today, while the amount raised through the auction was double than…

2 Min Read