Business

Business

Nationwide Strike by Oil Tankers Association Threatens Petrol Shortage

The country is bracing for a potential petrol crisis as the Oil Tankers Association has initiated a strike, halting fuel…

1 Min Read

Pakistan Stock Exchange Clinches ‘Best Islamic Stock Exchange Award 2023’ for Third Year Running

The Global Islamic Finance Awards (GIFA) has honoured the Pakistan Stock Exchange (PSX) with the 'Best Islamic Stock Exchange Award…

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80% Surge: Pakistan’s Cotton Crop Revival Fuels Hope

Despite experiencing a heatwave, pest attacks, and poor picking, the Pakistani cotton industry remains hopeful for a fruitful yield this…

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Government Prepares to Implement IMF-Advised Gas Price Adjustments

In light of the International Monetary Fund's (IMF) urging for retrospective adjustments in gas prices to manage the escalating circular…

3 Min Read

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…

3 Min Read

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,…

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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…

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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…

3 Min Read

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…

2 Min Read