Business
Business
Pakistan currency dealers offer $24 billion in loans to government
Currency dealers in Pakistan's open market have proposed a plan to lend $24 billion to the government over the next…
Government seeks K-Electric tariff hike to ensure national uniform tariff
The government has requested the National Electric Power Regulatory Authority (Nepra) to raise K-Electric's consumer tariff by up to Rs6.02…
Pakistan defers agreement to hand over three airports to foreign country
The Pakistani government has declined to endorse an advisory service agreement with an arm of the World Bank Group for…
Shortage of critical medicines in Pakistan due to Pharma’s price dispute
The pharmaceutical industry in Pakistan is facing an acute shortage of critical medicines due to a simmering price dispute with…
Pakistan government permits all imports
After the ban on the import of 826 products between 2017 and 2022, Pakistan has reopened all imports subject to…
Toshiba accepts $15.2b buyout proposal
Toshiba Corp’s board accepted a $15.2 billion buyout offer from a group led by private equity firm Japan Industrial Partners,…
Pakistan braces for most difficult Ramadan amid hyperinflation
This year's Ramadan is anticipated to be especially difficult for citizens nationwide due to hyperinflation, economic slowdown, and decreased incomes,…
SBP announces Ramadan 2023 bank timings
The State Bank of Pakistan (SBP) announced the banking hours for the holy month of Ramadan. According to the SBP…
Government reveals petroleum pricing strategy under the Petrol relief program
The government has unveiled a strategy for the newly announced petrol relief program, which would be executed in three phases…