Business
Business
Govt requests for IMF a review next week
Pakistan's government has requested the International Monetary Fund (IMF) to send the review mission to the federal capital next week.…
SBP issues new orders to encash prize bond
After federal government clearance, the SBP extended the encashment date or withdrew prize bonds of Rs7,500, 15,000, 25,000, and 40,000…
ADFD rolls over $2 billion deposit in SBP
Pakistan's Finance Minister announced that the Abu Dhabi Fund for Development (ADFD) had rolled over their $2 billion deposit with…
Large-scale manufacturing output down by 5.5%
Inflation, dollar scarcity, and import curbs reduced Pakistan's large-scale manufacturing (LSM) output by 5.5% in November 2022. The Pakistan Bureau…
A trader protest in a bank for non-clearance of LC
A Karachi trader protests while sitting in a local Bank against the Bank and the State Bank of Pakistan (SBP)…
Political, economic uncertainty dragged PSX down 1,378 points
During intraday trade, the KSE-100 index of the Pakistan Stock Exchange (PSX) slumped by over 3.4%, approximately 1,348 points. The…
Lucky Core buys Lotte Chemical Pakistan
Lucky Core Industries (Previously ICI Pakistan) acquired Lotte Chemical Pakistan for Rs31.29 per share, totaling Rs 35.5 billion. Faisal Abid,…
Barrick Gold plans Reko Diq output for 2028.
Barrick Gold Corporation president and CEO Mark Bristow announced Monday that the company will complete the Reko Diq feasibility study…
Higher growth crucial for mounting productivity: study
An increase in Total Factor Productivity (TFP) is a crucial determinant of an economy's growth. Therefore, it must be pushed…