UEP seeks Rs6.213bn from CPPA-G to clear debt ISLAMABAD: UEP Wind Power Limited has approached CPPA-G for Rs 6.213 billion to clear its mandatory financial... Updated 31 Oct, 2024 09:16am
World Chinese premier calls for international AI cooperation SHANGHAI: Chinese Premier Li Qiang on Thursday called for global cooperation and a more open mindset in artificial... Published 04 Jul, 2024 11:43am
Markets Sri Lanka bond holders agree to take 28% haircut: govt COLOMBO: Sri Lanka’s private creditors have accepted a 28 percent haircut on $12.5 billion in sovereign bonds, the... Published 04 Jul, 2024 11:40am
World Sri Lanka to save $5bn from bilateral debt deal COLOMBO: Sri Lanka will save $5 billion following the restructure of its bilateral debt, much of which is owed to... Published 02 Jul, 2024 11:56am
Markets Sri Lanka shares end higher COLOMBO: Sri Lankan shares closed higher on Friday, aided by industrial and communication service stocks. The CSE... Published 08 Jun, 2024 07:00am
Markets Dar lauds support as Bank of China’s second branch opens in Islamabad Finance Minister Ishaq Dar on Monday lauded the role of China’s banking sector and its institutions for supporting... Updated 31 Jul, 2023 05:34pm
Pakistan Securing refinancing: govt cleared dues of Chinese banks in advance, says Ishaq Dar Finance minister says $300 million expected from China in 3-5 days Published 17 Jun, 2023 07:04pm
Print Reserves, IMF term: $1bn Chinese loan received KARACHI: Pakistan on Friday night received $1 billion inflows from China as loan to build the depleting foreign... Updated 17 Jun, 2023 08:58am
Markets On back of another Chinese loan, SBP-held forex reserves increase $487mn, now stand at $4.3bn This is the fourth successive increase in central bank-held reserves on weekly basis Updated 09 Mar, 2023 09:33pm
Print $700m Chinese loan lands in SBP account KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange... Updated 25 Feb, 2023 09:01am
Markets SBP receives $700mn from China Development Bank, says Ishaq Dar Development comes as central bank-held foreign exchange reserves languish at around $3.26bn, which is less than one month of import cover Published 24 Feb, 2023 09:44pm
Print Forex reserves to get much-needed boost: China lends a hand amid IMF procrastination Board of China Development Bank approves facility of $700 million Updated 23 Feb, 2023 09:24am
Pakistan Dar informs US envoy of measures taken to meet financial obligations Federal Minister for Finance and Revenue Mohammad Ishaq Dar on Wednesday shared with Donald Blome, the US Ambassador... Updated 22 Feb, 2023 09:09pm
Pakistan China Development Bank approves $700mn facility for Pakistan: Dar Amount expected to be recieved by SBP this week, says finance minister Updated 22 Feb, 2023 09:06pm
Markets China’s EXIM bank gives Sri Lanka debt extension BEIJING: China’s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China’s foreign... Published 26 Jan, 2023 09:39am
BR Research Currency downfall – is government losing credibility? The anxiety in the currency market is growing again. PKR/USD after peaking at 202 in the last week, started coming... Published 08 Jun, 2022 10:50am