KSE-100 falls 0.38% amid negative sentiment The Pakistan Stock Exchange (PSX) saw a range-bound session on Monday, and the benchmark KSE-100 Index ended with a... Published 12 Dec, 2022 06:18pm
Pakistan Facing massive economic headwinds, companies in Pakistan struggle to keep operations going Facing energy shortages and an overall decline in demand, companies in Pakistan are either announcing shutdown of... Updated 12 Dec, 2022 07:35pm
Pakistan End of FY23: JPMorgan has penciled in another 400bps rate-hike, but experts disagree Market experts disagreed with JPMorgan, a leading global financial institution that penciled in an interest rate... Published 10 Dec, 2022 04:45pm
Pakistan Ishaq Dar directs measures to stop cross-border dollar smuggling Finance minister stresses need for coordination among all necessary platforms to curb smuggling of foreign exchange and other items Updated 09 Dec, 2022 08:52pm
Business & Finance Pakistan Refinery says will shut down for 'approximately 20 days' Company carrying out 'regeneration shutdown' starting December 10 Updated 09 Dec, 2022 06:15pm
Print CARs: ADB lists barriers to trade flows ISLAMABAD: Pakistan has borders with only two CAREC members - Afghanistan and the PRC - limiting the trade flows ... Updated 09 Dec, 2022 04:18pm
Markets SBP-held foreign exchange reserves fall $784mn, now stand precariously at $6.71bn SBP attributes decline to payment of $1,000 million against maturing Pakistan International Sukuk and some other external debt repayments This is the lowest level of SBP's reserves since January 2019 Published 08 Dec, 2022 08:01pm
Markets KSE-100 falls 0.4% on back of negative triggers The Pakistan Stock Exchange (PSX) witnessed a range-bound session on Thursday and the benchmark KSE-100 Index... Updated 09 Dec, 2022 06:33pm
Business & Finance Roshan Digital Account: monthly inflow lowest since Dec 2020, clocks in at $141mn in Nov Experts say decline in RDA inflows is attributed to central bank’s decision not to revise its rates offered on the USD-denominated NPCs Published 08 Dec, 2022 05:17pm
Business & Finance IATA says Pakistan has blocked $225mn in airline funds from repatriation Airline funds blocked from repatriation in more than 27 countries and territories with Pakistan among the top markets: IATA Updated 08 Dec, 2022 04:48pm
Print Telenor may consider closing operations ISLAMABAD: M/s Telenor, a Norwegian Telecom Company, might consider closing operations in Pakistan after failure of... Updated 08 Dec, 2022 09:11am
Pakistan Business Confidence Score lowest in Pakistan since Covid: OICCI survey Ongoing political uncertainty as well as deteriorating economic indicators have dented overall Business Confidence... Updated 07 Dec, 2022 08:30pm
Business & Finance World Bank puts country’s external debt stock by end-2021 at $130.433bn ISLAMABAD: The World Bank has estimated Pakistan’s total external debt stocks at $130.433 billion by end-2021... Published 07 Dec, 2022 07:01am
Markets KSE-100 down 0.17%, volume stays thin After witnessing a bloodbath on Monday, normalcy returned to the Pakistan Stock Exchange (PSX), which saw a mixed... Published 06 Dec, 2022 07:38pm
Markets Perishables worth $5.5mn stuck at Karachi port 'owing to dollar shortage' PFVA says 417 containers carrying vegetables i.e. onion, ginger and garlic worth approximately $5.5 million are stuck at the port Updated 06 Dec, 2022 08:34pm
Markets KSE-100 falls 1.28% as uncertainty of IMF review persists Weak macroeconomic cues keep investors on the sidelines Updated 06 Dec, 2022 09:39am
Markets Cotton arrival falls 40% year-on-year Declines to 4.281 million bales as of December 1, 2022 Updated 05 Dec, 2022 10:22pm
Print Dues against consumer billing collection: KE seeks MoF’s help for release of over Rs4.5bn collected by Pakistan Post ISLAMABAD: K-Electric (KE) has sought the Finance Ministry’s help for the release of over Rs4.5 billion collected... Updated 04 Dec, 2022 10:19am
Pakistan As IMF funding delayed, Pakistan expects $3bn from friendly country Finance Minister says Pakistan will make alternate arrangements if IMF delays $1bn tranche Updated 03 Dec, 2022 12:53am
Markets KSE-100 falls 0.57% owing to lack of positive triggers Market closes day at 45,150.1 points Published 02 Dec, 2022 07:18pm
Markets OMCs take a hit as petroleum sales drop in Pakistan Sales of oil marketing companies (OMCs) took a hit after Pakistan’s petroleum products bore the brunt of economic... Updated 02 Dec, 2022 05:20pm
Business & Finance Remittances may drop by 7.4pc to $29bn: World Bank ISLAMABAD: Remittances are expected to drop by 7.4 percent to $29 billion in 2022 from $31 billion in 2021, as loss... Updated 02 Dec, 2022 10:21am
Print PRL barred from shutting down this month ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has barred Pakistan Refinery Limited (PRL) from shutting down... Updated 02 Dec, 2022 10:09am
Markets SBP-held foreign exchange reserves fall $327mn, stand at $7.5bn Decrease comes on account of external debt repayment, says central bank Published 01 Dec, 2022 06:57pm
Markets Pakistan's CPI-based inflation in November clocks in at 23.8% CPI inflation in rural areas stood at 27.2% on a year-on-year basis Updated 01 Dec, 2022 05:49pm
Business & Finance 6-month KIBOR hits all-time high after SBP's rate-hike The six-month Karachi Inter-bank Offered Rate (KIBOR), an equilibrium interest rate for a given tenor at which banks... Published 28 Nov, 2022 11:21pm
Markets KSE-100 plummets 2% as market reacts to 'surprise' rate hike Selling pressure was witnessed across-the-board as participants looked to reduce equity exposure after SBP raised the key interest rate by 100bps Updated 28 Nov, 2022 06:11pm
Print Energy conservation: stern measures on the cards ISLAMABAD: The Government is likely to impose excise duties on inefficient fans and bulbs, fix timings for shops, ... Updated 27 Nov, 2022 09:43am
Technology Suspension of DCB payments to Google Play: users, telecom companies at receiving end Facing a growing liquidity shortage as foreign exchange reserves continue to fall, Pakistan’s central bank has... Published 26 Nov, 2022 05:47pm
Markets SBP raises key interest rate by 100bps, takes it to 16% MPC says decision reflects view that inflationary pressures have proven to be stronger and more persistent than expected Majority of market participants had anticipated central bank to maintain key policy rate Updated 25 Nov, 2022 08:52pm