Business
Meezan Bank Inks Agreement to Join ITFC
Staff Report: Meezan Bank, Pakistan’s leading Islamic bank has signed a new strategic partnership with the International Islamic Trade Finance Corporation (ITFC), a member of the…
Business
Business
Federal Minister for Finance and Revenue meets Ambassador Munir Akram
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with Ambassador Munir Akram, Permanent Representative of Pakistan to the United Nations, who…
Business
Federal Minister for Finance and Revenue meets AIIB delegation
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with a delegation of Asian Infrastructure Investment Bank (AIIB) led by Mr. Konstantin…
Business
Foreign investment surges by 48% in Pakistan
ISLAMABAD: Foreign investment in Pakistan has surged by 48% during the first quarter of the current fiscal year, highlighting the successful initiatives of the Special Investment…
Business
MPC Cuts Policy Rate by 250 Basis Points to 15% Amid Declining Inflation
ISLAMABAD:1. At its meeting today, the Monetary Policy Committee (MPC) decided to cut the policy rate by 250 basis points to 15 percent, effective from November…
Business
Pakistan’s exports witness substantial increase due to efforts of SIFC
ISLAMABAD: Pakistan’s exports have experienced a notable rise thanks to the initiatives of the Special Investment Facilitation Council (SIFC). In the financial year 2024, agriculture and…
Business
Exports icrease by 13% in 1st four months of current fiscal year
ISLAMABAD:The nation’s exports rose by 13.45 percent in the initial four months of the current fiscal year compared to the same months of the previous year.…
Business
PPL Production Declines, FY25 Forecast at 0.7 BCFde
Staff Report:PPL’s production decreased to 713 MMscfd due to natural field depletion, lower offtakes from Kandhkot, and excessive line pressure in SNGPL’s network. Management forecasts production…
Business
Local Cement Dispatches in Pakistan Projected to Rise 3% MoM in Oct 2024
Staff Report:Pakistan’s local cement dispatches are likely to increase by 3% month-over-month to reach 2.99 million tons in October 2024, though they are expected to decline…
Business
October CPI Rises to 7.17% YoY, Driven by Food and Housing Costs
Staff Report:The October CPI recorded a year-over-year inflation rate of 7.17%, surpassing our expectations. Month-over-month, inflation increased by 1.2%, primarily due to higher food and housing…
