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SBP forecasts inflation to ease to 20-22pc in FY24
KARACHI: The State Bank of Pakistan (SBP) asserted that the inflation rate would ease to 20-22 per cent in the...
Weekly inflation up by 0.37pc
ISLAMABAD: The weekly inflation, measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.37 percent for the combined...
Banks to remain closed for public dealing on Monday: SBP
KARACHI: All the banks and financial institutions will observe holiday on Monday and remain closed for public dealing. “The State...
Banks to remain open on Saturday, Sunday for tax collection
KARACHI: The State Bank of Pakistan directed all banks to keep their branches open on Saturday and Sunday for collection...
SBP launches SUNWAI portal,app for customer complaints
KARACHI: The central bank, launched ‘Sunwai’ a customer complaint service portal and app- to facilitate banking customers in lodging their...
Petroleum prices likely to remain stable in next review
ISLAMABAD: The prices of petroleum products will not see any major change with diesel rates expected to go up in...
Stern warning to those attempting to manipulate FPCCI elections issued
LAHORE: Zafar Mehmood Ch, Senior Vice President of the Lahore Chamber of Commerce and Industry, delivered a stern warning to...
Quetta I&I, FC seize smuggled goods worth Rs306m near Nokundi
QUETTA: The Regional Directorate of Customs Intelligence & Investigation I(I&I) in collaboration with FC North, seized smuggled and non-duty paid...
AIIB approves $250m for RISE-II project to accelerate economic recovery
ISLAMABAD: Asian Infrastructure Investment Bank (AIIB) has approved $250 million under the Second Resilient Institutions for Sustainable Economy (RISE-II) development...
FCCI president discusses exports to Saudi Arabia with additional secretary
FAISALABAD: President Faisalabad Chamber of Commerce & Industry (FCCI) Dr Khurram Tariq held a meeting with Rizwan Saeed, additional secretary,...
ECC directs NPMC to check hoarding, ensure price stability
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet directed National Price Monitoring Committee (NPMC) to continue regular coordination with...
Pakistan’s total liquid foreign reserves reach $12.8b
KARACHI: The total liquid foreign reserves of Pakistan increased to US$ 12,855.7 million while the reserves held by the central...
SIFC initiatives to start new phase of industrialization in Pakistan: Gohar Ejaz
KARACHI: Caretaker Federal Minister for Commerce, Industries and Production Dr. Gohar Ejaz, reiterating the government’s commitment to economic revival said...
Govt should take immediate steps to save salt export industry: Qasim Yaqoob Paracha
MULTAN: The salt export industry in Pakistan is teetering on the brink of collapse, casting a daunting shadow over businesses,...
Pakistan’s economic model is dysfunctional & benefits of growth are limited to elites: Najy Benhassine
LAHORE: In a recent article featured in the latest UNDP publication, World Bank Country Director for Pakistan, Najy Benhassine, highlighted...
Exchange cos adopts new mechanism for issuing exchange rates for six currencies
KARACHI: The Exchange Companies Association of Pakistan (ECAP) has implemented a new mechanism for issuing exchange rates for six major...
FBR starts replacement of WeBOC with new customs digital management system
ISLAMABAD: The Federal Board of Revenue (FBR) has embarked on a significant overhaul, initiating the replacement of the existing Web...
Pakistan’s cement exports increase by 48.28pc
ISLAMABAD: The exports of cement witnessed an increase of 48.28 percent during the first five months of the financial year...
Economic outlook stays optimistic despite challenges: Report
ISLAMABAD: Despite significant challenges, the overall economic outlook remained optimistic, marked by receding inflationary pressures, positive prospects in agriculture, signs...
PCJCCI stresses collaboration with China to enhance Pak chemical industry’s competitiveness
LAHORE: Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) President Moazzam Ghurki has said that Pakistan did not have latest...
