The Pakistan Stock Exchange (PSX) saw a powerful rally as the benchmark KSE-100 index soared over 800 points in early trading on Monday, crossing the […]
Category: Business
Benefitting through SCO and BRICS
Following the successful hosting of the Shanghai Cooperation Organisation (SCO) summit, Pakistan is now actively lobbying for membership in BRICS, a significant alliance of emerging […]
Aurangzeb Optimistic About Increased Investments in Next CPEC Phase
WASHINGTON: Finance Minister Muhammad Aurangzeb has expressed hope for heightened investments in the upcoming phase of the China-Pakistan Economic Corridor (CPEC). He emphasized that CPEC […]
Pakistan Requests $1.4 Billion Loan from China Amid Ongoing Financial Challenges
ISLAMABAD: Pakistan has announced its request for an additional loan of 10 billion yuan (approximately $1.4 billion) from China, underscoring the ongoing external financing challenges […]
Selling PIA: An Update on the Privatization Process
Finance Minister Muhammad Aurangzeb’s recent statement suggests that the government aims to finalize the long-delayed privatization of Pakistan International Airlines (PIA) by next month. This […]
Pakistan Expedites Payments to China Amidst Energy Project Liabilities
ISLAMABAD: Pakistan has taken steps to reduce its payables for Chinese energy projects to $1.4 billion (approximately Rs391 billion) after committing to fully clear fresh […]
Govt Initiates Rationalization of PSDP Projects
The government of Pakistan has officially commenced the rationalization of the Public Sector Development Programme (PSDP) in response to directives from the International Monetary Fund […]
PM Shehbaz Urges Swift Reforms in FBR to Support Taxpayers
ISLAMABAD: Prime Minister Shehbaz Sharif has reiterated the urgency for accelerating reforms within the Federal Board of Revenue (FBR), emphasizing the need to complete the […]
Nepra Approves 85 Paisa Relief in Fuel Charges Adjustments for August
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has authorized ex-Wapda distribution companies (XWDISCOs) to refund Rs0.8555 per unit to power consumers as part of […]
Lahore-Based Coworking Startup Colabs Raises $2M in Pre-Series A Funding Round
Lahore-based startup Colabs, which offers small and medium enterprises, entrepreneurs, and freelancers spaces and a tech platform to build and grow their businesses, announced on […]