BUSINESS

IMF loans and sukuk bonds will strengthen Pakistan’s foreign exchange, Moody’s said.

IMF loans and sukuk bonds will strengthen Pakistan’s foreign exchange, Moody’s said.

ISLAMABAD: International rating agency Moody’s has said that the Rs 1 billion loan from the International Monetary Fund (IMF) and…
The dollar, pound, euro, and Saudi riyal continued to fly last week.

The dollar, pound, euro, and Saudi riyal continued to fly last week.

Karachi: The dollar, pound, euro, and Saudi riyal continued to fly in the interbank market last week. During the week,…
The railway deficit was recorded at Rs 333 billion. The Auditor General’s report opens the pool.

The railway deficit was recorded at Rs 333 billion. The Auditor General’s report opens the pool.

Lahore: The Auditor General of Pakistan has opened a pool of claims for improvement in the railways. Report: The total…
The SITE Association slams the rising oil prices

The SITE Association slams the rising oil prices

KARACHI: According to a statement, the Site Association of Industry has termed the recent rise in petroleum product prices as…
Ghee and flour mill owners are likely to raise prices after the government used petrol bombs.

Ghee and flour mill owners are likely to raise prices after the government used petrol bombs.

Sherry Rehman, a PPP senator, said that because of the huge number of petrol bombs, ghee and flour mill owners have also said that prices will go up a lot in the country. “Due to # PetrolBombs, the price of ghee and flour will go up significantly, with a ghee price hike…
Pakistan’s foreign exchange reserves have decreased by $231 million to $23.49 billion.

Pakistan’s foreign exchange reserves have decreased by $231 million to $23.49 billion.

Karachi: As of February 11, 2022, Pakistan’s liquid foreign currency reserves were down $231 million to $23.49 billion. According to figures issued by the State Bank of Pakistan, the country’s foreign currency reserves were at $23.721 billion as of the week of February 4, 2022. (SBP). Official foreign…
Starting tomorrow, CNG supplies will be interrupted once again.

Starting tomorrow, CNG supplies will be interrupted once again.

KARACHI: Compressed Natural Gas (CNG) supply has been interrupted for 72 hours once again, only two and a half months…
The government adopts a policy to expand the textile industry capacity.

The government adopts a policy to expand the textile industry capacity.

The government has established a textile programme aimed at strengthening the industry’s ability for long-term development in textile exports. Adviser…
The SBP expands agricultural credit ceilings for agribusiness finance.

The SBP expands agricultural credit ceilings for agribusiness finance.

KARACHI: The State Bank of Pakistan (SBP) increased the indicated credit limits for agriculture financing by banks to farmers on…
Agreement between the Punjab Government and Dubai Group

Agreement between the Punjab Government and Dubai Group

An agreement is going to be reached between the Punjab government and the Dubai Group in Dubai regarding the construction…
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