The Pakistani Rupee (PKR) managed to hold out against the US Dollar (USD) in the interbank market today. It hit an intra-day high of Rs. 176.55 against the latter during

An overwhelming number of investors have shown their interest in the establishment of LNG terminals/ virtual pipelines at Karachi and Gwadar Ports, and applications for at least seven LNG licenses

International banks like the China Exim Bank and the International Islamic Trade Finance Corporation (ITFC) are charging up to 6.5 percent interest per annum on lending to Pakistan while loans

Rice Export Association of Pakistan (REAP) has expressed concern regarding the withdrawal of the zero-rating status of various export-oriented sectors in the Finance (Supplementary) Bill 2021, reported Business Recorder.REAP termed

Three to four companies have hijacked the entire electricity system, said the Federal Secretary Ministry of Water & Power, Hyder Shah, during a meeting of the National Assembly Standing Committee

Federal Secretary Power, Asif Hyder Shah, has said that by the end of the current fiscal year, the circular debt would be reduced by Rs. 350 billion.While talking to ProPakistani,

The government is in the process to finalize a 3-year strategic growth framework to enable all ministries and departments to work together for employment generation and overall economic growth.To review

Carrefour, owned and operated by UAE-based Majid Al Futtaim in Pakistan, has added a further Rs. 1 billion to its current investment of Rs. 9.5 billion in the country with

Governor State Bank of Pakistan (SBP) Dr. Reza Baqir has responded to the criticism of him by the opposition parties, especially with reference to various conditions set by the International

Borrowing from banks by the private sector mainly to invest in businesses surged to a remarkable level of over Rs. 1 trillion in the calendar year of 2021.According to Prime