SBP Expected to Hold Interest Rate at 11.5% as Market Sees Stable Monetary Policy
Pakistan’s financial markets are widely expecting the State Bank of Pakistan (SBP) to maintain its benchmark policy rate at 11.5…
Tag: Pakistan economy
Gold Prices Rise for Third Consecutive Day in Pakistan
Gold prices continued their upward trend in Pakistan on Monday, marking the third consecutive day of gains as international bullion…
FIA Arrests Former FESCO CEOs in Alleged Rs12 Billion Electricity Fraud Case
The Federal Investigation Agency (FIA) has arrested two former chief executive officers of the Faisalabad Electric Supply Company (FESCO) in…
Pakistan’s Foreign Direct Investment Drops 94% in June 2026
Pakistan witnessed a sharp decline in foreign investment as net Foreign Direct Investment (FDI) fell to just $14 million in…
Pakistan’s Textile Industry Faces Mounting Challenges as Export Growth Stalls
Pakistan’s textile sector, the country’s largest source of US dollar earnings, is facing increasing pressure as industry leaders call for…
PM Shehbaz Directs FBR to Strengthen Engagement With Karachi Business Community
Prime Minister Shehbaz Sharif has directed senior officials of the Federal Board of Revenue (FBR) to visit Karachi during the…
PM Shehbaz Sharif Orders Full Digitization of Overseas Remittances to Promote Digital Payments
Prime Minister Shehbaz Sharif has directed authorities to take steps toward making overseas remittances 100 percent digital as part of…
Soya Supreme Cooking Oil Maker Plans Rs. 2.6 Billion PSX IPO to Expand Operations
Agro Processors & Atmospheric Gases Limited, the company behind Pakistan’s well-known Soya Supreme cooking oil brand, is preparing to enter…
Pakistan’s Largest Coal Project Set for Major Expansion to Boost Energy Security
Pakistan’s largest coal mining initiative is preparing for another significant milestone as Sindh Engro Coal Mining Company (SECMC) gears up…
KP Sets Aside Rs. 38.68 Billion for 26 Development Projects in Haripur
The Khyber Pakhtunkhwa government has allocated Rs. 38.68 billion for 26 development projects in Haripur district under the Prosperous Khyber…
Government Reintroduces Phased Release of Rs. 1 Trillion Development Funds for FY2026-27
The federal government has once again decided to limit the release of development funding by linking allocations to the country’s…
PCB Allocates Rs. 1.1 Billion for Player Salaries and Match Fees
The Pakistan Cricket Board (PCB) has earmarked Rs. 1.1 billion in its latest budget for player salaries and match fees,…
HBL to chair SCO Interbank Consortium for 2026-27, boosting regional financial cooperation
HBL has been nominated to serve as the Chair of the Council of the Shanghai Cooperation Organization Interbank Consortium (SCO…
Gold Price Falls Below Rs. 420,000 Per Tola in Pakistan After Sharp Decline
Gold prices in Pakistan recorded another significant decline on Wednesday, with the price of the precious metal falling below the…
OGDCL Begins Oil Production From Newly Discovered Bobi Deep-1 Well in Sindh
Oil and Gas Development Company Limited (OGDCL) has officially started oil production from its newly discovered Bobi Deep-1 well in…