Finance
Trending Topics
Pakistanis Brace for Another Hike in Electricity Bills
Electricity consumers across Pakistan should prepare for another increase in their October bills, as the National Electric Power Regulatory Authority (NEPRA) confirmed a fresh hike…
Artistic Denim Mills Posts Rs451 Million Loss in FY25
Artistic Denim Mills Limited (ADM) has posted a net loss of Rs451 million for the year ended June 30, 2025, compared to a profit of…
Gul Ahmed Textile Mills Announces Closure of Export Apparel Segment
Gul Ahmed Textile Mills Limited has officially announced the closure of its Export Apparel Segment following a strategic review of its performance. The decision, communicated…
SBP Directs Banks to Begin Phase II of Basel III Reforms
The State Bank of Pakistan (SBP) has instructed commercial banks to initiate Phase II of Basel III reforms, aimed at addressing weaknesses in the pre-crisis…
Petrol Prices Likely to Increase Again
Petrol prices in Pakistan are likely to go up once again from October 1, as reports suggest a fresh hike in the rates of petroleum…
Port Qasim Gains 9th Spot in World Bank Rankings
Port Qasim has secured the 9th spot in the World Bank rankings of most improved container ports, marking a significant milestone for Pakistan’s maritime reforms…
Pakistan Eyes $750 Million in First Panda Bond Financing
Pakistan is preparing to secure about $750 million in the coming weeks through a mix of commercial borrowing and the issuance of its first-ever Panda…
PIA Audit Reveals Rs9.43bn Loss from Free and Discounted Tickets
An Auditor General of Pakistan (AGP) audit report has revealed that Pakistan International Airlines (PIA) caused a loss of Rs9.43 billion to the national exchequer…
Govt Moves Ahead with Reforms to Cut Power Costs
The federal government has taken a major step forward in its power sector reforms by introducing measures designed to cut power costs for consumers. As…
Standard Chartered Reports 23% Earnings Decline in H1 2025
Standard Chartered (Pakistan) has reported a 23% drop in profit after tax for the first half of calendar year 2025, as lower domestic interest rates…
AGP Retracts Rs 375 Trillion Audit Report, Cites Typos
In a surprising U-turn, the Auditor General of Pakistan (AGP) has withdrawn its earlier bombshell report that claimed irregularities of Rs. 375 trillion in federal…
SBP Maintains Policy Rate at 11%
The State Bank of Pakistan (SBP) has announced its decision to keep the benchmark policy rate unchanged at 11% following the Monetary Policy Committee (MPC)…
