Trending Topics
Pakistani Banks Face Profit Slowdown in Q1 2025 Amid Market Pressures
KARACHI: The first quarter of 2025 has brought with it a mixed financial landscape for Pakistani commercial banks. The sector is experiencing a noticeable slowdown…
CCP Grants Green Light to Merger Between Junaid Jamshed and U&I Garments
ISLAMABAD: The Competition Commission of Pakistan (CCP) has officially approved the merger of Junaid Jamshed (Private) Limited (JJPL) with U&I Garments (Private) Limited (U&I). The…
Why Dollar Is Not Falling in Pakistan Amid Global Decline
The U.S. dollar, as of April 22, 2025, has fallen to near three-year lows against global currencies, trading at 98.458 (at the time of this…
Ministry of IT Pushes for 5G Auction Despite Legal Hurdles
ISLAMABAD: The 5G auction is set to proceed, as hinted by the Ministry of Information Technology and Telecommunication (MoITT), despite ongoing legal hurdles surrounding parts…
Raast Records Over 892 Million Transactions as SBP Pushes for Digital Shift
KARACHI: Pakistan’s digital payment landscape continues to expand rapidly, with Raast, an instant digital payment platform developed by the State Bank of Pakistan (SBP), crossing…
Pakistan IT Exports to US Could Surge Amid Tech Sector Growth and Trade Shifts
ISLAMABAD: Amid global trade tensions and US tariff shifts, Pakistan’s underutilized digital sector could become a powerful economic lever. With sectors like software development, fintech,…
Auto Financing in Pakistan Sees Notable Uptick, Reaches Rs257bn in March
Auto financing in Pakistan experienced a steady rebound, climbing to Rs257.36 billion in March 2025, according to the latest data from the State Bank of…
Senate Committees Push for Digital Overhaul of Pakistan-Iran Barter Trade Amid Border Gridlock
ISLAMABAD: In a pivotal development for Pakistan’s trade and digital economy, the Senate Standing Committees on Commerce and Finance held a rare joint session to…
PSDE Conference Unveils URAAN Framework to Drive Pakistan Toward $1 Trillion Economy
Islamabad: Pakistan took a significant step toward reimagining its development model as the 38th Annual General Meeting and Conference of the Pakistan Society of Development…
Pakistan’s LSM Sector Records 1.90% Growth Decline in 8 Months Amid Industrial Slowdown, PBS Report
ISLAMABAD: Pakistan’s Large Scale Manufacturing (LSM) sector witnessed a decline of 1.90 percent during the first eight months (July-February) of the fiscal year 2024-25, compared…
Fitch Upgrades Pakistan Credit Rating to ‘B-‘ with Stable Outlook
ISLAMABAD: Fitch on Tuesday upgraded Pakistan credit rating to ‘B-‘ from ‘CCC+’, reflecting increased confidence in the country’s fiscal consolidation efforts, economic policy credibility, and…
Rs750 Prize Bond Draw Announced, First Prize Winner Claims Rs1.5 Million
The much-anticipated Rs750 prize bond draw was held on Tuesday in Peshawar, where lucky bondholders secured life-changing cash prizes. According to the official results issued…
