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Dar Urges European Companies to Explore Pakistan’s Expanding Investment Opportunities
Deputy Prime Minister and Foreign Minister Ishaq Dar has called on top European firms to take advantage of the growing investment prospects in Pakistan’s major sectors. Speaking at a reception in Brussels, he stressed that Pakistan’s vast potential especially in…
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Pakistan Asks China To Roll Over Debt
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Pakistan’s Finance Minister Muhammad Aurangzeb requested China to roll over guaranteed debt and increase the $4.3 billion currency swap agreement to boost Pakistan’s foreign exchange…
PSX Plummets 2500 Pts As Indo-Pak War Clouds Darken
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The Pakistan Stock Exchange (PSX) faced a major decline today, with the index falling by more than 2,500 points. The stock exchange saw investors hesitant,…
Senate Finance Committee Reviews Solar Panel Policy, Gives a Deadline to SBP & FBR
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Islamabad: The Senate Standing Committee on Finance and Revenue, presided over by Senator Saleem Mandviwalla, convened today at the Parliament House to deliberate on key…
Dollar Likely to Surge Against Pakistani Rupee Amid Economic Adjustments: Fitch
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The US dollar is likely to surge against the Pakistani rupee, after Fitch Ratings predicted a controlled depreciation of the local currency by the State…
Staggering 42.4% of Pakistanis Now Live in Poverty, Says World Bank
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ISLAMABAD: In 2025, Pakistan’s poverty rate is estimated to be 42.4 percent, with a population growth of nearly 2 percent annually. This translates to approximately 1.9…
Pakistani Banks Face Profit Slowdown in Q1 2025 Amid Market Pressures
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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
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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
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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
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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
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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
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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
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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
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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…
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