FBR Suspends Two Customs Officers at Taftan Border Over Disciplinary Issues
The Federal Board of Revenue (FBR) has taken swift action by suspending two Customs officers stationed at the Taftan border,…
Pakistani Rupee Sees Marginal Improvement Against US Dollar in Intra-Day Trading
The Pakistani rupee saw a slight gain against the US dollar in intra-day trading on Friday, appreciating by 0.08% in…
Hutchison Ports Unveils $1 Billion Investment Plan to Modernize Pakistan’s Ports
Hutchison Ports, a global leader in port management, has unveiled a $1 billion investment plan aimed at modernizing Pakistan’s port…
OGDCL Reports 44% Profit Decline in 2QFY25 Amid Reduced Sales and Increased Taxes
Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company, has reported a significant drop in…
SBP’s Rate-Cut Cycle Nears Its End, Brokerage Firm Predicts Moderate Reduction Ahead of MPC Meeting
The State Bank of Pakistan (SBP) is expected to continue its rate-cutting cycle but may implement a more moderate reduction…
Private Sector Repays 48% of Bank Debt in a Month, Highlighting Cautious Economic Activity
KARACHI: In a surprising move, the private sector has repaid nearly 48 percent of the debt borrowed from banks within…
SBP Forex Reserves Increase by $21 Million, But Struggle to Meet FY25 Target Continues
KARACHI: The State Bank of Pakistan (SBP) announced on Thursday that its foreign exchange reserves had risen by $21 million,…
Bilawal Bhutto Zardari Advocates for Digital Rights and Media Freedom, Opposes Government Control on Social Media
PPP Chairman Bilawal Bhutto Zardari has called for a shift in Pakistan’s approach to media control, emphasizing the importance of…
ABHI and TPL Corp Relaunch FINCA as ABHI Microfinance Bank to Strengthen Financial Inclusion
KARACHI – ABHI, in collaboration with TPL Corp Limited, has officially rebranded FINCA Microfinance Bank as ABHI Microfinance Bank, marking…
Finance Minister Urges Export-Led Growth and Structural Reforms at Pakistan Banking Summit 2025
Islamabad – At the opening session of the Pakistan Banking Summit 2025, Federal Finance Minister Senator Muhammad Aurangzeb stressed the…