Recessions Risks Knock Stocks, Speculators Drawn Back to Yen
Asian stock markets struggled to make headway on January 19, 2023, after weak US consumer data stoked recession worries and…
SECP Registers 2,374 New Companies in December 2022
The Securities and Exchange Commission of Pakistan (SECP) registered 2,374 new companies in December 2022, according to a January 12,…
Prices of Petroleum Products to Remain Unchanged
Minister for Finance and Revenue Senator Muhammad Ishaq Dar on January 15, 2023 said that the government has decided to…
Pakistan, Saudi Arabia Ink Agreement for Arrangements of Hajj 1444
Saudi Minister of Hajj and Umrah Dr Tawfiq bin Fawzan Al-Rabiah on January 14, 2023 welcomed the Pakistani delegation led…
The Last Date for Encashment of Withdrawn Prize Bonds Extended
The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs 7500, 15,000,…
France Will Provides € 120 million for Keyal Khuwar Hydropower Project
The government of France would provide soft loans of € 120 million for Keyal Khuwar 128 Mega Watt (MW) Hydropower…
SBP Issues NOCs to Five Applicants for Establishing Digital Banks
State Bank of Pakistan (SBP) has issued no objection certificates to the following five (05) applicants for establishing digital banks:…
Three-Day Pak-Russia Intergovernmental Commission Meeting Begins to Promote Cooperation
The 8th meeting of the Pakistani-Russian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation commenced in Islamabad on January…
SBP Facilitates Entities and Freelancers to Enhance Export of Software, IT & IT Enabled Services
To facilitate exporters of software, IT & IT Enabled Services, State Bank of Pakistan (SBP) has amended its foreign exchange…
World Bank Warns Global Economy Could Tip into Recession in 2023
The World Bank slashed its 2023 growth forecasts on January 10, 2023, to levels teetering on the brink of recession…