Business

PSX hits a new high and extends its winning streak.

PSX hits a new high and extends its winning streak.

In the midst of economic stability and growing foreign exchange reserves, the Pakistan Stock Exchange (PSX) continued its upward trajectory…
A slight gain of $41.7 million is seen in Pakistan’s foreign reserves.

A slight gain of $41.7 million is seen in Pakistan’s foreign reserves.

According to figures issued by the State Bank of Pakistan (SBP), Pakistan’s total liquid foreign reserves increased by a slight…
As the government pushes for the DISCO sell-off, ADB promises $130 million for Pakistan’s energy sector.

As the government pushes for the DISCO sell-off, ADB promises $130 million for Pakistan’s energy sector.

The Asian Development Bank (ADB) has provided $130 million to boost Pakistan’s energy industry, with $30 million currently available for…
Rupee depreciates on low dollar inflows for second consecutive month

Rupee depreciates on low dollar inflows for second consecutive month

Country’s ability to generate dollar loans shrank to normal: official. Loans disbursement remained low in last 2 months. Pakistan secured…
Karachi’s iconic Regent Plaza hotel gets Rs14.5bn offer from SIUT

Karachi’s iconic Regent Plaza hotel gets Rs14.5bn offer from SIUT

Hotel comprises 400 rooms with an occupancy rate of 20%. Five-star hotel is on a plot measuring 13,200 square yards.…
Gold slips below Rs200,000 per tola in Pakistan as rates released after a month’s hiatus

Gold slips below Rs200,000 per tola in Pakistan as rates released after a month’s hiatus

Gold rate decreases by Rs15,500 per tola to settle at Rs199,500. Rate of gold was last released on September 12,…
‘Up to 193% gas price hike’ expected from October 1

‘Up to 193% gas price hike’ expected from October 1

The government is gearing up to announce up to a 193% hike in the price of gas, effective from October…
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