Business

Pakistan’s business confidence has increased, according to the OICCI poll.

Pakistan’s business confidence has increased, according to the OICCI poll.

Business confidence has improved by 9% (pc), according to the study, but the overall indicator is still negative at -5…
The Privatization Commission Act is being amended by the federal government.

The Privatization Commission Act is being amended by the federal government.

The bill has reportedly been sent to the appropriate standing committee for examination. The transfer of important commission-related authority from…
ADB authorizes a $200 million loan for Pakistan to upgrade its power distribution system.

ADB authorizes a $200 million loan for Pakistan to upgrade its power distribution system.

A $200 million loan from the Asian Development Bank (ADB) has been authorized to update Pakistan’s power distribution system. The…
The US currency dominates the interbank market for the Pakistani rupee.

The US currency dominates the interbank market for the Pakistani rupee.

On the interbank exchange, the dollar is currently trading at Rs278.15, indicating a minor increase in value. The average exchange…
Delays affect more than $4 billion in foreign-funded energy projects.

Delays affect more than $4 billion in foreign-funded energy projects.

Problems with contracts, equipment purchases, and land acquisition are causing delays in a number of energy projects financed by foreign…
New regulations about importing items from overseas are issued by the FBR.

New regulations about importing items from overseas are issued by the FBR.

The Federal Board of Revenue (FBR) has outright prohibited the commercial importation of items under the guise of gifts or…
PSX 100-index reaches an unprecedented peak, exceeding 111,000 points.

PSX 100-index reaches an unprecedented peak, exceeding 111,000 points.

The Pakistan Stock Exchange (PSX) reached the significant milestone of 111,000 points shortly after today’s market opening. The KSE-100 Index…
Remittances from Pakistan increase by 33.6% to $14.8 billion.

Remittances from Pakistan increase by 33.6% to $14.8 billion.

According to new data issued by the State Bank of Pakistan (SBP) on Monday, the remittances made by employees climbed…
The PM congratulates the country on the record-breaking rise in remittances.

The PM congratulates the country on the record-breaking rise in remittances.

Shehbaz Sharif, the prime minister, said the 29% rise in foreign remittances in November 2024 compared to the same period…
When the benchmark hits 109,881 points, the PSX-100 index sets a new record.

When the benchmark hits 109,881 points, the PSX-100 index sets a new record.

During the first hour of trading today, the Pakistan Stock Exchange (PSX) made a stunning comeback, moving from negative to…
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