Business

Electricity prices likely to drop in Pakistan

Electricity prices likely to drop in Pakistan

ISLAMABAD: Electricity prices are likely to drop on account of monthly fuel cost adjustment in a relief to consumers in…
Pakistan launches first bunkering operations at Karachi Port

Pakistan launches first bunkering operations at Karachi Port

ISLAMABAD: Pakistan has launched its first-ever standardised bunkering operations at the Karachi Port, aligning the country’s largest harbor with global…
‘Traders cost $200 daily as Afghan-bound goods stranded at Pakistani ports’

‘Traders cost $200 daily as Afghan-bound goods stranded at Pakistani ports’

KARACHI: Thousands of import shipments bound for landlocked Afghanistan are stranded at Pakistani seaports or border crossings, a business association…
Oil prices fall as rising US inventories reinforce oversupply concerns

Oil prices fall as rising US inventories reinforce oversupply concerns

BEIJING: Oil prices fell on Wednesday as an industry report showing crude and fuel inventories rose last week in the…
Gold prices surge again in Pakistan after days of decline

Gold prices surge again in Pakistan after days of decline

KARACHI: After several consecutive days of decline, gold prices in Pakistan surged sharply on Wednesday, marking a significant upward reversal…
US biggest recipient of Chinese loans: Study

US biggest recipient of Chinese loans: Study

HONG KONG: The United States is the biggest recipient of China’s lending activities globally, according to a study which tracked…
Pakistan delays issuance of $250 million Panda Bond

Pakistan delays issuance of $250 million Panda Bond

ISLAMABAD: The government has postponed its planned issuance of $250 million worth of Panda Bonds in December, pushing the launch…
SBP new policy restricts cash dollar transactions

SBP new policy restricts cash dollar transactions

The State Bank of Pakistan has introduced strict guidelines for cash dollar transactions, wherein banks and exchange companies shall deposit…
PSX displays mixed trend as investor interest remains tepid

PSX displays mixed trend as investor interest remains tepid

KARACHI: The Pakistan Stock Exchange (PSX) has recorded a marginal dip during early session on Tuesday due to investor lack…
Pakistan public debt falls by over $4.86b in first quarterly decline since 2019

Pakistan public debt falls by over $4.86b in first quarterly decline since 2019

ISLAMABAD: Pakistan’s public debt fell by more than Rs1,371 billion ($4.86 million) from July till Sept. this year in a…
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