Business
State Bank launches new eCIB system
December 19, 2024
State Bank launches new eCIB system
KARACHI: The State Bank of Pakistan has launched a new version of the Electronic Credit Information Bureau (eCIB) system V2…
Oil retreats on demand concerns after Fed signals slower easing ahead
December 19, 2024
Oil retreats on demand concerns after Fed signals slower easing ahead
SINGAPORE: Oil prices fell in Asian trade on Thursday after the U.S. Federal Reserve signalled it would slow the pace…
PSX registers largest single-day decline on profit-taking
December 18, 2024
PSX registers largest single-day decline on profit-taking
KARACHI: The capital market endured a rollercoaster session on Wednesday, as investor sentiment fluctuated sharply between optimism driven by recent…
Remittances to hit $35bn current fiscal year: FinMin Aurangzeb
December 18, 2024
Remittances to hit $35bn current fiscal year: FinMin Aurangzeb
ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb said on Wednesday remittances would cross 35 billion dollars in the ongoing fiscal year…
FDI in Pakistan rises to $219 mln in November 2024: SBP
December 18, 2024
FDI in Pakistan rises to $219 mln in November 2024: SBP
KARACHI: Pakistan recorded 31per cent surge in Foreign direct investment (FDI) in the first five months of the current fiscal…
Record year for coal use in 2024: IEA
December 18, 2024
Record year for coal use in 2024: IEA
PARIS: World coal use is set to reach an all-time high in 2024, the International Energy Agency said Wednesday, in…
Pakistan’s IT exports decline after 13-month increase
December 18, 2024
Pakistan’s IT exports decline after 13-month increase
KARACHI: Pakistan’s IT exports experienced a decline for the first time in over a year after 13 consecutive months of…
OGRA approves hike in gas prices, sends advice to govt for a nod
December 18, 2024
OGRA approves hike in gas prices, sends advice to govt for a nod
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday approved an increase in gas prices for the current fiscal…
Pakistan records 10-year-high current account surplus
December 18, 2024
Pakistan records 10-year-high current account surplus
KARACHI: Pakistan posted its highest current account surplus in nearly 10 years in November, buoyed by a reduction in the…
Smuggling of 39,000 liters of Iranian diesel foiled
December 18, 2024
Smuggling of 39,000 liters of Iranian diesel foiled
QUETTA: Customs Anti-Smuggling Marine Section successfully conducted operations in open waters, thwarting an attempt to smuggle 39,000 liters of Iranian…