Business
ADB to provide $300m to Pakistan for 300MW hydropower plant near Balakot
March 30, 2021
ADB to provide $300m to Pakistan for 300MW hydropower plant near Balakot
The Asian Development Bank announced on Tuesday that it will be extending Pakistan a $300 million loan to finance the…
Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy
March 30, 2021
Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy
Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and attention switched…
NAB clearance delaying agreed payments to IPPs: sources
March 30, 2021
NAB clearance delaying agreed payments to IPPs: sources
The federal government has rejected an impression of default with IPPs over agreed payments to them as sources claimed that…
Govt to start transferring salaries, pensions via SBP’s RAAST system
March 29, 2021
Govt to start transferring salaries, pensions via SBP’s RAAST system
To ease the payment process for government employees and pensioners, the State Bank of Pakistan (SBP) and Controller General of…
SBP, Meezan Bank explain house loan subsidy scheme
March 29, 2021
SBP, Meezan Bank explain house loan subsidy scheme
You can now borrow up to Rs10 million to finance a house of 125 to 250 square yards (5 to…
Rupee continues to strengthen against US dollar
March 29, 2021
Rupee continues to strengthen against US dollar
The Pakistani rupee strengthened by 55 paisas against the United States (US) dollar at the start of week’s trading in…
Essential items see sharp rise in prices ahead of Ramadan
March 28, 2021
Essential items see sharp rise in prices ahead of Ramadan
Essential commodities have witnessed a sharp increase in prices ahead of Ramadan causing hardships to people looking to stock up…
Weekly currency update: Pakistani rupee to hold steady
March 28, 2021
Weekly currency update: Pakistani rupee to hold steady
In the hope of financial assistance commitments made from multilateral institutions to help boost the country’s foreign exchange reserves, experts…
Iran and China sign 25-year cooperation agreement
March 28, 2021
Iran and China sign 25-year cooperation agreement
Iran and China have signed a long-gestating 25-year cooperation accord as both countries remain under Unites States sanctions. The agreement…
Pakistan strikes $1.3 billion development deal with World Bank
March 26, 2021
Pakistan strikes $1.3 billion development deal with World Bank
Pakistan has reached an agreement with World Bank to work on seven projects worth $1.3 billion aimed at improving social…