Pakistan Plans $2.25 Billion Lithium-Ion Battery Plant
Pakistan is preparing to launch a $2.25 billion lithium-ion battery manufacturing project in Rawalpindi, with a factory owned by the military-run Margalla Heavy Industries…
Tag: Business
Pakistan Seeks US Funding for Refinery Upgrade Projects
As Islamabad seeks to expand energy ties with Washington and strengthen its ability to meet domestic fuel demand, pakistan is looking to attract US…
Pakistan to Maintain Wheat Reserves of Up to 6 Million Tonnes
Notably, the federal administration will maintain strategic wheat reserves of up to 6 million tonnes to ensure uninterrupted supplies and prevent shortages throughout Pakistan,…
Govt to Review Drug Pricing Formula for Fairer Prices
Meanwhile, the administration has ordered a review of the existing drug pricing formula to ensure medicines remain fairly priced, warning that increases without valid…
SECP Updates Approved Auditor Criteria for Financial Institutions
For context, the Securities and Exchange Commission of Pakistan (SECP) has revised the eligibility criteria for audit firms appointed by financial institutions and other…
Pakistan Borrows $750 Million Loan for Pension and PPP Reforms
In practice, the administration has approved borrowing $750 million, equivalent to Rs.
Another Fuel Price Bomb Hits Nation
Notably, the federal administration has decided to rise the rates of motor spirit (MS) petrol and high-speed diesel (HSD) for the next 24 hours,…
SBP Governor Makes Big Prediction About Forex Reserves
For context, the State Bank of Pakistan (SBP) expects its foreign exchange reserves to grow by $3.5 billion by June 2027, taking them to…
BOP Powers Ahead with Strong Nine-Month 2026 Operating Performance, Strengthened Capital Base…
For context, a session of the Board of Directors of The Bank of Punjab (BOP) was held on October 26, 2026, wherein the Bank's…
Pakistan Pays $16 Billion Interest on Loans
Pakistan has paid around $16 billion in interest on its foreign loans over the past four years, an average of regarding $4 billion a…