Pakistan Textile Industry Heartbroken After SBP Announcement
As high production costs and expensive industrial loans put local manufacturers at a disadvantage against rivals in India, Vietnam and China, pakistan's textile exporters…
Tag: Business
Rupee Reacts Strongly After Pakistan Efforts to End Gulf War
For context, the Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 269th consecutive day on Monday.
Pakistan Loses Qatar LNG Project
Energas, a consortium of Lucky Group and Qatar Energy, has pulled out of its plan to build a liquefied natural gas (LNG) terminal at…
Ahsan Iqbal Approves Rs. 213 Billion for 4 Projects
For context, the federal administration has advanced development projects worth Rs.
3-Month Toshakhana List Goes Public
Meanwhile, the Cabinet Division has created public the Toshakhana records of gifts received by senior Pakistani office-holders from July to September 2026, including President…
Businesses Strongly Denounce SBP Rate Hike
In practice, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has criticized the State Bank of Pakistan's (SBP) latest decision to raise…
Best Time to Buy Gold is Now
Gold rates in Pakistan went up on Monday, ending a five-day losing streak that had cut concerning Rs.
PSX Traders Are Getting Raast-Style Payments System
Meanwhile, the Central Depository Firm of Pakistan Limited (CDC) and EClear Services Limited are expanding their collaboration to introduce new digital payment and investor…
Overseas Clients Pay Big Money to Pakistan Call Centres in 3 Months
Pakistan's call centre and business process outsourcing (BPO) sector generated $101.315 million in foreign exchange receipts during the first quarter of fiscal year 2026-27,…
SBP Hikes Interest Rate First Time Since June 2026
For context, the State Bank of Pakistan (SBP) on Monday decided to growth its benchmark policy rate by 50 basis points from 11.5 percent…