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‘Pakistan’s fourth annual report on budget transparency released’
Karachi: Giving legal protection to citizens' participation in the budgeting process has become inevitable. There is also a need to increase the role of the members of the assemblies during budgeting and its implementation. These recommendations were...
JS Bank, UKS join forces to champion gender equality and women’s empowerment
Karachi: Reiterating its commitment to social responsibility, JS Bank, one of the fastest-growing banks in Pakistan, has partnered with the UKS Research Centre to raise awareness of Gender Equality and Women Empowerment. The MoU was signed between At...
SBP holds steady: Maintains key policy rate at 22pc
KARACHI: In line with expectations, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) kept the key policy rate unchanged at 22%. “At its meeting today, the Monetary Policy Committee (MPC) decided to maintain the policy r...
SBP approves HBL’s Zarai services to bolster agri sector
KARACHI: The State Bank of Pakistan (SBP) has granted its approval to Habib Bank Limited (HBL) for the incorporation of 'HBL Zarai Services Limited' - which aims to promote Pakistan's agriculture sector - as a wholly-owned subsidiary of the bank. T...
PM credits govt's economic reforms for boosting investors confidence
KARACHI: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Friday said that the investors had regained confidence after the successful signing of a standby agreement with the International Monetary Fund (IMF), the execution of the annual budget 2023-24...
KSE-100 index hits 61,000 mark
The KSE-100 Index surged to a fresh high of 61,555.83 in early Wednesday trading, marking another record-breaking milestone following the recent breakthrough of the 60,000 mark. This surge was propelled by improved macroeconomic indicators, potentia...
FPCCI supports transparency, security, monitoring in global trade
Karachi: Members of FPCCI said that it is important to establish transparency, security and monitoring mechanisms in global trade. It creates confidence among trading nations and, ultimately enhances bilateral, regional and multilateral trade. Addres...
Inter-bank: Rupee sustains stability in value against dollar
Karachi: Rupee maintained its upward trajectory against dollar for third consecutive session, as it appreciated 0.19 percent in inter-bank market. As per State Bank of Pakistan, domestic unit settled at 285.97, an increase of 0.53 paisa. During day,...
PSX closes flat in dreary trading session
Karachi: 100-index of Pakistan Stock Exchange (PSX) closed flat by gaining 14.80 points, slight positive change of 0.03 percent, closing at 57,077.96 points against 57,063.16 points previous trading day. Total of 718,285,234 shares valuing Rs 16.686...
Pakistan pursues LNG cargo for January
Pakistan LNG Limited (PLL), a government subsidiary that procures liquefied natural gas (LNG) from the international market, has issued a tender seeking LNG cargo for winter. PLL, in the tender advertised has sought delivery of a LNG cargo for Januar...
