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Wednesday, June 18, 2025

Toyota IMC announces temporary shutdown!

Indus Motor Company Limited decided to temporarily shutdown its production plant from August 1, 2022 to August 13, 2022.

Another ‘negative’ for the country, after Moody’s and Fitch Ratings

S&P Global changed the country’s long-term ratings from stable to negative due to deteriorating external position.

Selling SOE’s shares on G2G basis to bridge financing gap

Government is amending laws to facilitate the sale of shares listed SOE's shares with a buyback option to friendly countries on a G2G basis.

Pakistan to get a $1.2 billion IMF bailout: Moody’s and Fitch

Fitch Ratings both anticipate Pakistan to get a $1.2 billion bailout from the International Monetary Fund (IMF).

Is Jazz going to take some tough decisions?

Jazz CEO Aamir Ibrahim expressed his concern about the country's economic prospects and its impact on Jazz's operations in an internal memo.

Another panic attack to the export industry!

ECC hiked the price of imported and domestic gas for the export industry by more than 38 percent and 82 percent, respectively.

Pakistan’s rice exports witnessed a 23 percent growth

Rice exports witnessed a 23% growth and crossed the $2.5 billion mark during the 2021-22 fiscal year for the first time in country’s history.

List of six candidates proposed for the position of Governor SBP

PM Shahbaz Sharif formed a ministerial committee to propose names to the federal cabinet for Governor SBP for a five-year term.

Exporting transport services brought $737million in the country

Pakistan earned $737.720 million by providing transport services in various countries during the eleven months of fiscal year (2021-22).

Rupee hits a new low at 232 against the greenback: Intra-day update

During intra-day trading, the rupee was quoted at 232, down about 1.6 percent against the greenback at 1:50pm.

Export-oriented sectors ready to step out of energy crisis

Government agreed to provide electricity to five export-oriented sectors across the country for one year at 9 cents per kWh and $9 per MMBTU.

Tax gap reaches Rs.3000 billion: FBR

There was a tax gap of Rs3,000 billion out of which Rs1,800 billion was a policy gap, due to tax exemptions/incentives given to some sectors.