Streamlining coal import and transit trade: Pakistani delegation visits Kabul

Pakistani delegation visits Kabul to negotiate on trade, transit, transportation problems and night-time operations of border facilities..

$1.17 billion to be disbursed within three to six weeks: IMF

According to the IMF, its deal with Pakistan would result in a "straightaway" disbursement of $1.17 billion to the country.

Car sales breaking records, jumped by 55pc in FY22

Auto sales jumped by 55% in the year 2021-22, but growth is expected to slowdown as financing costs rise and there is a lack of parts.

IT companies encouraged to engage in CPEC projects

Encouraging local IT companies to engage in the China-Pakistan Economic Corridor (CPEC) is highly significant

Pakistan is at risk of default: Bloomberg

According to Bloomberg’s ranking of countries with the highest default risk in 2022, Pakistan is at fourth position.

Reduction in petroleum prices: public relief or a tactic?

Following the reduction in oil prices in international market, fuel consumers might have a relief of Rs41 per liter in the price of diesel and Rs17.21 per liter in petrol.

Morinaga offers to acquire stake in ICI Pakistan’s subsidiary

Morinaga offers to acquire 33.3% of the issued and paid-up share capital of NutriCo Morinaga (Pvt) Limited (NMPL)

Traders’ concerns about the Finance Act 2022

Traders requested changes to the Finance Act in a post-budget session to review "deemed rental income" on immovable properties.

Pakistan’s stance on the Russia-Ukraine conflict and its GSP+ case

The EU has assured Pakistan that its stance on the Russia-Ukraine conflict will have no bearing on the inclusion of Islamabad in the GSP+ 

Formalization of crypto trading in Pakistan

Rain Financial is urging local officials to establish a legislative framework for the formalization of crypto trading in Pakistan.

Petroleum prices likely to be reduced!

It is likely that the prices of petroleum products are going to be reduced because of significant drop in prices in international market

SBP’s measure to cool down the heated economy

SBP raised the policy rate by 125 basis points (bps) to 15 percent for cooling down the heated economy, hold inflation and strengthening PKR.