Pakistan and US getting closer to a trade deal, say finance officials
Pakistan’s Finance Minister Muhammad Aurangzeb and US Commerce Secretary Howard Lutnick met virtually on June 24 to push forward trade talks — and it looks like…
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Business
Updates on Pakistan’s economy, trade, markets, finance, entrepreneurship, and global business trends
Gold gets cheaper again as prices continue to slide nationwide
Good news for buyers — gold prices in Pakistan have dropped for the second straight day, making jewellery a bit more affordable for now.
According to the All…
Three new committees set up to help Pakistan go cashless
In a big push to make everyday payments smoother and reduce reliance on cash, Prime Minister Shehbaz Sharif has approved the creation of three special…
Rupee slips again but shows signs of steadier footing
The Pakistani rupee lost a bit more value against the dollar on Monday, continuing its slow slide but not causing panic this time. By the day’s end, the local…
Investors breathe easy as PSX skyrockets after hopes of Iran-Israel truce
KARACHI: There was a big sigh of relief on Tuesday at the Pakistan Stock Exchange, as traders pushed the index nearly 5,800 points higher after word spread that…
Pakistan Stock Market Soars as Tensions Ease with India
In a dramatic turnaround, the Pakistan Stock Exchange (PSX) saw a record-breaking rally on Monday as signs emerged of cooling tensions between Pakistan and…
Pakistan’s Inflation Drops to 60-Year Low, Raising Pressure on Central Bank
ISLAMABAD: In a surprising turn, Pakistan’s inflation dropped to just 0.3% in April—its lowest level since 1965—defying both government and independent…
World Bank Group Expands Private Sector Investment Lab to Accelerate Job Creation in Developing…
WASHINGTON / ISLAMABAD — In a strategic move to catalyze job creation and economic transformation across developing nations, the World Bank Group today…
IMF Forecast Signals Urgent Need for Economic Diversification in Pakistan Amid Global Trade Tensions
Islamabad: The International Monetary Fund’s (IMF) recent downgrade of Pakistan’s economic growth forecast to 2.6% for the current fiscal year has raised alarms…
Faysal Bank Reaffirms Commitment to Advancing Education and Community Development at Habib…
Karachi: Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, reinforced its commitment to social responsibility and nation-building through a…