Tag: Economy


  • Pakistan to Be part of Ranks of Local weather-Acutely aware Nations with Launch of Inaugural Inexperienced Sukuk, Says Advisor

    April 23, 2025 (MLN): In a landmark transfer in direction of sustainable growth, Pakistan has formally launched its inaugural Inexperienced Sukuk, signaling its dedication to climate-conscious financing. The ceremony, held on the Pakistan Inventory Trade (PSX), was graced by key figures from the monetary and regulatory sectors. Talking on the occasion, Advisor to the Finance Minister,…

  • OICCI flags cargo delays, monetary hit from Sindh blockade

    April 23, 2025 (MLN): The continued six-day blockade of the Nationwide Freeway in Sindh has severely disrupted commerce and industrial exercise, paralyzing provide chains and sending shockwaves by means of the nationwide economic system, in accordance with Abroad Traders Chamber of Commerce & Business. Companies are reeling from crippling monetary losses as shipments stay stranded and a…

  • Gold worth in Pakistan falls Rs11,700 per tola

    April 23, 2025 (MLN): Gold worth in Pakistan decreased on Wednesday, with pure gold being offered at Rs352,000 per tola, down Rs11,700. Equally, pure gold per 10-gram was offered at Rs301,783 after a decline of Rs10,031, based on charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The value of 22-karat gold was…

  • Engro Polymer to start upkeep on chosen items from April 24

    April 23, 2025 (MLN): Engro Polymer & Chemical substances Restricted (PSX: EPCL) plant will likely be present process upkeep exercise on sure items from April 24, 2025, onwards. The Firm will preserve the Trade knowledgeable relating to any updates about this matter. EPCL is a subsidiary of Engro Company Restricted, which is a subsidiary of Dawood Hercules…

  • Non-public Sector Very important for Pakistan’s Financial Future: FinMin

    April 23, 2025 (MLN): The pivotal function of the non-public sector in driving Pakistan’s financial future has been emphasised, with the federal government’s duty outlined as offering coverage frameworks and making certain continuity, in response to Finance Minister Muhammed Aurangzeb. He was addressing a landmark financial dialogue hosted by the Embassy of Pakistan in Washington DC…

  • SECP improves case decision by registry upgrades

    April 22, 2025 (MLN): The Securities and Alternate Fee of Pakistan (SECP) has enhanced its quasi-judicial operations by a revitalized and extra environment friendly Appellate Bench Registry. Recognizing the essential position of the Appellate Bench because the Fee’s closing discussion board for adjudication, Chairman Akif Saeed positioned strategic emphasis on institutional reform and judicial efficacy. This…

  • Financial institution deposit fee falls by 46bps in Mar

    April 22, 2025 (MLN): The return on financial institution deposits has decreased by 46 foundation factors to five.01% in March 2025 in comparison with the deposit fee of 5.46% final month, in response to the most recent official knowledge. On a yearly foundation, the weighted common fee paid for deposits by the banking sector has…

  • Pakistan, ASEAN forge stronger ties to drive regional technological collaboration

    April 22, 2025 (MLN): The significance of a strategic expertise partnership between Pakistan and ASEAN international locations was highlighted as a key consider driving inclusive and sustainable improvement, with Federal Minister for Planning, Improvement & Particular Initiatives, Ahsan Iqbal, calling for a brand new period of regional collaboration. Minister Iqbal addressed the ASEAN-Pakistan Know-how Expo 2025…

  • BankIslami posts almost 19% decline in quarterly revenue

    April 22, 2025 (MLN): BankIslami Pakistan Restricted (PSX: BIPL) has launched its condensed interim consolidated monetary outcomes for the interval ended March 31, 2025, reporting a revenue after taxation of Rs2.61 billion, reflecting an 18.72% decline from Rs3.21bn recorded in the identical interval final 12 months. The financial institution’s earnings per share dropped to Rs2.3575 from Rs2.9004.…

  • Pakistan to safe 0m halal meat export take care of Malaysia over 5 years

    April 22, 2025 (MLN): Pakistan is on monitor to safe a $200 million halal meat export take care of Malaysia over the subsequent 5 years, marking a major increase for the nation’s agricultural and commerce sectors. The event follows ongoing bilateral talks aimed toward strengthening financial cooperation between the 2 nations. The potential settlement was a…