Tag: Economy


  • PKR drops 8 paisa per USD

    Could 26, 2025 (MLN): The Pakistani rupee (PKR) deteriorated by 8.40 paisa or 0.03% towards the US greenback in Monday's interbank session to settle the commerce at PKR 282.06 per USD, in comparison with the earlier closing of 281.97. All through the day, the foreign money noticed an intraday excessive (bid) of 282.05 and a…

  • Federal price range FY26 to supply tax reduction for salaried class

    Might 26, 2025 (MLN): The forthcoming federal price range, scheduled for June 10, will embrace tax concessions geared toward lowering the monetary pressure on salaried people, mentioned Finance Minister Muhammad Aurangzeb. He added that the federal government is actively working to ease the tax burden on salaried individuals, noting that their revenue is taxed as quickly…

  • PSX lists Nets Worldwide on GEM Board

    Might 26, 2025 (MLN): Pakistan Inventory Change Restricted has declared the itemizing of Nets Worldwide Communication Restricted on the Progress Enterprise Market (GEM) Board, efficient right now. Buying and selling within the firm's shares has commenced on the GEM Board and shall be settled on a T+2 foundation, with the primary settlement date set for Thursday,…

  • PACRA maintains entity rankings of Attock Refinery Ltd

    Might 26, 2025 (MLN): Pakistan Credit score Score Company Restricted (PACRA) has up to date the entry score of Attock Refinery Restricted (PSX: ATRL) to “AA” for long-term and “Al+” for brief time period with a secure outlook forecast, newest press launch issued by PACRA confirmed. The assigned rankings mirror ARL’s sturdy threat absorption capability, underpinned…

  • World Financial institution urges coverage continuity in Pakistan to spice up funding

    Might 25, 2025 (MLN): There’s a want for continuity in implementation to maintain financial stability and to elicit a stronger funding and development response by the non-public sector in Pakistan. This was confused by the World Financial institution Managing Director for Operations, Anna Bjerde throughout a two-day go to to Pakistan the place coordination for financial…

  • CCP warns companies of Rs75m or 10% turnover penalties for prohibited agreements

    Could 25, 2025 (MLN): The Competitors Fee of Pakistan (CCP) has issued a cautionary discover to undertakings that enter into prohibited agreements with out in search of prior exemption, warning of economic penalties as much as Rs75 million or 10% of annual turnover. The CCP has noticed that sure agreements between undertakings and their wholesalers, sellers,…

  • Key Pakistan Market Stats and Financial Indicators

    Market Knowledge and Financial Indicators Weekly Efficiency   Could 23, 2025 Could 16, 2025 PKR InterBank 281.9728 281.6646 KSE100 Index 119,102.67 119,649.14 Avg Each day Quantity 491,750,948 659,497,619 Gold (Karachi) Rs/10 gm 300,925 288,151 KIBOR 6M 11.39 11.41 10Y PIB 12.37 12.39 EUR 1.1365 1.1164 GBP 1.3538 1.3275 CHF 0.8214 0.8379 JPY 142.57 145.63 CNY…

  • Govt allocates 2,000 MW in first part for Bitcoin mining, AI information facilities 

    Could 25, 2025 (MLN): In a groundbreaking transfer to rework Pakistan into a worldwide chief in digital innovation, the Authorities of Pakistan has introduced the allocation of two,000 megawatts (MW) of electrical energy within the first part of a nationwide initiative to energy Bitcoin mining and Synthetic Intelligence (AI) information facilities. This formidable initiative is spearheaded…

  • ENGRO secures approvals for partnership with Jazz, VEON

    Could 23, 2025 (MLN): Engro Company Restricted (PSX: ENGRO) has secured all approvals for its strategic partnership with Pakistan Cell Communications Restricted (Jazz) and its dad or mum firm, VEON Group. By means of a Scheme of Association, Jazz’s shareholding in Deodar (Personal) Restricted, which homes its telecom infrastructure property, will vest with Engro Join (Personal)…

  • PM reaffirms dedication to export-led development

    Could 23, 2025 (MLN): Pakistan reaffirmed its dedication to regaining its standing as a number one exporting nation by way of financial reforms aimed toward reorienting the system towards export-led development, the Prime Minister acknowledged throughout a gathering with British economist Professor Dr. Stefan Dercon. He emphasised that a superb stability in all insurance policies is…