Tag: Global Business


  • 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…

  • IMF says talks on Pakistan’s FY26 funds to proceed

    Could 24, 2025 (MLN): The Worldwide Financial Fund (IMF) has acknowledged that discussions on Pakistan’s fiscal 12 months 2026 (FY26) funds will proceed over the approaching days, following the conclusion of a staff-level go to to Islamabad. Led by Nathan Porter, the IMF mission wrapped up its go to, which started on Could 19, 2025, specializing…

  • NEPRA approves KE’s multi-year tariff regime 

    Could 24, 2025 (MLN): The Nationwide Electrical Energy Regulatory Authority (NEPRA) has authorised Ok-Electrical’s Multi-Yr Tariff (MYT) for Transmission and Distribution Regime for the interval from FY 2023-24 to FY 2029-30. This choice adopted in depth evaluations, public hearings, and enter from varied stakeholders. Whereas the willpower doesn’t have an effect on consumer-end tariffs, which stay below the…

  • Personal sector key to financial success: PM

    Might 23, 2025 (MLN): Pakistan reaffirmed its willpower to realize a historic financial victory following its latest success within the simply trigger, with full dedication from each the federal government and the nation, the Prime Minister acknowledged throughout a gathering with a delegation of presidents of Chambers of Commerce from throughout the nation. He mentioned that…

  • Trump threatens 50% tariff on EU imports beginning June 1

    Might 23, 2025 (MLN): U.S. President Donald Trump has threatened to impose a 50% tariff on items imported from the European Union beginning June 1, 2025, citing stalled negotiations and what he described as longstanding commerce imbalances. In a Reality Social publish on Friday, Trump asserted, “The European Union, which was shaped for the first objective…