Four years after elevating it to an Emerging Market, investment advice body returns Pakistan Stock Exchange to a Frontier Market
Business
Daraz Pakistan’s new CCO debuts her first mega sale for the e-commerce giant
According to the State Bank of Pakistan, overseas Pakistanis remitted $2.436 billion in December 2020 compared to $2.097bn in December 2019
Monetary Policy Committee claims strengthening of economic recovery, especially in large scale manufacturing and current account surplus
Directive specifically targets Zee5, a platform that has gained in popularity after broadcasting Pakistani serial ‘Churails’
Facing the fluctuations of the world economy during the COVID-19 pandemic, Chairman of the Board of Directors of SAPA Thale Group, billionaire Mai Vu Minh, shares investment strategies for today’s constantly changing world
British High Commission says flights will start from Oct. 14 and will be operational four days a week
Industries minister Hammad Azhar says South Korean firm has appreciated government’s policies to encourage local production
Central bank says overseas Pakistanis sent $23.12 billion home in fiscal year 2019-20
Byco, Askar and BE Energy fined Rs. 5 million each for creating ‘artificial fuel shortage’
Benchmark rate slashed fourth time in four months to help economy recover from impact of COVID-19
Central bank says inflation rates were higher in Argentina, Iran, Nigeria and Turkey
Benchmark rate slashed third time in three months to help economy recover from impact of COVID-19
Under non-exclusive licensing agreement, Ferozsons will be allowed to set its own prices for generic version of drug
Central bank to finance up to 100% of salaries of businesses with average 3-month wage bill up to Rs. 500 million
Federal government allocates Rs. 30 billion for banks, spread over 4 years, to share any burden of losses due to bad loans
Petrol to now cost Rs. 81.58/liter; high-speed diesel Rs. 80.10/liter; light-diesel Rs. 47.51/liter; and kerosene oil Rs. 47.44/liter
Following the transaction, EMPG becomes a ‘unicorn,’ valued at $1 billion
Prior to COVID-19 pandemic, the FBR had aimed to collect Rs. 5,238 billion in revenue
Parent company of Pakistan property portal Zameen.com expands operations with acquisition of Kaidee