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Digital Payments Surge to 84% of Retail Transactions in Pakistan
Karachi October 4 2024: Share of digital payments in total retail payments in Pakistan by volume has risen to 84%...
Pakistan Extends Last Date For Encashment of Prize Bonds to December End
Karachi October 4 2024: The Government of Pakistan extended the last date for encashment, conversion or replacement of withdrawn prize...
Oil Gains 4% As Middle East Tension Intensifies
Houston October 3 2024: Oil prices strengthened on Thursday on investor concern that a widening Middle East conflict could pose...
Pakistan’s Central Bank Reserves Rise by $1.2 Billion on IMF Inflows
Karachi October 3 2024: Pakistan’s Central Bank reserves saw an increase of US$ 1,168 million, reaching a total of US$...
Pakistan’s Local Cement Sales Drop 18% in September, Hitting 2017 Lows
Lahore October 3 2024: Pakistan local cement despatches declined 18% in September 2024 to 2017 levels consequent to increased cement...
Pakistan’s Largest Bank Raises Minimum Pay and Significantly Boosts Employee Benefits
Karachi October 3 2024: Habib Bank Limited, the largest bank of Pakistan, has revised minimum wage rate to PKR 43,000...
Ethiopia Asks Already Defiant Bondholders to Take an 18% Haircut
Addis Ababa October 3 2024: Ethiopia proposed that holders of its $1 billion bond take an 18% loss in a...
Rice Prices Plunges the Most in 16 Years After India Eases Export Curbs
London October 3 2024: Rice prices tumbled the most in more than 16 years in Asia as concerns over supply...
Ferozons Signs Agreement With Gilead Sciences To Manufacture And Exports HIV Vaccine
Karachi October 3 2024: Ferozsons Laboratories Limited (Ferozsons) has entered into a non-exclusive voluntary license agreement with Gilead Sciences Ireland...
Saudi Arabia Recorded 7.5% Decline in Foreign Direct Investment in 2Q
Riyadh October 2 2024: The net inflow of foreign direct investment (FDI) in the Kingdom amounted to 11.7 billion SAR...
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Petrol Prices in Pakistan to Return to July 2023 Levels
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Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation
