Business

Singapore July 22 2022: Worries over a global slowdown are casting a shadow over Asia's recovery prospects with factory activity...

President summons National Assembly session on July 27

Islamabad July 21 2022: President Dr Arif Alvi has summoned the session of the National Assembly on July 27, the...

Deal to resume to Ukraine Black Sea grain exports to be signed Friday – Turkey

Istanbul July 22 2022: Ukraine, Russia, Turkey and U.N. Secretary-General Antonio Guterres will sign a deal on Friday to resume...

Pakistan Received Foreign Direct Investment Of Nearly $1.9 Billion In Fiscal Year 2022

Karachi July 22 2022: Pakistan attracted foreign direct investment (FDI) of USD 271 mn during the month of June 2022...

Pakistan Consumer Financing Post First Decline in 26 Months amid 800 Basis Points Increase in Interest Rate

Pakistan Foreign Exchange Reserves Decline USD 369 million In a Week

Karachi July 21 2022: Foreign exchange reserves held by the State Bank of Pakistan were decreased by USD 389 million...

Facebook Changes Users’ Feeds to Look More Like TikTok

New York July 21 2022: Facebook parent Meta Platforms Inc. is changing the way it shows users posts and videos...

South Africa Surprises With Its Biggest Rate Hike in Two Decades

Cape town July 21 2022: South Africa’s central bank surprised financial markets by delivering its biggest increase in borrowing costs...

Indonesia’s Central Bank Sells Bonds To Absorb Excess Liquidity

Indonesia Plans Wholesale Digital Currency to Improve Transfers

Jakarta July 21 2022: Indonesia’s central bank is on track to issue its own digital currency for banks to use,...

IMF’s Sri Lanka, Pakistan Talks in Focus as $66 Billion at Risk: Bloomberg

GoP Removed Peak Hours Electricity Rate Exemption For Industries Under IMF Program

Karachi July 21 2022: Government of Pakistan removed exemption of Peak rates for industrial customers as per Finance Act 2022....

Government Raised PKR 172.7 billion In PIB Auction, Yields down for 3 and 5 year bonds: SBP

Pakistan International Bond Yields Cool Down Nearly 800 Basis Points As FM Shares Detail of Funding Gap