Sugar sector sees 78% surge in profits in FY23
Sugar millers have reported a record-breaking 78% increase in profits during the financial year 2022-23. The sugar sector, listed on...
$3b export orders expected at Heimtextil fair
The ongoing Heimtextil 2024 exhibition has placed Pakistani home textile products at the forefront of global interest as international buyers...
Govt set to pay $27.5b debt by Nov
The central bank has reported that Pakistan has to pay $27.47 billion in foreign debt and interest cost over one...
IMF board okays $700m loan tranche
The Executive Board of the International Monetary Fund (IMF) on Thursday approved the first review of the bailout package for...
Pakistan’s growth to hit 2.4% in FY25: WB
The World Bank (WB) has said Pakistan’s economic outlook from July 2023 to June 2024 would remain bleak and projected...
PayPal payments for freelancers from Feb
Caretaker Federal Minister for IT and Telecommunication Dr. Umar Saif on Thursday said that under the pilot project, 10,000 freelancers...
Macroeconomic conditions ‘have generally improved, but outlook remains challenging’, says IMF
12 January 2024 Published in: Business Recorder The International Monetary Fund (IMF) has said that macroeconomic conditions in Pakistan have...
SIFC takes steps to save Rs149b
Shahbaz Rana 12 January 2024 Published in: The Express Tribune The Special Investment Facilitation Council has approved a proposal to...
Remittances record inflow of $2.4b in Dec
Workers’ remittances have started increasing after stability in Pakistani currency and crackdown on exchange companies, as remittances recorded an inflow...
