Financially Challenged PIA Receives Rs. 8 Billion To Settle Debts
October 27, 2023
9:52 pm
The ECC meeting, led by Caretaker Federal Minister for Finance Dr. Shamshad Akhtar, was held today.
The ECC meeting, led by Caretaker Federal Minister for Finance Dr. Shamshad Akhtar, was held today.
Askari Bank Limited (PSX: AKBL) plans to create an Exchange Company with an authorized capital of Rs. 1 billion, according to a statement the bank provided to the Pakistan Stock Exchange on Friday.
Thanks to the recent strengthening of the Pakistani rupee against the US dollar, major car manufacturers have opted to transfer the benefits to their customers.
The Pakistani rupee saw a continued decline against the US Dollar today, opening at 278 in the interbank market.
In a circular, Honda Pakistan has disclosed updated ex-factory prices for its entire vehicle lineup, featuring reductions of up to Rs300,000.
To enhance anti-money laundering and counter-terrorist financing measures, the State Bank of Pakistan (SBP) has issued directives to banks and microfinance banks (MFBs) providing branchless banking (BB) services
At the behest of the Fruit and Vegetables Exporter Association, the federal government has granted permission for the export of Kinnow, commencing on November 15, 2023.
On November 2, 2023, a team from the International Monetary Fund (IMF) will visit Pakistan to conduct an economic evaluation of the $3 billion stand-by arrangement (SBA).
In the midst of the ongoing turmoil in the Middle East, there has been a notable increase in global oil prices, leading to the possibility of a corresponding rise in petrol and diesel costs in Pakistan.
Indus Motor Company (IMC), the company responsible for assembling Toyota vehicles in Pakistan, has made the welcome decision to extend the advantage of the Pakistani Rupee’s increased value against the US dollar to its customers.
As a response to the persistent challenges confronting Pakistan’s automotive industry, the Pak Suzuki Motor Company (PSMC) has officially declared the prolongation of its plant closure due to a critical shortage of inventory.
In the Pakistani interbank market, the rupee experienced a slight 0.11% decline against the US dollar on Monday.
