Category: News

PSX records its strongest weekly gain in five years.

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a robust rebound, marking its highest week-on-week (WoW) gain in five years, driven by the announcement of a ceasefire

New Tariff Policy: Customs Duties Limited to a Maximum of 15%

New tariff policy: customs duties capped at 15pc ISLAMABAD: In a decisive step to boost Pakistan’s faltering economy, Prime Minister Shehbaz Sharif on Friday introduced a comprehensive new tariff policy, capping customs duties at 15% and outlining a gradual elimination of additional and regulatory duties over the next four to

Initial review: $1.3bn deal up for discussion today

Initial review: $1.3bn deal up for discussion today  Courtesy: Business Recorder, 09 May 2025  ISLAMABAD: The International Monetary Fund (IMF) Executive Board will deliberate on “Pakistan – first review under the Extended Fund Facility (EFF) program, request for modification of performance criteria, and request for an arrangement under the Resilience

PKR experiences a slight decline.

PKR experiences a slight decline. Courtesy: Business Recorder, 09 May 2025  KARACHI: For the fifth consecutive session, the Pakistani rupee saw a little decrease against the US dollar, down 0.02% on Thursday’s interbank market.  The local currency lost Re0.05 versus the US dollar at close, closing at 281.52.  Read More:  

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