Punjab's 3-phase electricity users excluded from Rs14 per unit relief
LESCO sources say relief of Rs14 per unit is now only applicable to those with single-phase meters
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FINANCE
Pakistan’s exports rise by 14.42% in two months
From July to August, total export volume exceeded $5 billion with food products playing a key role in the rise
White Oil Pipeline Project advances with SIFC support
477-kilometer pipeline to enhance Pakistan's energy infrastructure
Pakistan's food import bill drops by 18% as consumption declines
Total food import bill falls to $1.06 billion with most significant decline seen in import of milk
Chinese firms to invest in Pakistan's textile industry with SIFC support
Two-day expo attracts international companies, showcasing potential for sector growth
IMF to discuss Pakistan’s $7 billion loan request on Sept 25
New IMF loan program is designed to span 37 months
Sindh introduces biometric verification for vehicle registration
Both buyer, seller will need to undergo biometric authentication to complete transfer of ownership
Gold prices witness record increase, reach all-time high
Silver prices remain stable at Rs2,950
Pakistan and Turkmenistan to sign agreement on Gwadar port access
CPEC continues to boost Pakistan's economy, expands regional connectivity
Pakistan's economic indicators show positive trends amid political challenges
Interest rate cut, increased remittances, and expected fuel price reduction signal economic improvement
Gold prices in Pakistan reach new highs
Silver prices remain stable at Rs2,950
Saudi Arabia offers 15% investment in Reko Diq project
Proposal includes infrastructure grant, awaits cabinet committee approval
China new home prices fall at fastest pace in over 9 years
Property market continues to grapple with indebted developers, incomplete apartments, falling buyer confidence
Weekly inflation rises by 0.01%, annual rate reaches 14.36%
Among most significant increases was chicken, which became more expensive by Rs16 per kg
Govt slashes returns on national savings schemes
Regular Income Certificate experiences 12 basis points drop in the rate of return
Gold prices hit record highs in Pakistan
Surge in local gold prices aligns with a sharp rise in global markets
China approves plan to raise retirement age from January 2025
China's retirement ages are currently amongst the lowest globally
Pakistani rupee strengthens against dollar amid IMF deal prospects
US dollar dropped by 25 paisas, moving from Rs278.44 to Rs278.20
Strong bullish trend in PSX: KSE-100 crosses 80,000 points
Trend largely attributed to anticipated finalization of IMF deal fuelling optimism in market
Pakistan's exports show major growth in July 2024
SIFC facilitation boosts global market confidence in Pakistani products
Pakistan's economy shows signs of improvement amid recent developments
State Bank reduces interest rate as foreign exchange reserves increase
Green Tourism Pakistan achieves milestones with SIFC support
New initiatives aim to boost tourism sector and foreign investment
Dollar droops, gold at record high as bets for big Fed cut ramp up
Gold extends Thursday's 1.9% climb to reach fresh record high of $2,567.93, buoyed by dollar's weakness
Pakistan's dollar reserves increase by $57 million
Boost in foreign exchange reserves comes as a positive sign for the country's economy
IMF set to approve loan program for Pakistan on Sept 25
SBP governor expresses optimism regarding approval of loan program
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