Mobilink Bank and Hashoo Foundation (HF) have joined forces to promote financial inclusion for Micro, Small, and Medium Enterprises (MSMEs) through a Memorandum of Understanding (MoU).
(more…)Author: Faisal Shahnawaz
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Lexus teases all-new LBX ahead of June 5th debut in Milan
Lexus, the renowned luxury car manufacturer, has announced the highly anticipated debut of their latest creation, the all-new LBX, set to take place on June 5th, 2023. In a bid to build excitement among enthusiasts and potential buyers, Lexus has released images of the upcoming model today.
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Pakistan stocks decline by 404.12 points amid political uncertainties
In a negative start to the week, the Pakistan Stock Exchange (PSX) witnessed a downturn as the Pakistan stocks decline by 404.12 points amid political uncertainties.
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Karachi Interbank Offered Rates KIBOR – May 22, 2023
KARACHI: State Bank of Pakistan (SBP) on Monday issued the Karachi Interbank Offered Rates (KIBOR) as on May 22, 2023.
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PKR falls by 74 paisas against dollar, closes at PKR 286.56 in interbank
The Pakistani Rupee (PKR) on Monday lost 74 paisas against US Dollar in the interbank foreign exchange market. This decline is attributed to heightened demand for the dollar due to the start of the trading week.
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SBP’s weighted average customer exchange rates on May 22, 2023
KARACHI: The State Bank of Pakistan (SBP) on Monday issued foreign exchange rates for May 22, 2023. The exchange rate is on the basis of weighted average rates of commercial banks.
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Pakistan May inflation to hit new high despite petroleum price reduction
According to analysts at JS Global, Pakistan’s headline inflation based on the Consumer Price Index (CPI) is expected to reach a new peak in May 2023, despite a reduction in petroleum prices during the month.
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Pakistan records highest monthly power generation decline in April 2023
In April 2023, Pakistan experienced the highest monthly decline in power generation since July 2012. The total power generation during that month decreased by 23 percent year-over-year (YoY) to 10,010 GWh (13,903 MW), compared to 12,960 GWh (18,001 MW) in April 2022.
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Latest prices of Suzuki GR 150 in Pakistan
Following are the latest prices of Suzuki GR 150 in Pakistan. The Suzuki GR 150 is locally manufactured by Pak Suzuki. In recent years, the Suzuki GR 150 has emerged as a popular motorcycle choice among enthusiasts in Pakistan. Combining style, performance, and affordability, the GR 150 has captivated riders across the country.
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Pakistan textile exports slump by 14% amid global recession
Pakistan’s textile exports have experienced a significant slump of around 14 percent in the period of July to April 2022-2023, according to data reported by the Pakistan Bureau of Statistics (PBS).
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