Market conditions steady after issuance of fact sheet by Dar
Both the local and international bond market appear to have already absorbed into their estimation the worsening of Pakistan's macroeconomic indicators as there was no major movement in the market following Finance Minister Ishaq Dar's issuance of fact sheet on country's current economic situation more... (BR)

March inflation highest in 13 years
High food and oil prices and house rent pushed consumer price index (CPI) inflation to 14.12 percent year-on-year in March, the highest in 13 years more... (BR)

SBP issues regulations for CFS financing
The CFS financing shall be provided by Banks/DFIs only against Continuous Funding System (CFS) approved securities through National Clearing Company of Pakistan Limited (NCCPL) only more... (BR)

Pakistan's foreign exchange reserves stand at $13,133.5 million
The total liquid foreign reserves on April 5, stood at 13,133.5 million dollars. According to State Bank of Pakistan, foreign reserves more... (D)

Govt and opposition blame ‘conspiracy’ for violence
Both the government and the opposition on Thursday blamed an unexplained conspiracy for the latest political violence in Karachi and Lahore with Prime Minister Yusuf Raza Gilani vowing more... (D)

Iraq pullout will strengthen Al Qaeda in Pakistan: Bush
US President George W. Bush, while defending his decision to halt withdrawal of troops from Iraq after July, said on Thursday that the US disengagement from the Arab country would strengthen Al Qaeda in Pakistan more... (D)

PPP, MQM in bid to end deadlock
A deadlock between the Pakistan People’s Party and the Muttahida Qaumi Movement ended on Thursday after the resumption of talks aimed at striking a power-sharing deal more... (D)

PIA told to prepare three alternative business plans
The finance ministry has directed the cash-strapped national flag carrier, the Pakistan International Airlines (PIA), to prepare three alternative business plans to pull it out of the present financial constraints more... (BR)

SBP rules for CFS Mk-II
The State Bank of Pakistan on Wednesday issued regulations for Continuous Funding System (CFS) Mk-II financing to ensure prudent lending by banks and development finance institutions (DFIs) more... (D)

NIP, BSF sign MoU to promote SMEs
The National Industrial Parks Development and Management Company (NIP) and the SME Business Support Fund (BSF) signed a memorandum of understanding (MoU) to strengthen the SMEs located in the Industrial Parks more... (D)

Khushhali Bank
Khushhali Bank has been converted into a public limited company and incorporated with the Securities & Exchange Commission of Pakistan more... (D)