Business

Beijing, 26 April 2024 (GNP):  Saudi Aramco has recently heightened its focus on the Chinese market and allocated substantial energy resources to the world's second-largest economy.  One of Aramco's strategies include strengthening ties…

Twitter is betting on video and commerce to drive future growth. The company is in early conversations with political and entertainment figures, payments services, and news and media publishers to develop new partnerships that will help it…

Oil prices

Gold prices in Pakistan

Continuously falling exports of Pakistan

Islamabad, 2 March 2023 (GNP): According to the Pakistan Bureau of Statistics(PBS), the Consumer Price Index (CPI) measured inflation and showed an increase by 31.5 percent in February while a year back, there wasn't inflation to this…

Governmentt of Pakistan tax relaxation

KIA new prices

Gold prices in Pakistan

Pakistan and IMF deal

Chinese Bank financing Pakistan

PM Shehbaz on country's economy

Gas price hike in Pakistan

Gas price increase

New AI technology of Microsoft

Pakistan and IMF agreement

Bazaar launched a digital platform for Pakistani industries

Daraz is going to layoff its workforce

Bazaar is one the leading B2B Pakistani platform

Islamabad, 7 January 2023 (GNP): Due to the US dollar shortage and significant rupee devaluation, Pakistan's largest oil refinery, the Cnergyico refinery, has faced a crude oil shortage and has been closed for approximately a week. An…

Islamabad, 3 February 2023 (GNP): Pepsi and Coke recently met with the Finance Ministry of Pakistan and promised to get loans worth about $200 million from their parent businesses to inject money into the nation. The Finance Ministry agreed…

Islamabad, 30 January 2023 (GNP): Ishaq Dar, the finance minister of Pakistan, in a recent conference, announced that the federal government has raised the cost of gasoline and fuel by Rupees 35. Following the elimination of the informal…

Islamabad, 28 January 2023 (GNP): Due to its tardiness in making a decision over restarting the International Monetary Fund (IMF) loan programme, Pakistan received only $5.6 billion in foreign loans during the first half of the current…

Islamabad, 28 January 2023 (GNP): Following the rupee's freefall against the US dollar on Friday, gold prices exceeded Rs200,000 per tola (11.66 grams) for the first time in Pakistani history. However, because real buyers have left the…

Washington DC, 27 January 2023 (GNP): The US economy grew more quickly than anticipated until the end of 2022, but there were indications of declining underlying demand as growth in this year's economy is threatened by the sharpest…

Islamabad, 25 January 2023 (GNP): With the lack of clarity over dates for the visit of the International Monetary Fund, Pakistan is bound to a $500 million amount as debt repayment to a Chinese commercial bank within 72 hours. This action…

Karachi, 25 January 2023 (GNP): Pak Suzuki Motor Company (PSMC) has announced to increase in its car prices between the range of Rs115,000 and Rs355,000 in light of economic and political downturns and high production costs. The news comes…

Islamabad, 24 January 2023 (GNP): The spokesperson of OGRA said in a statement:" Ogra strongly rebuts the speculations on petrol/diesel shortages. Furthermore, ships carrying 101,000 metric tonnes petrol are at berth/outer anchorage. The…

Islamabad, 24 January 2023 (GNP): Federal Minister of Finance and Revenue (Pakistan), Senator Muhammad Ishaq Dar, met with Ali Bin Ahmed Al Kuwari, Finance Minister of State of Qatar, in Doha. They agreed to build their cooperation in the…

Islamabad, 21 January 2023 (GNP): The World Bank has announced to delay in the approval of two loans worth $1.1 billion until the next fiscal year. The lender has also opposed the policy of levying taxes on imports, creating a disruption in…

Islamabad, 21 January 2023 (GNP): According to Pakistan Stock Exchange (PSE), the Pakistani rupee dropped by Rps 0.52 (0.23%) to a three and half-month low at Rs229.67 against the US dollar in the interbank market. Also Read: Major…

Islamabad, 21 January 2023 (GNP): After the end of the annual inter-governmental commission between Russia and Pakistan, it was agreed that Russia will export crude oil to Pakistan starting from March this year. The news was confirmed by…

Islamabad, 20 January 2023 (GNP): Textiles owners on Thursday warned to go on a strike over delays of imported cotton containers at Karachi Port amid the country’s struggle to boost fast-depleting foreign exchange reserves. All Pakistan…

Riyadh, 19 January 2023 (GNP): Crown Prince Mohammad Bin Salman, on January 17, ordered the authorities of Saudi Arabia to increase the country's investments in Pakistan by $10 billion, giving a major boost to Pakistan’s efforts to…

Islamabad, 19 January 2023 (GNP): The Finance Minister of Pakistan, Ishaq Dar, revealed that the United Arab Emirates (UAE) provided Pakistan with a 2 billion dollars loan on 12 January 2023 so that Pakistan, currently a cash-deprived…

Islamabad, 19 January 2023 (GNP): According to reports, multinational companies are shutting down their mobile phone assembly plants in Pakistan due to a shortage of dollars. Three major phone manufacturers have reportedly closed their…

Islamabad, 19 January 2023 (GNP): The former Finance Minister of Pakistan, Hafiz Pasha, has warned that in case Pakistan defaults, the country's inflation rate can skyrocket to 70%. Even if the International Monetary Fund’s (IMF) loan…

Islamabad, 18 January 2023 (GNP): The National Electric Power Regulatory Authority (Nepra) has allowed an increase in tariff up to Rs4.46 per unit for quarterly adjustment for the first quarter of the financial year 2022-23. The tariff…

Chaghai, 17 January 2023 (GNP): The Canadian company Barrack Gold has announced the development of Reko Diq, which will begin in 2028. A ceremony was held at the office of Chief Minister’s secretariat on 15 January 2023, where Barrick Gold…

Islamabad, 16 January 2023 (GNP): Ishaq Dar, Finance Minister of the Pakistan Government, has announced that the prices of petroleum will remain the same as the present and won't increase till February. He said this while addressing a media…

Islamabad, 14 January 2023 (GNP): According to Pakistan Petroleum Division, the price of petrol is expected to increase by Rupees 8.98 per liter while the price of high-speed diesel (HSD) may rise by Rupees 1.06 per liter in the coming…

Islamabad, 14 January 2023 (GNP): According to the stats revealed by All Pakistan Sarafa Gems and Jewellers Association, the price of gold rose by Rupees 500 per 1 tola on Thursday, 12 January to set at Rupees 186,100 today. Similarly, the…

Washington DC, 12 January 2023 (GNP): United States's spokesman, Ned Price has assured Pakistan that the US will support the country's efforts to strengthen its economy and deal with the aftereffects of last year’s flood disaster. Ned…

Karachi, 12 January 2023 (GNP): Pakistan's PM Shahbaz Sharif has warned all business persons and individual hoarders who have created an artificial wheat shortage in the market. He announced in a meeting on Monday that the federal…

Islamabad, 11 December 2023 (GNP): According to a press release issued by the European Union on Monday, January 9, 2023, , three agreements were signed by Dr. Kazim Niaz, Secretary Ministry of Economic Affairs Division, and Dr. Riina Kionka…

Islamabad, 11 January 2023 (GNP): Oil and Gas Regulatory Authority of Pakistan (OGRA) has allowed Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL), two major gas-providing companies, to inflate gas…

Islamabad, 10 January 2023 (GNP): According to reports, about seven million people working in textile and textile-related industries in Pakistan have been fired from their jobs due to decreasing exports and the Pakistani government’s failed…

Islamabad, 10 January 2023 (GNP): Pakistan's Federal Minister for Planning, Ahsan Iqbal has stated at the International Conference on Climate Resilient Pakistan, co-arranged by the UN and Pakistan's government in Geneva that the aggregate…

Zurich, 9 January 2023 (GNP): The central bank is reported to have recorded a loss of a total 132 billion Swiss francs ($143 billion) last year, hindering it from providing funds to Switzerland's government. Most of last year’s losses were…

Karachi, 7 January 2023(GNP): Pakistan's government has decided to sell two LNG power plants to raise an estimated $1.5 billion. Previously these plants were to be privatized, however now, the government aims to sell state assets to Qatar…

Islamabad, 6 January 2023 (GNP): According to reports, Flour, which is Pakistan's staple food is no longer available in Lahore. Prices of flour have soared in the metropolis with shops reporting zero stock of the commodity across the city.…

Islamabad, 6 January 2023 (GNP): Millat Tractors, the biggest tractor producer in Pakistan has decided to cease its operations in the country from 6th January onwards, due to a cash flow crisis and low demand. The news comes after major…

New York, 5 January 2023 (GNP): The news comes one year after Apple reached a market value of $3 trillion. According to sources, Apple Inc's shares fell by 3.7% to $125.07 after the analyst, Jerome Ramel downgraded the company to 'neutral'…

Islamabad, 4 January 2023 (GNP): According to reports, the Pakistani rupee fell in value on the first working day of 2023 by 0.22 (Rps 0.51) to a three month low at Rs226.94 against the US dollar in the inter-bank market on Tuesday. The…

Islamabad, 2 January 2023 (GNP): Pakistani politician and political economist Miftah Ismail shared his views regarding Pakistan's future and economy in a recent interview. Upon being asked about Pakistan's position to default in 2023,…

Karachi, 30 December 2022 (GNP): KIA ltd. has announced to close its operations in Karachi permanently in an official post on its website, stating: "The only reason for the closure of Kia Motors Shahrah-e-Faisal showroom was the expiry of…

Islamabad, 30 December 2022 (GNP): The local automobile company subsidiary of the Japanese automobile company Suzuki announced on 26 December 2022 that it will be shutting down its plants for cars and motorcycles from next year. The span…

Islamabad, 29 December 2022 (GNP): According to sources, Rupee has fallen in value in comparison with the American dollar by 225 at the inter-bank market after two and a half months. There have been reports of people putting their savings…

Tokyo, 28 December 2022 (GNP): After the end of COVID-19's Omicron pandemic wave, the new BF.7 variant has affected every country, with Japan experiencing 415 deaths today from COVID-19. Despite the new BA.7 variant, BA.5 COVID variant…

Islamabad, 28 December 2022 (GNP):  One of Pakistan's largest textile manufacturers, Nishat Chunian Limited, has declared that it will temporarily halt operations due to the current political and economic unrest in the nation. Organizations…

Islamabad, 27th December 2022 (GNP): An abnormal rise in gold prices in Pakistan has been recorded and observed. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola started to rise this week on…

Tokyo, 27 December 2022 (GNP): According to sources, Japan's latest inflation rate has been revealed and financial experts of japan deem this to be the highest inflation rate in the economy since 1981. Consumer prices (excluding volatile…

Islamabad, 27 December 2022 (GNP): Being among the top banks of Pakistan, Bank Alfalah has been honoured with three prestigious awards in recognition of its remarkable banking performance, investor relations and investment banking at the…

The National Electric Power Regulatory Authority (NEPRA), in line with its monumental initiative called ‘Power with Security,’ hosted an in-house seminar on Cyber Security today at NEPRA Tower.

Sendoso, the leading Sending Platform™, rolled out two new features, Custom Brand Shop and Playbooks, at its CONNECTED conference today. The company also highlighted updated features that help marketing and sales teams to scale…

The State Bank of Pakistan (SBP) has made it mandatory for the entities it regulates, including banks, microfinance banks, payment system operators, and payment system providers, to provide digital means of payments to their corporate…

سینڈوسو، معروف  سینڈنگ پلیٹ فارم™، نے آج اپنی کنیکٹڈ کانفرنس میں دو نئے فیچرز، کسٹم برانڈ شاپ اور پلے بکس متعارف کرائی ہیں۔ کمپنی نے تازہ ترین فیچرز کو اجاگر کیا جو مارکیٹنگ اور سیلز ٹیموں کو بین الاقوامی سطح اور دنیا بھر کے صارفین…

MicroEnsure (part of Micro Insurance Company), a global provider of digital insurance products, and Jazz Business, one of the largest B2B solution providers in the nation, have entered into an industry-first strategic partnership, to…

Two associations for investment practitioners who are committed to the competent and ethical practice of investment management analysis and fund allocation have formed a multi-year strategic alliance to raise the bar of professionalism, and…