FLASHNEWS:

Category: Business

Aik and PTCL Partnership Reinforces Digital Banking in Pakistan

Karachi: Aik, the pioneering Islamic digital banking platform in Pakistan, has embarked on a transformative alliance with Pakistan Telecommunication Company Limited (PTCL) to enhance its infrastructure through PTCL Smart Cloud’s secure and dependable …

Debt Burden Reaches Alarming Levels Amid IMF Review Concerns

Karachi: Pakistan’s mounting debt has reached a critical juncture, with public debt servicing costs projected to balloon to Rs6.4 trillion. This alarming situation coincides with an ongoing review by the International Monetary Fund (IMF), raising conc…

State Bank Shock: No Access to Overnight Facilities for Second Day

Karachi: In an unexpected development, the State Bank of Pakistan (SBP) reported that for the second consecutive trading session, there was no utilization of its overnight repo and reverse repo facilities. This rare occurrence, documented in the centr…