China has proposed to build its most expensive Belt and Road Initiative (BRI) to date, a $58 billion railway system… Read More
Rupee Falls Against Major Currencies As Outlook Remains Grim
The Pakistani rupee (PKR) reversed gains and posted heavy losses against the US Dollar today. The Pakistani rupee was largely… Read More
Govt Bets Big on Inflation, Debt Levels to Ease While Numbers Paint Bleak Picture
The risks to Pakistan’s public debt remain high in the next few years, while inflation is estimated to rise further… Read More
Rupee Crash, Default Gossip, Inflation Are Holding Pakistan’s E-Commerce Scene At Gunpoint
The Pakistani economy has been reeling from one crisis after another, which has affected purchasing power hard and made consumers… Read More
Lucky Core Industries to Issue Fresh Offer for Acquiring Lotte Chemical Pakistan
Lucky Core Industries Limited (PSX: LCI) will issue a fresh Public Announcement of Intention (PAI) for acquiring over 1.13 billion… Read More
Rupee Posts Marginal Gains Against US Dollar, Resumes Fall Against Euro
The Pakistani rupee (PKR) gained small ground and posted gains against the US Dollar today. The Pakistani rupee was largely… Read More
KAPCO Profit Dips by 74% in Q3 Due to Production Hiatus
Kot Addu Power Company Limited (PSX: KAPCO) announced its financial results for the three months that ended on March 31,… Read More
Toyota Pakistan Reports 142% Increase in Profit Despite Poor Sales
Toyota Indus Motor Company (IMC) Limited has posted a profit of Rs. 3.21 billion for the quarter that ended on… Read More
Power Generation Records Biggest Dip in Almost 10 Years
Power generation in the country went down by 16.1 percent on a year-on-year (YoY) basis to 8,741 gigawatts per hour… Read More
Rupee Ends Week With Gains Against US Dollar, Other Currencies
The Pakistani rupee (PKR) gained further ground and posted gains against the US Dollar today. The Pakistani rupee was largely… Read More
Engro Corp’s Profits Decline by 41% to Rs. 8.79 Billion in Q1
Pakistan’s premier conglomerate, Engro Corporation Limited (PSX: ENGRO) announced its financial results for the three months that ended on March… Read More
Foreign Direct Investment Increased by 62% to $163.4 Million in March 2023
In March 2023, net foreign direct investment (FDI) in Pakistan increased to $163.4 million, which is a significant improvement from… Read More
