The $150 million encashment issue between Hub Power Company Limited (PSX: HUBC) and China Power Hub Generation Company Limited has… Read More
Super Tax To be Implemented from 2023: Sindh High Court
Sindh High Court (SHC) has suspended the applicability of Super Tax on High Earning Persons for the tax year 2022… Read More
Rupee Drops Further Against US Dollar As IMF, REER, Politics Rattle Market
The Pakistani Rupee (PKR) was all red against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
Lucky Cement Adds Another Cement Production Unit
Lucky Cement Limited (PSX: LUCK) has completed the construction of its Brownfield Expansion line in Pezu, Khyber Pakhtunkhwa. According to… Read More
Fauji Fertilizer Bin Qasim Ltd Closes DAP Plant Due to Poor Market Conditions
Fauji Fertilizer Bin Qasim Limited (PSX: FFBL) has shut down its DAP plant with maintenance scheduled for January 2023. Its… Read More
Govt Rejects All Bids for Fixed Rate PIBs in Auction
The government rejected all the bids for fixed-rate Pakistan Investment Bonds (PIBs) against a target of Rs. 175 billion at… Read More
Pakistan’s Real Effective Exchange Rate Falls Below 100 in November
Pakistan’s Real Effective Exchange Rate (REER) decreased by 1.4 percent to 98.8 in November 2022. According to the latest monthly… Read More
Rupee Drops Further Against US Dollar 2nd Day in a Row
The Pakistani Rupee (PKR) was all red against the US Dollar (USD) and posted losses during intraday trade today. It… Read More
Wheat Price Reaches Historic High at Rs. 4,100 Per Maund
Wheat prices touched the historic high of Rs. 4,100 per maund in grain markets across Punjab on Wednesday and Chakki… Read More
No Electricity Tariff Hike Under Consideration: Energy Ministry
Electricity consumers can heave a sigh of relief as the government doesn’t plan on increasing the power tariff despite reports.… Read More
PSX to Delist Ados Pakistan Ltd Next Month
Ados Pakistan Limited (PSX: ADOS), a leading manufacturer of critical oilfield equipment, will be delisted from the Pakistan Stock Exchange… Read More
5G to be Launched in Major Cities of Pakistan: IT Minister
Federal Minister IT and Telecommunication Syed Aminul Haque on Wednesday said 5G technology will initially be launched in major cities… Read More
