Kot Addu Power Company (KAPCO) is working swiftly to renew its Power Purchase Agreement (PPA) with the Power Division, reported… Read More
Pakistan’s IT Exports Grew by a Meager 1% in August
The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services increased by a meager 1… Read More
Rupee Extends Losing Streak to 14 Days As Dominant Dollar Rattles Markets
The Pakistani Rupee (PKR) slid closer to its all-time low against the US Dollar (USD) and posted losses during intraday… Read More
Fauji Cement Posts Profit of Rs. 4.4 Billion in FY22
Fauji Cement Company Limited, which is one of the biggest cement manufacturers, has announced its financial results for the year… Read More
ECC to Consider Rs. 10 Billion Procurement Grant for Flood Victims Today
The Economic Coordination Committee (ECC) of the federal cabinet will consider a summary regarding the allocation of Rs. 10 billion… Read More
Pakistan Economy to Decelerate in 2023 Amid Strong Climate Headwinds: ADB
The Asian Development Bank (ADB) has predicted Pakistan’s economic growth rate to slow down to 3.5 percent in the fiscal… Read More
PPL Reports a Profit of Rs. 53.54 Billion in FY22
Pakistan Petroleum Limited (PPL), one of the top players in the oil and gas exploration and production sector, announced its… Read More
Mughal Steel Posts 58% Profit Growth During FY22
Mughal Iron & Steel (MUGHAL) has announced its financial results for the fourth quarter of the year ending June 30th,… Read More
Rupee Falls 13th Day in a Row As Market Outlook Remains Grim
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Inflation Will Reach 26% Due to Food Scarcity: Report
There is going to be another month of 25 percent upward year-on-year (YoY) CPI reading, where CPI for September 2022… Read More
Market Unresponsive: PKR Nears All-Time Low Against US Dollar As Woes Multiply
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan State Oil Plans $500 Million LNG Terminal
Pakistan State Oil (PSO) is planning to construct a $500 million LNG terminal as part of its diversification strategy, reported… Read More
