Pakistan’s oil sales in August 2021 grew to their highest level since May 2018 amid high prices of Liquified Natural… Read More
Systems Ltd. is The First Pakistani IT Company to Cross Rs. 100 Billion Market Capitalization
Systems Limited has become Pakistan’s first technology company to cross a market value of Rs. 100 billion. The information technology… Read More
Pakistan’s Trade Deficit Increased by a Massive 133% YoY in August 2021
Pakistan’s trade deficit widened by 133 percent year-over-year amid an ongoing surge in imports. The trade deficit swelled to $4.06… Read More
Pakistan May Face Power Rationing as LNG Prices Surge
Pakistan’s struggle to cope with a surge in spot Liquified Natural Gas (LNG) prices may raise the risk of power… Read More
Rupee Drops to Its Lowest Against the US Dollar in 2021
The Pakistani Rupee lost 49 paisas against the US dollar today and closed at Rs. 166.87. It depreciated by 0.29… Read More
Pakistan’s Exports Grew by 43% in August 2021
Pakistan’s exports grew by 43 percent to $2.26 billion in August 2021 compared with $1.58 billion in the same month… Read More
Govt Invites Bids for Acquisition of Pakistan Steel Mills
The Ministry of Privatization has invited bids for the acquisition of a 74 percent stake in the Pakistan Steel Mills… Read More
PSO Buys Priciest LNG Cargo as Prices Jump
Pakistan purchased its most expensive Liquefied Natural Gas (LNG) cargo as prices surge globally amid a surge in demand. Pakistan… Read More
Rupee Loses All Recent Gains With Another Big Fall Against the US Dollar
The Pakistani Rupee (PKR) lost 42 paisas against the US dollar (USD) today (August 31) and closed at Rs. 166.39.… Read More
NSS Net Savings Turn Negative for the First Time in 16 Years
Outflows from the National Savings Schemes have exceeded inflows for the first time in 16 years. The net savings under… Read More
TPL Corp. Wants to Raise $500 Million: Report
TPL Corp intends to raise up to $500 million through a real estate investment trust (REIT), reported Bloomberg. The company’s… Read More
S&P Global Ratings Affirms Pakistan at ‘B’; Outlook Stable
S&P Global Ratings have affirmed Pakistan’s ‘B-‘ long-term and ‘B’ short-term sovereign credit ratings with a stable outlook. According to… Read More
