Pakistan Stock Exchange (PSX) witnessed another bullish trend as the benchmark index, KSE-100 saw the highest total traded volumes of… Read More
Oil Marketing Companies Incurred a Loss of Rs. 23 Billion in One Year
Pakistan’s oil marketing companies (OMCs) have been through a rough patch. The listed OMCs that mainly include PSO, Shell, and… Read More
Govt Stops Pharmaceutical Companies From Increasing Prices on Their Own
The federal government has taken away the powers of pharmaceutical companies to increase the prices of drugs on their own… Read More
Telenor Bank Posts Negative Year Due to Investments for Expansion
Telenor Microfinance Bank has reported a net loss of Rs. 16.3 billion for the year ended December 31, 2019. While… Read More
Clothing Giant Hugo Boss Orders Sportswear From Pakistan for The First Time
German fashion giant Hugo Boss has given its first order of sportswear to a Pakistani company. This was revealed by… Read More
South Korea’s Eximbank Plans to Finance Pakistan’s Large-Scale IT Project: Report
Eximbank of South Korea is planning to finance over $76 million to Pakistan for IT-related projects including electronic intelligence. According… Read More
Only 15% of Pakistanis Have Moved to Digital Payments: Survey
Despite the closure of brick and mortar stores, only 15% of consumers have moved to digital payments in Pakistan. COVID-19… Read More
Emerging & Frontier Markets Face a Bigger Economic Downturn & Challenges: Moody’s
Moody’s Investors Service (MIS) says that non-investment grade emerging and frontier market sovereigns face a sharp economic downturn following the… Read More
WAPDA Broke All Previous Records of Hydel Power Generation: Asad Umar
Minister for Planning, Development and Special Initiatives Asad Umar has announced that WAPDA produced the highest ever hydel electricity in… Read More
Pakistan’s Trade Deficit Decline by 27% in FY20 Despite COVID-19 Pandemic
Pakistani exports registered another increase of over 14.04% in June as compared to May 2020 as exports are showing clear… Read More
CDNS Increases National Saving Schemes Profit Rates
In a bid to re-attract investor’s interest in the National Saving Schemes, the Central Directorate of National Savings (CDNS) marginally… Read More
OGDC Starts Gas Collection at Two New Wells
The Oil & Gas Development Company Limited (OGDCL) being the operator of Thal D&P.L with 100 percent working interest has… Read More
