Gilead has signed non-exclusive voluntary licensing agreements with five generic pharmaceutical manufacturers based in Pakistan and India to further expand… Read More
MSCI Retains Pakistan in the Emerging Market Index
Morgan Stanley Capital International (MSCI) has maintained Pakistan’s status within the MSCI Emerging Market Index. The firm has announced the… Read More
Remittances Decrease in April Despite Ramzan
Remittances to Pakistan have grown by around 5.5% during the first ten months of this fiscal year (Jul-Apr FY20). On… Read More
The Diamer Bhasha Dam is Ready for Construction
Prime Minister Imran Khan was briefed in detail about the progress of resolution of all pending issues related to the… Read More
Steel Manufacturers Resume Operations for Exports
Steel manufacturers in Pakistan have announced to resume operations of their factories across the country. International Industries Limited and Mughal… Read More
Ferozsons Laboratories Plans to Produce Drugs for COVID-19 Treatment
Ferozsons Laboratories Limited has announced that its subsidiary, BF Biosciences Limited (BFBL), is in negotiations to enter into a non-exclusive… Read More
Pakistan is Considering Hedging Oil for the First Time in History
For the first time in history, Pakistan is considering oil price hedging after the market saw the prices that low,… Read More
Pakistan’s Rice Exports to The Middle East Rise 59% Due to COVID-19
Pakistan’s rice exports have seen an increase of 59% in their market share in the Middle East, as India went… Read More
CNG, Electricity & Gas Prices to Get a Major Cut as RLNG Prices Reduced by 20%
The government has reduced the prices of re-gasified liquefied natural gas (RLNG) by 21.63% or $2.0729/mmbtu for Sui Northern Gas… Read More
SECP Launches Secured Transactions Registry
The Secured Transactions Registry (STR) was launched today by Dr. Abdul Hafeez Shaikh, Advisor to the Prime Minister on Finance… Read More
Cement Sales Drop 23.65% in April Due to COVID-19
Cement sales in the country have declined by 23.65% to 3.52 million tons in April 2020 as compared with 4.61… Read More
Oil Sales Fall 35% in April 2020
Oil Marketing Companies’ (OMCs) sales for the month of April 2020 plunged by 35% to 1.07 million tons on a… Read More
