Cement makers saw a fast recovery in sales following ease in the lockdown. This was stated by Irfan Amanullah, senior… Read More
Rupee Climbs Against US Dollar On The Back of Crashing Oil Prices
The Pakistani rupee gained against the US Dollar on Tuesday. In the interbank market, the rupee posted a total gain… Read More
U.S. Oil Price Crashes More Than 300% into Negative For The First Time in History
Yesterday was a historic day in the oil markets as the U.S. crude prices took an unprecedented fall into the… Read More
ICI Pakistan Posts 31% Growth in Profits From July 2019 to March 2020
ICI Pakistan has announced its financial results for the nine months that ended on March 31st, 2019. On a consolidated… Read More
Fauji Cement’s 9 Month Earnings Down by a Staggering 89%
Fauji Cement Company has announced its financial results for the 3rd quarter ended on March 31st, 2020. The cement manufacturer… Read More
Engro Fertilizer’s Profit Declined by a Massive 85.75% in Q1 2020
Engro Fertilizers Limited has announced its financial results for the first quarter that ended on March 31, 2020. According to… Read More
Oil Prices Drop to Lowest Ever in 21 Years
Crude oil prices continue to slide downwards, falling below $15 which is the lowest since 1999 as traders worry over… Read More
Govt Planning a Support Scheme for SMEs
Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood has announced that the government is finalizing a scheme… Read More
US is Contributing $8 Million to Pakistan for Fighting The Coronavirus
The United States has announced to provide over $8 million to Pakistan to fight the coronavirus pandemic from spreading further.… Read More
Independent Power Producers Earned a Profit of Rs. 415 Billion Since 1994: Report
Power sector policies during the last two decades have enabled exorbitant profits to a select group of investors and encouraged… Read More
Ali Habib, Chairman of Indus Motor Company, Passes Away
Pakistani Business Tycoon and Chairman Indus Motor Company Ali Suleman Habib passed away on Friday. Apart from his leadership of… Read More
Sugar Mills Completely Reject FIA’s Report on Sugar Crisis
In a letter written to the Director General of Federal Investigation Agency (FIA), Pakistan Sugar Mills Association (PSMA) has rejected… Read More
