Unity Foods Limited has decided to proceed with the acquisition of 69% shares of Sunridge Foods, in order to expand… Read More
Ufone Raises Prices for Immensely Popular Super Cards
Ufone has jacked up the charges of its highly popular Super Packages varying from monthly to weekly by a straight… Read More
National Savings Collects Rs. 365 Billion in May 2019
The Central Directorate of National Savings (CDNS) has achieved a net target of Rs. 365 billion by May 16, up… Read More
Kia to Start Production of Sportage & Picanto by August This Year: Report
Kia Lucky Motors Pakistan is expected to commence production from August this year, reported Business Recorder. The report stated that… Read More
Saudi Arabia Confirms $3.2 Billion Deferred Oil Payment Facility from July
Saudi Arabia will extend a $3.2 billion deferred payment facility with Pakistan for petroleum products from the start of July,… Read More
SBP to Maintain Interest Rate at 12.25% Throughout 2019: Fitch
Fitch Solutions projects that the State Bank of Pakistan will maintain its benchmark interest rate at 12.25% throughout 2019. Pakistan… Read More
Smuggled Oil is Causing an Annual Loss of Rs. 60 Billion to Pakistan
Pakistan has been facing an annual loss of Rs. 60 billion from illegal cross-border smuggling of oil at Pak-Iran border,… Read More
Richard Morin Testifies Before the PSX Board Over Show-Cause Notice
A meeting of the Board of Directors of the Pakistan Stock Exchange (PSX) was held on Monday with a single… Read More
US Dollar Reaches Rs. 153 in Open Market
The US dollar continues its upward trend against the Pakistani Rupee for the fourth consecutive day, reaching a new all-time… Read More
Despite Higher Revenue, Honda Atlas Profits Drop by 40% in FY 2018-19
Honda Atlas Cars has announced its financial results for the year that ended on March 31st 2019. The company posted… Read More
Govt Proposes Amnesty Scheme for Smuggled Vehicles
The government has decided to propose an amnesty scheme to owners of smuggled vehicles in some parts of the country.… Read More
IMF Program Will Boost the Economy: Dr. Hafeez Shaikh
The Advisor to Prime Minister on Finance, Revenue and Economic Affairs, Dr Abdul Hafeez Shaikh, has said that the country’s economy… Read More
