The International Monetary Fund (IMF) has asked the Pakistani Government to take even more measures on the taxation front to increase… Read More
Islamic Development Bank to Lend Pakistan $4.5 Billion Worth of Oil
The Saudi-backed Islamic Development Bank (IsDB) will lend Pakistan oil worth $4.5 billion. A spokesperson for the Ministry of Finance… Read More
Cherat Cement Company Boosts Expansion Capacity to 4.5 Million Tons Per Year
Cherat Cement Company Limited (CCCL) has successfully installed and commissioned the third line of Cement Manufacturing. The company notified it… Read More
OGRA Fines 37 Petrol Pumps for Violation of Cleanliness Rules
The Oil and Gas Regulatory Authority (OGRA) has imposed a Rs 1.85 million fine on 37 petrol pumps of eight… Read More
Honda Posts a 57% Decline in Profits in Q3FY2018-19
Honda Atlas has posted a 57.38% decline in its net profit as it plunged down to Rs. 601 million, from… Read More
UN Projects Pakistan’s Economic Growth to Slow Down
According to the latest UN report on the World Economic Situation, Pakistan’s economic growth is projected to slow down markedly… Read More
Germany Keen to Invest in Pakistan’s SMEs
Germany is keen to improve its trade and investment ties with Pakistan, primarily in the area of small and medium-sized… Read More
France Lends Rs. 19.5 Billion to Pakistan Govt for BRT & Green Urban Projects
Pakistan and France, on Tuesday, signed a Credit Facility Agreement worth 130 million Euros (Rs. 19.5 billion) to finance Peshawar’s sustainable… Read More
Qatari Businessmen Agree to Invest in Pakistan
Qatari businessmen and investors, on Tuesday, expressed their interest to invest in Pakistan in multiple industries, including hospitality, large-scale manufacturing,… Read More
POL Posts a Massive 81% Increase in Profits in Q2 FY2019
Pakistan Oilfields Limited (POL), which is a part of the Attock group, announced its financial results for the 2nd quarter… Read More
Attock Group Posts Disappointing Results for H1 FY2018-19
The Attock Group has recently announced the financial results for the Half Year that ended in 2019 (H1 FY19). Attock… Read More
Credit Growth in Pakistan’s Banking Sector to Slow Down as NPLs Rise: Fitch
Fitch Solutions, in its latest report, has said that the rapid pace of credit growth in the banking sector is… Read More
