Engro Polymer & Chemicals has announced that it had signed a contract with Tianchen Corp China (TCC) for an integrated… Read More
China-Backed CLSA to Buy Shares in Pakistan’s Alfalah Securities
One of China’s Premier investment banks, Credit Lyonnais Securities Asia (CLSA) is set to enter Pakistan’s brokerage and investment sector… Read More
Pakistan’s Capacity to Pay Back Foreign Loans Expected to Weaken: Moody’s
Pakistan’s capability to pay back foreign loan could become weaker if the amount increases further, according to Moody’s Investors Service.… Read More
PPL Makes Another Hydrocarbon Discovery in Sindh
Pakistan Petroleum Limited has discovered hydrocarbons from its exploration well Badeel X-1, located in district Sangarh, Sindh. PPL, which is… Read More
Moody’s Retains Pakistan in List of Countries “Most Vulnerable to Dollar Appreciation”
Moody’s Investors Service reported the fallout from the correction in Turkey’s (B3 negative) exchange rate and the external vulnerability and… Read More
Habib Metropolitan Bank Posts Rs 2.94 Billion in Profits for Half Yearly Results
Habib Metropolitan Bank has announced its financial results for the half-year that ended on June 30, 2018. The Bank posted… Read More
To Plug the Rising Trade Deficit, China Offers to Trade in Yuan With Pakistan
China has offered Pakistan to start bilateral trade in Renminbi (Yuan) to deal with the issue of widening trade deficit,… Read More
Bestway Cement Posts 1% Lower Profit as Revenue Swells to Rs. 52.88 Billion
Bestway Cement Limited has posted a net profit of Rs. 13.15 billion for the fiscal year ending on June 30… Read More
Shell Posts a Huge Drop in Profits During H1 2018
Shell Pakistan – the second largest oil marketing company in the country – posted a massive 74% drop in profit,… Read More
Engro Posts an Impressive 74% Increase in Quarterly Profits
Engro Corporation’s profit rose by an impressive 74% to Rs 4.21 billion in the quarter that ended in June 2018… Read More
External Finance Risk Could Hamper PTI’s Government: Fitch Ratings
Pakistan’s PTI-led coalition government, which will take office within the next couple of weeks, will be under immediate pressure to… Read More
Attock Petroleum Posts 6.81% Increase in Profits During FY2018
Attock Petroleum Limited’s profits have increased by 6.81% to Rs 5.65 billion for the financial year that on ended June… Read More
