Pakistan’s listed cement sector reported record earnings of Rs. 22.4 billion, up 8 percent YoY in 2QFY24. This earnings growth… Read More
Toyota Indus Motors Shuts Down Plant for 6 Days
Indus Motor Company Limited (PSX: INDU) has closed its production plant from 6th March to 11th March 2024, the automobile… Read More
Pakistan Becomes World’s 9th Biggest Potato Producer
Pakistan has jumped to 9th on the list of the world’s top potato producers, with production soaring to over 8… Read More
Pakistan Likely to Start Talks With IMF Next Week for Final Loan Tranche
Pakistan will likely commence negotiations with the International Monetary Fund (IMF) next week over the third and final loan tranche… Read More
Govt Uncovers Fake IT Ministry Website in Malicious Hacking Scheme
In a concerning development, it has been revealed that a fake website impersonating the Ministry of IT and Telecom (MoIT&T)… Read More
Pakistan’s Power Consumption to Fall Again, First Consecutive Annual Decrease in 16 Years
Hub Power Company Limited (PSX: HUBC) expects Pakistan’s power consumption to decline again this year due to increased tariffs and… Read More
Pakistan’s Public Debt Up By Rs. 4 Trillion in 7 Months As Govt Borrowing Continues
The total public debt stock of the federal government increased by 17.8 percent on a year-on-year (YoY) basis in January… Read More
PM Orders to Develop Strategy to Cut Govt Expenditure and Modernize FBR
Prime Minister Shehbaz Sharif on Tuesday directed authorities to formulate proposals for reducing government expenditures and appoint a foreign consultant… Read More
Pakistan is Next Big Thing For Insurance Companies
Global and local insurance companies are exploring opportunities in the upcoming energy projects worth billion of dollars across the country… Read More
Facebook, Instagram Down as Meta Faces Massive Global Outage
Meta’s social media platforms Facebook and Instagram are currently experiencing widespread technical problems, with users reporting errors in accessing the… Read More
Muhammad Aurangzeb Likely to Replace Ishaq Dar as Finance Minister in Sharif’s New Cabinet
Renowned banker Muhammad Aurangzeb is likely to become Pakistan’s next finance minister as newly elected Prime Minister Shehbaz Sharif is… Read More
ADB Signs Agreement For Sanitation, Waste Management Project in Rawalpindi, Bahawalpur
The Asian Development Bank (ADB) and the United Nations Children’s Fund (UNICEF) Tuesday signed a Letter of Understanding (LOU) to… Read More
