The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $43 million on a… Read More
Foreign Direct Investment in Pakistan Increases by 51% in August
The net Foreign Direct Investment (FDI) in the country stood at $214 million in August 2024, up 51 percent over… Read More
Pakistan’s Petroleum Imports Surge 23% in Two Months of FY25
Petroleum group imports witnessed 22.73 percent growth during the first two months (July-August) of current fiscal year 2024-25 (FY25) and… Read More
Pakistan’s Textile Exports Increase by 5.4% in Two Months of FY25
The country’s textile group exports increased by 5.37 percent in first two months (July-August) of current fiscal year 2024-25 (FY25)… Read More
Large-Scale Manufacturing Sector Grows 2.38% in July 2024
The Large-Scale Manufacturing (LSM) sector output increased by 2.38 percent for July 2024 when compared with July 2023, says Pakistan… Read More
Weekly Inflation in Pakistan Increases After Four Straight Falls
The Sensitive Price Index (SPI)-based inflation for the week ended September 12, 2024, increased by 0.01 percent, according to the… Read More
SBP Reserves Close in on $9.5 Billion Mark After Another Weekly Increase
The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $30 million on a… Read More
IMF Board to Discuss Pakistan’s $7 Billion Loan on September 25
The International Monetary Fund (IMF) confirmed on Thursday that its Executive Board will meet on September 25 to discuss the… Read More
Habib Rice Establishes Subsidiary in Sharjah with Aim to Secure Export Business
Habib Rice Product Limited (PSX: HRPL) has incorporated a 100 percent wholly owned subsidiary Company Habib Rice Products (FZE) in… Read More
Avanceon’s Subsidiary Seals Multi-Million-Dollar Project
Avanceon FZE, a wholly owned subsidiary of the Avanceon Limited (PSX: AVN), has secured a multi-million-dollar project to deliver state… Read More
Remittances Sent by Overseas Pakistanis Remain Near $3 Billion for Fourth Straight Month
Remittances sent by overseas Pakistanis increased by 40 percent to $2.943 billion in August 2024 compared to inflows of $2.094… Read More
Electricity Consumers to Pay Extra for Three Months as NEPRA Approves Quarterly Hike
The National Electric Power Regulatory Authority (NEPRA) Friday announced its decision in the matter of requests filed by ex-Wapda distribution… Read More
