Weekly inflation continues to remain high due to the increase in food and fuel prices and came in at 46.82… Read More
Govt Allows Drug Makers to Increase Prices of Medicines
The Economic Coordination Committee (ECC) of the Cabinet Friday gave in to the longstanding demand of pharma firms to allow… Read More
ECC Approves Four Licenses for Oil & Gas Exploration
The Economic Coordination Committee (ECC) of the Cabinet Thursday approved four licenses for oil & gas exploration in Attock and… Read More
Current Account Turns from Deficit to Surplus After 27 Months
The country’s current account posted a surplus of $654 million in March 2023, the first time since November 2020 that… Read More
Pakistan’s Machinery Imports Slump to Lowest in Almost 20 Years
Pakistan’s machinery group imports slumped to $341 million in March 2023, down over 60 percent from imports of $921 million… Read More
Pakistan’s Textile Exports Down 12% in First 9 Months of FY23
The country’s textile group exports declined by around 12.40 percent (or $1.766 billion) during the first nine months (July-March) of… Read More
Textile Maker Interloop Posts Highest-Ever Quarterly Profit of Rs. 9.6 Billion
Textile maker Interloop Limited (ILP) has posted its highest-ever quarterly profit of Rs. 9.583 billion in the quarter ended March… Read More
Large Scale Manufacturing Output Drops by Over 11% in February
The Large Scale Manufacturing Industries (LSMI) output decreased by 11.59 percent for February 2023 compared with February 2022, says the… Read More
Roshan Digital Account Inflows Cross $6 Billion
The total foreign exchange inflows through the Roshan Digital Accounts (RDAs) have now surpassed the $6 billion mark. According to… Read More
Weekly Inflation Remains Above 40 percent for 7th Straight Week
Weekly inflation remained above the 40 percent barrier for the seventh straight week and stood at 45.49 percent on a… Read More
SBP Reserves Decline Slightly to $4.2 Billion
The foreign exchange reserves held by the central bank decreased slightly on a weekly basis, according to data released by… Read More
Govt Raises Rs. 2.24 Trillion Via T-Bills
The cut-off yields on Treasury Bills (T-Bills) went up by 40 basis points (bps) in the auction of the paper… Read More
