The foreign exchange reserves held by the central bank increased by 9.5 percent on a weekly basis, according to data… Read More
Pakistan’s Public Debt Increases by Rs. 9.45 Trillion in One Year
The total public debt stock of the federal government increased by 22.8 percent on a year-on-year (YoY) basis in December… Read More
Meezan Bank Posts Highest-Ever Profit in 2022
Meezan Bank Limited (MEBL) has posted the highest ever profit after tax (PAT) of Rs. 45 billion in 2022 (CY22),… Read More
Petrol Price in Pakistan Breaks All Previous Records to Hit All-Time High
The government has increased the prices of all petroleum products, with prices of both petrol and diesel hitting an all-time… Read More
LSM Output Declines by 3.68% in First Half of FY23
The Large Scale Manufacturing Industries (LSMI) output has declined by 3.68 percent during the first half (July-December) of fiscal year… Read More
Askari Bank’s Profit Jumps 45% to Rs. 14 Billion in 2022
Askari Bank Limited (AKBL) has announced a profit after tax (PAT) of Rs. 14.072 billion for the calendar year 2022… Read More
Interloop Posts Profit of Rs. 4.5 Billion for 1HFY23 Despite Loss in Q2
Interloop Limited (ILP) has announced its financial results for the half year that ended December 31, 2022 (1HFY23). The company… Read More
President Advises Govt to Take Parliament Into Confidence Over IMF-Related Taxes
President Dr Arif Alvi has advised the government to take the Parliament into confidence on the issue of raising additional… Read More
Fauji Cement Posts Profit of Rs. 5 Billion for 1HFY23
Fauji Cement Company Limited (FCCL), one of the biggest cement manufacturers in the country, has announced its financial results for… Read More
Sitara Peroxide Extends Production Shutdown for Another 10 Days
Sitara Peroxide Limited (PSX: SPL) has decided to extend the suspension of plant operation and production activities for 10 more… Read More
Govt Approves Revised Circular Debt Management Plan
The Economic Coordination Committee (ECC) of the Cabinet on Friday approved the Revised Circular Debt Management Plan for the power… Read More
ECC Approves Increase in Price of Paracetamol
The Economic Coordination Committee (ECC) of the Cabinet has approved an increase in the maximum retail price (MRP) of paracetamol… Read More
