Fauji Fertilizer Company Limited (PSX: FFC) has announced its financial results for the year that ended on December 31, 2023,… Read More
Rates of Profit On National Savings Schemes Decreased
The government has decreased the rates of profit on national savings certificates and schemes by up to 46 bps. The… Read More
China Likely to Roll Over $2 Billion Loan to Pakistan Soon
Pakistan has formally requested China to extend the maturity of a $2 billion loan which the CPEC counterpart is likely… Read More
Stand off Persists Among Inter-Ministerial Committee Members on FBR Restructuring
The stand-off still persists between the members of the Inter-Ministerial Committee on proposed reforms for Federal Board of Revenue(FBR) restructuring.… Read More
PM Urges Saudi Arabia’s Al-Jomaih Group to Invest in Pakistan’s Alternative Energy Sector
Caretaker Prime Minister Anwaar-ul-Haq Kakar Thursday urged Saudi Arabia’s Al-Jomaih Group to invest in Pakistan’s alternative energy sector. The prime… Read More
Pak Rupee Halts Win Streak Against USD After Below-Par Bond Auction Dulls Market
The Pakistani rupee halted its winning streak against the US Dollar today after opening trade at 280 in the interbank… Read More
FFBL Profit Down By 48% in 2023 Amid High Taxes
Fauji Fertilizer Bin Qasim Limited (PSX: FFBL) has announced its financial results for the calendar year that ended on December… Read More
Financial Misery Mounts For PSO As Receivables Cross Rs. 850 Billion
The receivables of state-owned Pakistan State Oil (PSO) have crossed Rs. 850 billion worsening its liquidity crunch. Overall receivables stood… Read More
6-Month KIBOR Drops to Lowest Level Since March 2023
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 20 basis points… Read More
Petrol Prices Likely to Increase Next Week
MS petrol and High-Speed Diesel (HSD) prices are expected to rise sharply next week due to ongoing tensions in the… Read More
PM Kakar Summons Meeting of National Economic Council A Week Before Elections
Caretaker Prime Minister Anwaarul Haq Kakar has summoned a meeting of the National Economic Council on January 29, 2024, where… Read More
Inland Revenue Services Urges Election Commission to Help Prevent FBR Overhaul
The Inland Revenue Service (IRS) has asked the Election Commission of Pakistan to prevent the illegal and unconstitutional restructuring of… Read More
