The Caretaker Federal Minister for Commerce and Industries and Production Dr. Gohar Ejaz on Wednesday set an ambitious target of… Read More
Rupee Crashes to New All Time Low Against US Dollar 7th Day in a Row
The Pakistani rupee continued its historic fall against the US Dollar today after opening trade at 299.5 in the interbank… Read More
Every Effort Was Made to Destroy The Economy: Interim Finance Minister
A meeting of the Standing Committee on Finance and Revenue was held under the chairmanship of Senator Saleem Mandviwala at… Read More
Trading of Symmetry Group Shares At PSX to Start on Friday
Trading of shares of Symmetry Group Limited (PSX: SYM) will officially start on Friday, the Pakistan Stock Exchange informed investors… Read More
Chinese Company to Stop Thar Coal Project if Pakistan Doesn’t Pay $50 Million
China Machinery Engineering Corporation (CMEC) has announced that it will stop working on Thar coal mines after September 10th, 2023… Read More
NBP Records 114% Profit Growth in H1 2023
Despite the persistently challenging environment during the period, the National Bank of Pakistan reported a profit of over Rs. 26… Read More
SBP Suspends License of Exchange Company
The State Bank of Pakistan has suspended, with immediate effect, the authorization of an Exchange Company, namely, M/s Money Link… Read More
PSX Closes in Red After Losing Over 870 Points During Intraday Trade
Bears wreaked havoc at Pakistan Stock Exchange (PSX) today as equities witnessed a panic-struck sell-off on Tuesday amid severe political… Read More
Fauji Cement Posts Profit of Rs. 7.4 Billion in FY23
Fauji Cement Company Limited, which is one of the biggest cement manufacturers, has announced its financial results for the year… Read More
Rupee Crashes 6th Day in a Row Against US Dollar, British Pound
The Pakistani rupee continued its decline against the US Dollar today after opening trade at 303.66 in the interbank market.… Read More
Profit Repatriation Sees Massive 87% Drop during July
Foreign company repatriation of dollars fell 87.3 percent in July 2023, mirroring low profits and pro-IMF capital controls to address… Read More
Systems Limited Posts 79% Profit Growth in First 6 Months of 2023
Systems Limited (PSX: SYS) had another good run with a massive 79 percent year-on-year (YoY) profit growth during the half… Read More
