Nestlé Pakistan Limited (PSX: NESTLE) reported its full-year results for 2022, recording a handsome double-digit profit growth of 17.8 percent… Read More
Cash-Strapped PSO Wants to Somehow Buy Telenor Pakistan
Pakistan State Oil (PSO) wants to buy Telenor’s operations in Pakistan and intends to participate in the first round of… Read More
PM Shehbaz Shocked at Massive Increase in Chicken Prices
Prime Minister Shehbaz Sharif has inquired why chicken meat was so expensive in the country if everything was under control… Read More
State Bank Likely to Raise Interest Rate in Monetary Policy Committee’s Emergency Meeting
The State Bank of Pakistan (SBP) will push up its Monetary Policy Committee meeting to March 2nd, 2023, and raise… Read More
Gul Ahmed Textile Profits Dip by 41.6% During First Half of FY23
Gul Ahmed Textile Mills Limited (PSX: GATM) has posted an Rs. 2.18 billion consolidated profit after tax for the half-year… Read More
PPL Reports Impressive 55% Growth in Profits
Pakistan Petroleum Limited (PSX: PPL) has announced its consolidated results for the first 6 months of the fiscal year 2022-23… Read More
Rupee Gains Against Major Currencies As Markets Anticipate ‘Big SBP Move’
The Pakistani rupee (PKR) was stable against the dollar during interbank trade on Monday, going as high as 259.625 against… Read More
Hub Power Company Posts Massive Profit in 1HFY23
The Hub Power Company Limited (PSX: HUBC), one of the largest private power producers in the country, posted a consolidated… Read More
6-Month KIBOR Surges to All-Time High
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, increased by 25 basis points… Read More
SBP Directs Customs to Submit Confiscated Foreign Currency to NBP
The State Bank of Pakistan has directed Pakistan Customs to submit confiscated foreign currencies amount to the National Bank of… Read More
Govt May Approve Tariff Protection on Diesel, Petrol to Meet Demand
The Cabinet Committee on Energy (CCOE) may endorse a tariff protection of 10 percent deemed duty on diesel and 2.5… Read More
SBP Injects Rs. 1.8 Trillion into Market to Manage Liquidity
After a gap of just 4 days, the State Bank of Pakistan (SBP) again conducted an Open Market Operation (OMO)… Read More
