The Governments of Japan and Pakistan agreed on debt deferral amounting to approximately US$160 million, as the last phase of… Read More
Rupee Extends Losing Streak to 14 Days As Dominant Dollar Rattles Markets
The Pakistani Rupee (PKR) slid closer to its all-time low against the US Dollar (USD) and posted losses during intraday… Read More
Fauji Cement Posts Profit of Rs. 4.4 Billion in FY22
Fauji Cement Company Limited, which is one of the biggest cement manufacturers, has announced its financial results for the year… Read More
ECC to Consider Rs. 10 Billion Procurement Grant for Flood Victims Today
The Economic Coordination Committee (ECC) of the federal cabinet will consider a summary regarding the allocation of Rs. 10 billion… Read More
Pakistan Economy to Decelerate in 2023 Amid Strong Climate Headwinds: ADB
The Asian Development Bank (ADB) has predicted Pakistan’s economic growth rate to slow down to 3.5 percent in the fiscal… Read More
PPL Reports a Profit of Rs. 53.54 Billion in FY22
Pakistan Petroleum Limited (PPL), one of the top players in the oil and gas exploration and production sector, announced its… Read More
Rupee Falls 13th Day in a Row As Market Outlook Remains Grim
The Pakistani Rupee (PKR) slid further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Market Unresponsive: PKR Nears All-Time Low Against US Dollar As Woes Multiply
The Pakistani Rupee (PKR) dropped further against the US Dollar (USD) and posted losses during intraday trade today. It depreciated… Read More
Pakistan State Oil Plans $500 Million LNG Terminal
Pakistan State Oil (PSO) is planning to construct a $500 million LNG terminal as part of its diversification strategy, reported… Read More
Pakistan Will ‘Absolutely Not’ Default on Debt: Miftah Ismail
Pakistan will not default on its debt despite floods inflicting billions of dollars in damages and drowning almost one-third of… Read More
NEPRA in Financial Crunch Due to Non-Payment of Rs. 317 Million to CCP
National Electronic Power Regulatory Authority (NEPRA) has defaulted on its dues and owes Rs. 317 million to the Competition Commission… Read More
Pakistan Among 10 Developing Countries on ADB Food Program
Pakistan is one of the ten developing Asian countries that largely benefitted from the Asian Development Bank’s (ADB) Trade and… Read More
