Euromonitor International – a market research group – has revealed that Pakistan is currently the world’s fastest-growing retail market. The… Read More
Automakers Are Concerned About Uncertainty Over Rupee Value
From past examples, it has been seen that rupee’s value is highly uncertain and the current state of foreign exchange… Read More
Govt Extends Duration for WHT Tax on Banking Transactions for Non-Filers
The government has extended the deadline for applicability of 0.4% withholding tax from 30th September 2017 to 31st December 2017.… Read More
Daily Stocks Report: Dull Trading Activity Results in A Change of 72 Points
The Pakistan Stock Exchange moved tentatively in the green on Thursday with the benchmark KSE-100 index gaining +72.72 points, or… Read More
Only 16% of Pakistanis Use Formal Financial Services [Infographics]
Mere 16% of Pakistanis have access to a formal financial service in Pakistan. “Lack of need” is cited as the main… Read More
Sindh Govt’s Funds for Industrial Areas Spark New Controversy
Sindh Government has issued Rs. 829.642 million for the infrastructure development of Karachi’s four industrial areas. This amount is disbursed… Read More
World Bank’s New Project to Promote House Financing in Pakistan
World Bank (WB) has announced a project to promote housing finance in Pakistan. This project will help improve conventional mortgage… Read More
Pakistan’s Financial Outlook Isn’t As Positive the Govt Says: ADB
Growth has improved, but the government of Pakistan needs to address fiscal and external sector vulnerabilities that have reappeared with… Read More
Pioneer Cement Posts Profits of Rs. 2.9 Billion for FY 16-17
Pioneer Cement has announced its financials for the current fiscal year, ending June 30th 2017. The company has posted a… Read More
Dawood Hercules to Raise Rs 6 Billion from Sukuk Bonds
In a notification sent to the PSX on Wednesday, Dawood Hercules Corporation Limited (DAWH) announced its Board of Directors had… Read More
Over Rs. 450 Million is Missing from Collected NHA Fines
The National Highway Authority’s (NHA) audit report 3 weeks ago revealed that there is a difference of Rs. 2 billion… Read More
ADB Approves $800 Million For Enhancing Road Networks in Pakistan
The Asian Development Bank’s (ADB) Board of Directors has approved a $800 million multi-tranche financing facility (MFF) to help enhance… Read More
