Atlast Honda Limited — the largest motorcycle manufacturer in Pakistan — has posted a net profit of Rs. 1.1 billion for… Read More
Pakistan’s First Local Card Payment Scheme Gets Approval for Commercial Launch
Pakistanis will soon be able to use their own local card payment scheme, namely the PayPak. The State Bank of… Read More
Sony Posts Record Q1 Profits
Sony has announced its highest ever first-quarter profit of $1.43 billion (¥157.61 billion) exceeding the analysts’ estimate of ¥133.3 billion… Read More
Rupee Under Pressure as SBP Reserves Fall by $3.9 Billion
Despite having borrowed $4.4 billion from commercial banks in 2016-17, the reserves of State Bank of Pakistan (SBP) have declined… Read More
International Oil Prices Fall But Stay the Same in Pakistan
The Ministry of Finance announced yesterday that the rates of petroleum for the month of August will remain the same… Read More
Pakistan’s Credit Profile to be Affected Following Nawaz’s Ouster
Moody’s Investors Service (Moody’s) has reported that the disqualification of Nawaz Sharif as the Prime Minister has increased policy uncertainty.… Read More
Daily Stock Report: Market Recovers and Gains 523 Points After Panama Judgement
The KSE-100 Index opened positive after the opening bell, gaining 600 points in intra-day trading, however, the later session saw… Read More
FBR Collects An Impressive Rs 200 Billion in July
Federal Board of Revenue has collected Rs. 200 billion in taxes this month, indicating a great start to the new… Read More
Samsung Beats Intel to Become The Biggest Chip Maker in The World
It’s common knowledge that Samsung makes more money from its semiconductor and display division than it does out of its… Read More
JS Bank and Nestle Partner to Offer Youth Loans for Business
JS Bank has joined hands with Nestle Pakistan under the Prime Minister Youth Business Loan (PMYBL) program to generate opportunities… Read More
Daily Stock Report: PSX Shows Good Performance But Ends Day with Profit Taking
The Pakistan Stock Exchange showed an impressive performance with a turnaround from 45911.74 points to 47111.54 points, closing at +98.42 points… Read More
5 Companies From Pakistan Make it to Forbes ‘Best Under a Billion’ List
Forbes has released their latest annual “Asia’s Best Under a Billion” list. As the name implies, the list includes companies… Read More
